News
Important Only
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.2% higher at C$1.3927 to the greenback, or 71.8 U.S. cents, after trading in a range of 1.3921 to 1.3968.Canadian government 10-year bond yields CA10YT...Reuters
Tue, May 20
EUR steady despite continued dovishness from ECB – Scotiabank
Euro (EUR) is entering Tuesday’s NA session largely unchanged vs. the USD while trading with modest support over the past week or so, ignoring continued dovish messaging from key policymakers at the ECB, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Tue, May 20
CAD holds trading range around 1.3950 ahead of CPI – Scotiabank
The Canadian Dollar (CAD) continues to pivot around the mid-1.39 point as investors await signs on how US/Canada trade relations are going to evolve and the impact that will have on Canada’s domestic prospects, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Tue, May 20
Sterling steady against dollar, traders digest UK-EU reset deal
By Lucy Raitano (Reuters) May 20 - The pound held steady against the dollar on Tuesday but stayed close to a near three-week high hit on Monday after Britain agreed a major trade and defence reset with the European Union.At 1138 GMT, the pound was flat against the dollar at $1.33640 GBP=D3, havin...Reuters
Tue, May 20
Stablecoins stoke volatility in Brazil capital flows, says central banker
LONDON, May 20 (Reuters) - The surge in popularity of U.S. dollar-backed stablecoins as a way of transferring money abroad is increasing the volatility of Brazilian capital flows, Brazil's central bank deputy governor said on Tuesday. Brazilians' crypto asset usage has surged over the pa...Reuters
Tue, May 20
FOREX-Dollar slips on caution over US economy, traders mull US-Japan talks
By Lucy Raitano and Rocky Swift TOKYO, May 20 (Reuters) - The dollar slipped again on Tuesday after declining for a week, weighed down by the Federal Reserve's caution over the economy while traders considered news that upcoming U.S.-Japan talks could include discussions on FX and avoiding vo...Reuters
Tue, May 20
RPT-ANALYSIS-Dollar set for more weakness as 'Brand USA' falls further out of favor
Investors still see dollar as overvalued even after recent fallFurther rebalancing of global portfolios away from USD assets poses risk to the buckRise in FX hedge ratios could add selling pressureSome investors looking to sell dollar ralliesBy Saqib Iqbal Ahmed, Laura Matthews NEW YORK, May 19 (...Reuters
Tue, May 20
USD/JPY finds temporary support near 144.00, US-Japan trade talks in focus
The USD/JPY pair gauges ground near 144.00 during European trading hours on Tuesday, but is still down 0.2% near 144.50. The pair attracts bids as the US Dollar (USD) rebounds after revisiting the weekly low, which it posted on Monday.
Fxstreet
Tue, May 20
CORRECTED-FOREX-Dollar slips again on caution over US economy, Aussie falls after RBA
By Rocky Swift and Lucy Raitano TOKYO, May 20 (Reuters) - The dollar slipped on Tuesday after declining for a week, weighed down by the Federal Reserve's caution over the economy and as U.S. lawmakers came closer to passing a bill expected to widen the nation's fiscal deficit. The greenba...Reuters
Tue, May 20
NZD/USD: Likely to trade in a 0.5900/0.5950 range – UOB Group
New Zealand Dollar (NZD) is likely to trade in a 0.5900/0.5950 range vs 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
Tue, May 20
