News
Important Only
Australian Dollar holds ground following release of S&P PMI data
The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Thursday, extending its gains for the second successive day. The AUD/USD pair maintains its position following the release of the preliminary S&P Global Purchasing Managers Index (PMI) data.
Fxstreet
Thu, May 22
FOREX-Dollar swoons on fiscal worries, bitcoin extends record rally
U.S. fiscal concerns hit dollar, yen strengthensBitcoin reaches record high as investors seek dollar alternativesRepublicans divided over Trump's spending and tax-cut billBy Kevin Buckland TOKYO, May 22 (Reuters) - U.S. fiscal concerns and a tepid auction of Treasury bonds slapped the dollar ...Reuters
Thu, May 22
NZD/USD weakens below 0.5950, budget bill concerns might cap its downside
The NZD/USD pair softens to near 0.5930 during the early Asian session on Thursday. However, the downside for the pair might be limited amid rising concerns over the US President Donald Trump administration's tax cut and spending bill and worries over the performance of the US economy.
Fxstreet
Wed, May 21
EUR/USD rises for a third straight day as Greenback weakness takes hold
EUR/USD caught a bid on Wednesday, breaking through the 1.1300 technical barrier and climbing for a third straight session after market sentiment turned away from the US Dollar following a pummeling of US Treasury markets.
Fxstreet
Wed, May 21
Bessent discussed trade, currency issues with Japanese counterpart at G7
May 21 (Reuters) - U.S. Treasury Secretary Scott Bessent discussed trade and currency issues on Wednesday when he met with Japanese Finance Minister Katsunobu Kato on the sidelines of the G7 finance ministers meeting, the Treasury Department said.The pair reaffirmed their shared belief that exchange...Reuters
Wed, May 21
FOREX-US dollar slides on budget bill concerns, weak 20-year bond auction
Republican hardliners say bill not cutting spending enough Bessent to talk FX with Japan counterpart on G7 sidelines'Sell America' investment theme continues to weigh on dollarSoft US 20-year bond auction pressures dollarBitcoin hits all-time peakBy Gertrude Chavez-Dreyfuss NEW YORK, May ...Reuters
Wed, May 21
CANADA FX DEBT-Canadian dollar hits nearly 2-week high on reduced rate cut bets
Canadian dollar gains 0.6% against the greenbackTouches its strongest since May 8 at 1.3815Canada-US 2-year spread narrowsBy Fergal Smith TORONTO, May 21 (Reuters) - The Canadian dollar strengthened to a nearly two-week high against its U.S. counterpart on Wednesday as the greenback posted broad-...Reuters
Wed, May 21
Blackstone Taps Banks To Broaden Private-Wealth Business In Japan, Nikkei Says
May 21 (Reuters) - Nikkei:BLACKSTONE TAPS BANKS TO BROADEN PRIVATE-WEALTH BUSINESS IN JAPANBLACKSTONE PLANS TO ADD MORE SALES CHANNELS IN JAPAN FOR PRIVATE-ASSET FUNDS AIMED AT AFFLUENT INDIVIDUALSBLACKSTONE CONSIDERING SETTING UP A JAPAN-REGISTERED TRUST INVESTING IN YEN ASSETSA YEN FUND IS EXPECTE...Reuters
Wed, May 21
FOREX-US dollar skids on concerns about implications of Trump tax bill
Republican hardliners say bill not cutting spending enough Bessent to talk FX with Japan counterpart on G7 sidelines'Sell America' investment theme continues to weigh on dollarBy Amanda Cooper and Gertrude Chavez-Dreyfuss LONDON/NEW YORK, May 21 (Reuters) - The U.S. dollar fell for a thir...Reuters
Wed, May 21
GBP/USD soars to new yearly high as UK inflation surges, BoE rate cuts in doubt
The Pound Sterling rose to a new year-to-date (YTD) high of 1.3468 against the US Dollar on Wednesday as UK inflation rose, drifting away from the Bank of England's (BoE) 2% target, which had led to interest rate reductions earlier in the month.
Fxstreet
Wed, May 21
NZD/USD climbs as record US trade surplus boosts Kiwi confidence
The New Zealand Dollar (NZD) continues to strengthen against the US Dollar (USD) on Wednesday, with the release of a record trade surplus in April highlighting the largest monthly goods surplus on record with the United States.Fxstreet
Wed, May 21
Bitcoin rises to new record high, eclipses January top
LONDON, May 21 (Reuters) - The price of Bitcoin BTC= rose to its highest level on record on Wednesday, eclipsing the previous high from January, as risk sentiment continues to improve after last month's tariff-induced sell-off. The world's largest cryptocurrency touched a high of $109,481.83...Reuters
Wed, May 21
South African rand near five-month high before Trump meeting
JOHANNESBURG, May 21 (Reuters) - The South African rand was steady on Wednesday, trading near a five-month high an hour before President Cyril Ramaphosa was set to meet U.S. President Donald Trump to try to improve relations.At 1440 GMT the rand traded at 17.9150 against the dollar ZAR=D3, near its ...Reuters
Wed, May 21
