News
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USD/CAD holds steady above mid-1.3900s amid mixed cues; remains confined in a familiar range
The USD/CAD pair struggles to gain any meaningful traction during the Asian session on Monday and remains confined in a familiar range held over the past week or so. Spot prices currently trade around the 1.3965-1.3970 region, nearly unchanged for the day amid mixed fundamental cues.
Fxstreet
Mon, May 19
Australian dollar braces for RBA decision, kiwi awaits more fiscal pain
SYDNEY, May 19 (Reuters) - The Australian dollar was bracing for a central bank policy meeting where a quarter-point cut has been widely expected, while the kiwi awaited a government budget that will include painful cost-cutting measures even as the economy struggles. The Aussie inched up 0.1% to $0...Reuters
Mon, May 19
GBP/USD holds gains around 1.3300 as US Dollar weakens following Moody’s downgrade
The GBP/USD pair recovered from prior session losses, trading near the 1.3300 level during Asian session on Monday. The rebound is largely driven by renewed pressure on the US Dollar (USD) after Moody’s Investors Service downgraded the US credit rating by one notch, from Aaa to Aa1.
Fxstreet
Mon, May 19
FOREX-Dollar edges lower after US credit downgrade, Aussie pares losses before RBA
By Rocky Swift TOKYO, May 19 (Reuters) - The U.S. dollar trimmed a four-week gain in early Asian trade as markets digested a surprise downgrade of the U.S. government's credit rating and as lingering trade frictions weighed on sentiment.The greenback advanced 0.6% against major counterparts l...Reuters
Mon, May 19
Binance, Kraken Said To Have Been Targets Of Coinbase-Like Hacks - Bloomberg News
May 16 (Reuters) - BINANCE, KRAKEN SAID TO HAVE BEEN TARGETS OF COINBASE-LIKE HACKS - BLOOMBERG NEWSBINANCE AND KRAKEN WERE ABLE TO FEND OFF THE ATTACKS WITHOUT LOSING CUSTOMER DATA - BLOOMBERG NEWSSource text: https://tinyurl.com/4c3kbkx8Reuters
Fri, May 16
FOREX-US dollar rises after data, set for fourth straight weekly gain
Import prices unexpectedly riseGauge of consumer sentiment falls, inflation expectations jumpDollar poised for fourth straight week of gainsBy Chuck Mikolajczak NEW YORK, May 16 (Reuters) - The dollar strengthened on Friday after the latest round of economic data showed a rebound in import prices...Reuters
Fri, May 16
UBS in talks with clients over FX derivative losses on Trump volatility, sources say
Clients hit after Trump's tariffs sparked jump in Swiss francClients' combined losses run into hundreds of millions, source saysUBS says it's 'analyzing potential unexpected effects'By Stefania Spezzati, Oliver Hirt and Ariane Luthi LONDON/ZURICH, May 16 (Reuters) - UBS UBSG....Reuters
Fri, May 16
