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USD/INR edges higher as Rupee weakens on month-end Dollar demand, RBI rate cut bets
The Indian Rupee (INR) depreciates against the US Dollar (USD) on Tuesday amid month-end Dollar demand from importers and a steady Greenback.
Fxstreet
Tue, May 27
AUD/USD slumps to near 0.6450 as progress in US-EU trade talks lifts US Dollar
The AUD/USD pair extends correction to near 0.6450 during North American trading hours on Tuesday from its six-month high of 0.6537 posted the previous day.
AUD/USD
Fxstreet
Tue, May 27
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.2% lower at C$1.3763 to the greenback, or 72.66 U.S. cents, after trading in a range of 1.3723 to 1.3774.Canadian government 10-year bond yields CA10YT=RR ...
Reuters
Tue, May 27
AutoZone's third quarter profit falls 6.6% on currency headwinds
May 27 (Reuters) - AutoZone Inc AZO.N on Tuesday reported a 6.6% drop in quarterly profit, as softening demand and currency fluctuations weighed on the auto parts retailer's margins.The Memphis, Tennessee-based auto parts retailer has been under pressure from consumers pulling back on buying cer...
Reuters
Tue, May 27
Mexican Peso steadies ahead of US Durable Goods Orders and Consumer Confidence data
The Mexican Peso (MXN) is losing momentum against the US Dollar (USD) a few hours before the US session starts, as the Greenback attempts a recovery.
USD/MXN
Fxstreet
Tue, May 27
Brazil Mid-month Inflation registered at 0.36%, below expectations (0.44%) in May
Brazil Mid-month Inflation registered at 0.36%, below expectations (0.44%) in May
Fxstreet
Tue, May 27
FOREX-Dollar strengthens, yen slips as Japanese yields slump
Yen weakens as Japanese bond yields slumpDollar strengthens against range of currenciesUS Senate debates tax-cut bill impacting debtTrump's erratic trade policies, spending plans hurt US assets By Lucy Raitano and Rocky Swift LONDON, May 27 (Reuters) - The dollar strengthened on Tuesday as...
Reuters
Tue, May 27
USD/JPY climbs toward 144.00 as Yen weakens despite BoJ’s hawkish signals, easing trade tensions lift the US Dollar
The Japanese Yen (JPY) is losing ground against the US Dollar (USD), retreating from a four-week high of 142.11 reached during early Asian trading hours on Tuesday.
USD/JPY
Fxstreet
Tue, May 27
JPY is underperforming despite MoF engagement & hawkish BoJ Gov – Scotiabank
Japanese Yen (JPY) is weak, trading down 0.8% against the US Dollar (USD) and underperforming all of the G10 currencies in an environment of broad-based USD strength, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USD/JPY
Fxstreet
Tue, May 27
GBP a relative outperformer despite softer CBI data – Scotiabank
Pound Sterling (GBP) is soft, down 0.15% against the US Dollar (USD) while showing relative outperformance against the G10 currencies, Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBP/USD
Fxstreet
Tue, May 27
USD/CHF Price Forecast: Breaks trendline resistance, heading to the 0.8300 area
The US Dollar has bounced up from three-week lows, favoured by a brighter market mood.
USD/CHF
Fxstreet
Tue, May 27
Sterling weakens versus dollar but stays close to over three-year high
LONDON, May 27 (Reuters) - The pound ticked lower versus a broadly stronger dollar on Tuesday, yet remained close to a more than three-year high scaled on Monday as reduced bets on Bank of England rate cuts and some brighter economic data lifted the mood. At 1110 GMT, the pound was down 0.13% agains...
Reuters
Tue, May 27
Another Taiwan Dollar? Hedge Funds Bet on Korean Won Rally
TradingKey - According to Bloomberg, hedge funds are ramping up bets in the options market, speculating that the South Korean won will mirror the recent dramatic surge of the Taiwan dollar.
TradingKey
Tue, May 27
USD/CAD: Minor USD rebounds are liable to attract renewed selling interest – Scotiabank
The Canadian Dollar (CAD) has slipped back amid the broader rebound in the USD vs US Dollar (YSD). USD gains have taken funds back to the mid/upper 1.37s and largely reflect the rebound in the USD rather than any CAD-negative development, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USD/CAD
Fxstreet
Tue, May 27
EUR a mid-performer with mixed data – Scotiabank
Euro (EUR) is soft, down 0.4% vs. the US Dollar (USD) and a mid-performer among the G10 as we head into Tuesday’s NA session.
EUR/USD
Fxstreet
Tue, May 27
EUR/GBP explores fresh lows sub-0.8380 as Eurozone data fails to inspire
The Euro extends losses for the fourth consecutive day against the British Pound, weighed by uninspiring Eurozone economic data and dovish comments by ECB policymaker Francois Villeroy.In Germany, the GFK Consumer Sentiment Index has ticked in from last week’s lows but remains at extremely low level
EUR/GBP
Fxstreet
Tue, May 27
USD/CAD rises to near 1.3760 as US Dollar gains ground
The USD/CAD pair gains to near 1.3760 during European trading hours on Tuesday. The Loonie pair rises as the US Dollar (USD) gains ground due to de-escalating trade tensions between the European Union (EU) and the United States (US).
USD/CAD
Fxstreet
Tue, May 27
USD/JPY: Major support at 141.70 is unlikely to come under threat – UOB Group
US Dollar (USD) could edge lower and retest the 142.20 level vs Japanese Yen (JPY); the major support at 141.70 is unlikely to come under threat. In the longer run, risk is still on the downside, but it remains to be seen if USD can maintain its pace of decline.
USD/JPY
Fxstreet
Tue, May 27
EUR/USD retraces on progress in US-EU trade talks, dovish ECB
EUR/USD corrects to near 1.1350 during European trading hours on Tuesday after revisiting the monthly high of 1.1425 the previous day.
EUR/USD
Fxstreet
Tue, May 27
FOREX-Dollar broadly firm, yen slips as Japanese yields slump
Yen weakens as Japanese bond yields slumpDollar strengthens against range of currenciesUS Senate debates tax-cut bill impacting debtTrump's erratic trade policies, spending plans hurt US assets By Lucy Raitano and Rocky Swift LONDON, May 27 (Reuters) - The dollar rallied on Tuesday as inve...
Reuters
Tue, May 27
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