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EUR/JPY ticks down to near 163.00, Russia-Ukraine truce talks in focus
The EUR/JPY pair edges down to near 162.90 during North American trading hours on Wednesday. The cross ticks lower as the Japanese Yen (JPY) outperforms across the board, with investors remaining increasingly confident that the Bank of Japan (BoJ) will raise interest rates again this year.
Fxstreet
Wed, May 21
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Wednesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.3% higher at C$1.3868 to the greenback, or 72.11 U.S. cents, after trading in a range of 1.3869 to 1.392.Canadian government 10-year bond yields CA10...Reuters
Wed, May 21
Loonie strengthens for third day as core inflation rises, US Dollar stumbles
The Canadian Dollar (CAD) strengthens further against the US Dollar (USD) on Wednesday, marking a three-day rally, with USD/CAD slipping below 1.3900 as markets digest stronger-than-expected Canadian inflation figures and a broadly subdued Greenback.
Fxstreet
Wed, May 21
LSEG drops plan to add Cboe data to WMR FX benchmarks
By Marc JonesLONDON, May 21 (Reuters) - The London Stock Exchange Group's LSEG.L FTSE Russell unit has dropped plans to add Chicago Board Options Exchange owner Cboe CBOE.Z to the group of currency data providers used to calculate its WMR FX benchmarks after pushback from users.FTSE Russell prop...Reuters
Wed, May 21
JPY showing impressive gains vs. USD – Scotiabank
Japanese Yen (JPY) is entering Wednesday’s NA session with an impressive 0.4% gain vs. the US Dollar (USD), a mid-performer among the G10 in an environment of broad-based USD weakness, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Wed, May 21
GBP trades to fresh multi-year high – Scotiabank
Pound Sterling (GBP) is entering Wednesday’s NA session with a 0.1% gain again the US Dollar (USD) but losses against most of the remaining G10 currencies, trading erratically in response to the release of stronger than expected inflation data, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Wed, May 21
South Korea's won gains after report on US demand for stronger currency
SEOUL, May 21 (Reuters) - South Korea's currency rose sharply against the dollar on Wednesday after a media report that the United States had demanded that Seoul come up with measures to boost the won. Last month, South Korea and the United States agreed to craft a trade package aimed at removin...Reuters
Wed, May 21
FOREX-Dollar drops as traders fret over Trump tax bill
Trump failed to convince Republican holdouts who could block billBessent to talk currencies with Japanese counterpart on G7 sidelines"Sell America" investment theme continues to weigh on dollarBy Kevin Buckland and Amanda Cooper TOKYO/LONDON, May 21 (Reuters) - The dollar fell for a third...Reuters
Wed, May 21
Mexican Peso retreats against the US Dollar ahead of Mexican Retail Sales data, US tax vote
The Mexican Peso (MXN) and the US Dollar (USD) are gearing up for a crucial day of economic and fundamental headwinds, which could offer further insight into the current and projected growth outlooks for both economies.
Fxstreet
Wed, May 21
USD/JPY: Bias for USD is on the downside – UOB Group
There is scope for US Dollar (USD) to edge lower to 143.80 vs Japanese Yen (JPY); a sustained break below this level seems unlikely. In the longer run, the bias for USD is on the downside toward 143.80, potentially to 143.30, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, May 21
AUD/USD Price Forecast: Sets for volatility expansion
The AUD/USD pair moves higher to near 0.6460 during European trading hours on Wednesday. The Aussie pair gains as the US Dollar (USD) continues to underperform its peers on the back of the United States (US) Sovereign Credit rating erosion.Fxstreet
Wed, May 21
Lagarde is positive on the strong Euro – Commerzbank
News of a potential Israeli attack on Iran's nuclear facilities is causing EUR/USD to rise this morning and shows that the euro is currently still favored as a safe haven against the dollar. However, this does not seem to be a problem, at least for the ECB.Fxstreet
Wed, May 21
Euro reinsurers' RoE slips to 17.5% in Q1, but 2025 targets within reach: Fitch
May 21 - (The Insurer) - European reinsurers’ average return on equity (RoE) declined to 17.5% in the first quarter of 2025 from 21.2% a year earlier owing to large loss expenditures, Fitch Ratings said in a report released on Tuesday.Scor and Swiss Re bucked the trend with improved RoEs in the quar...Reuters
Wed, May 21
EMERGING MARKETS-EM stocks hit 7-month peak; South Africa rand near 5-month high ahead of budget
EM stocks up 0.7%, FX up 0.1%Morgan Stanley ups forecast for EM stocksSouth Africa rand steady ahead of budgetIsrael bonds fall on report of planned strike on Iran's nuclear facilities By Nikhil Sharma May 21 (Reuters) - Emerging market stocks hit a more than seven-month high on Wednesday, re...Reuters
Wed, May 21
NZD/USD: Outlook remains mixed – UOB Group
New Zealand Dollar (NZD) is likely to trade in a sideways range of 0.5905/0.5945 against the US Dollar (USD). In the longer run, outlook remains mixed, but NZD is likely to trade in a tighter range of 0.5835/0.5985, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, May 21
