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USD/CAD falls to near 1.3700 as traders expect BoC to hold rates in June
USD/CAD continues its losing streak that began on May 19, trading around 1.3710 during the early European hours on Monday.
USD/CAD
Fxstreet
Mon, May 26
EUR/GBP is struggling to regain the 0.8400 level despite the pause on EU tariffs
The Euro ticked up from the nearly two-month low hit on Friday, but it remains unable to post a significant recovery despite the upbeat news on the US tariffs’ domain.
EUR/GBP
Fxstreet
Mon, May 26
Forex Today: US Dollar continues to weaken to start week
Here is what you need to know on Monday, May 26:
Fxstreet
Mon, May 26
USD/CHF remains on the defensive near 0.8200 on US fiscal concerns
The USD/CHF pair remains on the defensive around 0.8200 during the early European trading hours on Monday. US trade policy uncertainty and concerns over fiscal health drag the US Dollar (USD) lower against the Swiss Franc (CHF).
USD/CHF
Fxstreet
Mon, May 26
EUR/USD strengthens above 1.1400 as Trump delayed 50% tariffs on EU to July 9
The EUR/USD pair gathers strength to near 1.1415 during the early European session on Monday. The Euro (EUR) edges higher against the Greenback as US President Donald Trump extends the deadline for 50% EU tariffs until July 9.
EUR/USD
Fxstreet
Mon, May 26
Asian currencies rise as US fiscal woes, policy shifts weigh on dollar
May 26 (Reuters) - Emerging Asian currencies firmed on Monday, aided by pressure on the dollar amid U.S. fiscal concerns, while risk appetite improved after U.S. President Donald Trump postponed his threat to impose 50% tariffs on EU goods by more than a month.
Reuters
Mon, May 26
EUR/JPY Price Forecast: Climbs beyond mid-162.00s, bulls have the upper hand while above 200-day SMA
The EUR/JPY cross gains strong positive traction at the start of a new week and snaps a three-day losing streak to the 161.00 neighborhood, or a nearly one-month low set on Friday.
EUR/JPY
Fxstreet
Mon, May 26
GBP/USD Price Forecast: Hits fresh 39-month highs near 1.3600
The GBP/USD pair extends its winning streak for the second successive session, trading around 1.3580 during Monday's Asian hours. The technical analysis of the daily chart suggests that a bullish bias prevails as the pair moves upwards within an ascending channel pattern.
GBP/USD
Fxstreet
Mon, May 26
INDIA RUPEE-Rupee rises above 85/USD hoisted by fragile dollar, stronger yuan
By Jaspreet Kalra MUMBAI, May 26 (Reuters) - The Indian rupee and other Asian currencies extended their recent rallies on Monday, as abrupt shifts in U.S. trade policy and concerns over fiscal health kept the dollar under pressure.The rupee INR=In rose past the 85 per U.S. dollar mark for the fir...
Reuters
Mon, May 26
NZD/USD moves above 0.6000 despite NZIER’s recommendation for a rate cut
NZD/USD hits fresh six-month highs, with trading around 0.6030 during the Asian hours on Monday. The pair continues its winning streak for the second successive day as the US Dollar remains under downward pressure amid rising United States (US)-debt concerns.
NZD/USD
Fxstreet
Mon, May 26
FOREX-Euro jumps, dollar swoons as Trump relents on EU tariff threat
Risk-sensitive currencies gain as growth worries recedeDollar assets also pressured by Trump's sweeping tax billU.S. currency even loses ground to safe-haven yen, francBy Kevin Buckland TOKYO, May 26 (Reuters) - The euro jumped along with risk-sensitive currencies like the Australian dollar o...
Reuters
Mon, May 26
USD/CAD slides below 1.3700 mark, fresh YTD trough amid sustained USD selling
The USD/CAD pair prolongs its downtrend witnessed over the past week or so and attracts some follow-through selling during the Asian session on Monday.
USD/CAD
Fxstreet
Mon, May 26
USD/INR holds steady despite softer US Dollar
The Indian Rupee (INR) flat lines on Monday after hitting its best performance in more than two years in the previous session. According to Bloomberg, the Indian currency’s biggest gain was seen after November 11, 2022, when it appreciated around 99 paise in a single day.
Fxstreet
Mon, May 26
Australian Dollar advances as US Dollar depreciates due to rising debt concerns
The Australian Dollar (AUD) continues to gain ground against the US Dollar (USD) on Monday, marking fresh six-month highs. The AUD/USD pair receives support as the US Dollar remains under downward pressure amid rising uncertainty surrounding the United States (US) economy.
AUD/USD
Fxstreet
Mon, May 26
India Morning Newsletter, May 26
To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-SubscriptionpageFor an index of our newsletters click on NEWSL
Reuters
Mon, May 26
Japanese Yen advances to fresh monthly peak against USD
The Japanese Yen (JPY) reverses a modest Asian session downtick against a broadly weaker US Dollar (USD) and touches a fresh monthly high during the Asian session on Monday.
USD/JPY
Fxstreet
Mon, May 26
Australia, New Zealand dollars hit new 2025 highs amid more US tariff chaos
SYDNEY, May 26 (Reuters) - The Australian and New Zealand dollars hit new 2025 highs on Monday after U.S. President Donald Trump's fresh tariff threats undermined the greenback, while a rebound in global stocks also aided the risk-sensitive currencies. The Aussie AUD=D3 rallied 0.6% to $0.6536, ...
Reuters
Mon, May 26
EUR/USD rises to near 1.1400 as Trump extends tariff deadline on EU imports
EUR/USD extends its gains for the second successive session, trading around 1.1390 during the Asian hours on Monday. The Euro (EUR) gains ground as Bloomberg reported that US President Donald Trump agreed to extend the 50% tariff deadline on the European Union (EU) until July 9. On Sunday.
EUR/USD
Fxstreet
Mon, May 26
PBOC sets USD/CNY reference rate at 7.1833 vs. 7.1919 previous
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1833 as compared to Friday's fix of 7.1919 and 7.1737 Reuters estimate.
USD/CNH
Fxstreet
Mon, May 26
GBP/USD advances beyond mid-1.3500s, fresh high since February 2022
The GBP/USD pair is seen building on last week's strong move up and gaining some follow-through positive traction during the Asian session on Monday. The momentum lifts spot prices beyond the 1.3550 level, to the highest level since February 2022, and is sponsored by a combination of factors.
GBP/USD
Fxstreet
Mon, May 26
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