News
Important Only
NZD/USD holds above 0.5900 on weaker US Dollar, renewed US-China tensions might cap its upside
The NZD/USD pair attracts some buyers to around 0.5935 during the early Asian session on Wednesday, bolstered by a weaker US Dollar (USD). The Federal Reserve’s (Fed) Thomas I. Barkin is scheduled to speak later on Wednesday.
Fxstreet
Wed, May 21
EUR/USD climbs on Greenback weakness, but key technical barriers remain in place
EUR/USD caught a bounce for a second day in a row on Tuesday, bolstering the pair back toward the 1.1300 handle. Despite a near-term rise in bullish momentum bolstering the Fiber, EUR/USD remains well back from recent multi-year highs near 1.1575.
Fxstreet
Tue, May 20
USD/CAD softens to near 1.3900 on caution over US economy
The USD/CAD pair extended its decline to near 1.3910 during the early Asian session on Wednesday. The US Dollar (USD) weakens against the Canadian Dollar (CAD) amid renewed concerns over the US economy. Traders will keep an eye on the speech from the Federal Reserve’s (Fed) Thomas I.
Fxstreet
Tue, May 20
AUD/USD hovers above 0.6400 post RBA rate cut, eyes on US Trump tax bill approval
The Australian Dollar (AUD) begins the Asian session virtually unchanged against the US Dollar (USD) on Wednesday, following a 0.49% loss in the previous session as the Reserve Bank of Australia (RBA) reduced interest rates. At the time of writing, the AUD/USD trades at 0.6420 flat.Fxstreet
Tue, May 20
Mexican Peso hits yearly high on weak US Dollar
The Mexican Peso (MXN) rallied to a new yearly high against the US Dollar (USD) on Tuesday as investors continued to digest Moody’s downgrade to United States (US) government debt and wait for the vote on the Tax bill presented by the Trump administration.
Fxstreet
Tue, May 20
FOREX-Dollar falls on more downbeat Fed comments; focus on Japan talks, House vote
US dollar falls to roughly two-week low vs yenTraders await US-Japan talks at G7 gatheringFocus on key House vote this week By Gertrude Chavez-Dreyfuss NEW YORK, May 20 (Reuters) - The U.S. dollar weakened anew on Tuesday, weighed down in part by more cautious remarks about the economy by Federal...Reuters
Tue, May 20
CANADA FX DEBT-Canadian dollar gains as core inflation measures heat up
Canadian dollar gains 0.2% against the greenbackTrades in a range of 1.3918 to 1.3968Underlying inflation heats up in April10-year yield touches a near four-month highBy Fergal Smith TORONTO, May 20 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Tuesday as investors ...Reuters
Tue, May 20
USD/JPY steady near 144.75 as Yen rally stalls, US-Japan trade talks in focus
The Japanese Yen (JPY) continues to firm against the US Dollar (USD) on Tuesday, marking the second consecutive day of gains amid broad USD weakness, although the USD/JPY pair is trading flat near 144.75 in American hours.
Fxstreet
Tue, May 20
FOREX-Dollar dips as caution reigns over US economy; focus on US-Japan talks
US dollar falls to roughly two-week low vs yenTraders await US-Japan talks at G7 gatheringFocus on outcome of Trump meeting with House RepublicansBy Lucy Raitano and Gertrude Chavez-Dreyfuss LONDON/NEW YORK, May 20 (Reuters) - The U.S. dollar declined again on Tuesday, weighed down in part by the...Reuters
Tue, May 20
GBP/JPY rebounds to near 193.50 as BoE Pill warns caution on interest rate cuts
The GBP/JPY pair attracts bids near 192.00 and flattens around 193.50 during North American trading hours on Tuesday. The cross bounces back as the Japanese Yen (JPY) loses strength after Tokyo announced the meeting with Washington this week for the third-round trade talks.
Fxstreet
Tue, May 20
USD/CHF Price Forecast: At make or a break around 0.8340
The USD/CHF pair flattens around 0.8340 during North American trading hours on Tuesday after clawing back initial losses. The Swiss Franc pair rebounds as the US Dollar Index (DXY) bounced back after attracting bids near the weekly low around 100.00.
Fxstreet
Tue, May 20
USD/CAD holds steady despite Canada’s mixed CPI print
USD/CAD is trading in a tight range in the early hours of the US session as markets react to Canada’s latest Consumer Price Index (CPI) data and shift focus to Wednesday’s US House of Representatives vote on President Donald Trump’s proposed tax bill.Fxstreet
Tue, May 20
