News
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USD/INR weakens ahead of FOMC Minutes
The Indian Rupee (INR) strengthens on Wednesday. Concerns over US trade and fiscal policies undermine the US Dollar (USD). Additionally, a decline in Crude oil prices provides some support to the Indian currency, as India is the world's third-largest oil consumer.Fxstreet
Wed, May 28
BOJ governor says swings in super-long yields could impact shorter durations
TOKYO, May 28 (Reuters) - Bank of Japan Governor Kazuo Ueda said on Wednesday that large swings in super-long government bond yields could affect yields on shorter-term bonds."Our research has shown that changes in short- and medium-term interest rates have larger impacts on economic activities ...
Reuters
Wed, May 28
Fed's Williams calls for strong response if inflation deviates from target
Central banks' focus should be to avoid costly mishapsWilliams warns of uncertainty on inflation expectationsFocus should be to avoid inflation becoming persistentUS reserves abundant, serving as buffer against shocksBy Leika KiharaTOKYO, May 28 (Reuters) - New York Federal Reserve President Joh...Reuters
Wed, May 28
Fed's Williams calls for strong response if inflation deviates from target
TOKYO, May 28 (Reuters) - New York Federal Reserve President John Williams said on Wednesday central banks must "respond relatively strongly" when inflation begins to deviate from their target. "You want to avoid inflation becoming highly persistent because that could become permanent,&#...Reuters
Wed, May 28
Canadian Dollar snaps six-day win streak as markets pare Loonie bets
The Canadian Dollar (CAD) lost ground against the US Dollar (USD) on Tuesday, snapping a six-session winning streak for the Loonie and pushing USD/CAD back above 1.3750 as trade headlines dominate the market cycle.
Fxstreet
Wed, May 28
USD/CAD rebounds above 1.3800, FOMC Minutes in focus
The USD/CAD pair posts modest gains near 1.3805 during the early Asian session on Wednesday. The US Dollar (USD) strengthens against the Canadian Dollar (CAD) after the stronger US Consumer Confidence data. The attention is shifted to the FOMC Minutes, which are due later on Wednesday.Fxstreet
Tue, May 27
NZD/JPY Price Forecast: Climbs higher but bulls struggle to clear 86.00 resistance
NZD/JPY extended its rally for the third consecutive day on Tuesday, rose a slim 0.17%, but failed to clear key resistance seen at the Kijun-Sen at 85.92 to challenge the 86.00 figure. As Wednesday’s Asian session begins, the cross-pair trades at 85.81 virtually unchanged.
Fxstreet
Tue, May 27
AUD/JPY extends winning streak toward 93.00 as risk sentiment dents Yen appeal
The Australian Dollar (AUD) strengthens against the Japanese Yen (JPY), extending modest gains for the third consecutive day. At the time of writing, the AUD/JPY cross is pushing higher to trade near 93.00 during the late American sessions on Tuesday, up nearly 1% on the day.
Fxstreet
Tue, May 27
EUR/USD slips below 1.1400 amid strong US data and soft French inflation
The EUR/USD pair retreats below 1.1400 for the second consecutive day, driven by a recovery in the US Dollar (USD) following an upbeat Consumer Confidence report. Additionally, soft inflation data in France undermined the shared currency, which trades on Tuesday at 1.1335, down over 0.40%.
Fxstreet
Tue, May 27
FOREX-Dollar gains, yen slips as Japanese yields tumble
Yen weakens as Japanese bond yields slumpDollar extends gains as US consumer confidence improvesTrump drops EU tariff threat, boosting risk appetite By Karen Brettell NEW YORK, May 27 (Reuters) - The dollar strengthened on Tuesday as the yen came under pressure from a sharp fall in Japan's lo...Reuters
Tue, May 27
CANADA FX DEBT-Canadian dollar pulls back from 7-month high on importer hedging
Canadian dollar falls 0.4% against the greenbackPrice of oil decreases 1.4%Flash estimate shows wholesale trade down 0.9% in AprilBond yields drop across the curveBy Fergal Smith TORONTO, May 27 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Tuesday as the greenback notc...Reuters
Tue, May 27
FOREX-Dollar gains, yen slips as Japanese yields tumble
Yen weakens as Japanese bond yields slumpDollar extends gains as consumer confidence improvesUS Senate debates tax-cut bill impacting debtBy Karen Brettell NEW YORK, May 27 (Reuters) - The dollar strengthened on Tuesday as the yen came under pressure from a sharp fall in Japan's long-dated bo...Reuters
Tue, May 27
