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TREASURIES-US yields fall on soft housing data, weak consumer sentiment
Weaker housing starts contributed to yields falling on FridayMarkets expect first rate cut in SeptemberConsumer sentiment weaker, but inflation expectations worsenedYields on track for largest weekly gains since early AprilBy Tatiana Bautzer NEW YORK, May 16 (Reuters) - Yields on U.S. Treasuries ...Reuters
Fri, May 16
Five charts on Romania's election-driven market jitters
By Marc Jones LONDON, May 16 (Reuters) - Romania holds the deciding round of its presidential election on Sunday with hard-right eurosceptic front-runner George Simion facing off against reformist Nicusor Dan.The stakes are high for the EU and NATO member, especially given the stances of the two ...Reuters
Fri, May 16
USD/CHF Price Forecast: Rejection at resistance risks fresh downside
The US Dollar (USD) is trading higher against the safe-haven Swiss Franc (CHF) on Friday, as markets continue to digest the ongoing developments in tariff negotiations, interest rate expectations, and broader risk sentiment.
Fxstreet
Fri, May 16
GBP/USD slips below 1.33 as US consumer sentiment turns negative, boosts USD
The Pound Sterling retreats against the US Dollar during the North American session, poised to end the week with minimal losses of over 0.24%. An absent economic docket in the UK on Friday left traders adrift to US data, which revealed that consumers are becoming pessimistic about the economy.
Fxstreet
Fri, May 16
FOREX-US dollar climbs after data, on track for fourth straight weekly gain
Import prices unexpectedly riseGauge of consumer sentiment fallsDollar poised for fourth straight week of gainsBy Chuck Mikolajczak NEW YORK, May 16 (Reuters) - The dollar rose on Friday after the latest round of economic data showed a jump in import prices while consumer sentiment remained subdu...Reuters
Fri, May 16
NZD/USD edges higher as upbeat New Zealand data offsets cautious US Dollar tone
NZD/USD edges higher to trade near 0.5894 at the start of the American trading hours on Friday, snapping a two-day losing streak. The pair is holding within this week’s range as it draws support from upbeat domestic data and rising inflation expectations.
Fxstreet
Fri, May 16
EUR/JPY flattens around 163.00, Japan Q1 GDP contracts by 0.2%
The EUR/JPY pair trades flat around 163.00 after recovering its initial losses during North American trading hours on Friday. The cross rebounds as the Japanese Yen (JPY) faces slight selling pressure, following the release of the Japan Q1 Gross Domestic Product (GDP) data.Fxstreet
Fri, May 16
TREASURIES-US yields fall on signs of weaker housing market
By Tatiana Bautzer NEW YORK, May 16 (Reuters) - Yields on U.S. Treasuries fell on Friday after data showed weaker housing starts than expected, as tariffs and high mortgage rates cooled activity in construction.The benchmark 10-year yield US10YT=RR fell 6.1 basis points to 4.394%. The two-year US...Reuters
Fri, May 16
Five charts on Romania's election-driven market jitters
By Marc Jones LONDON, May 16 (Reuters) - Romania holds the deciding round of its presidential election on Sunday with hard-right eurosceptic front-runner George Simion facing off against reformist Nicusor Dan.The stakes are high for the EU and NATO member, especially given the stances of the two ...Reuters
Fri, May 16
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Friday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0% lower at C$1.3958 to the greenback, or 71.64 U.S. cents, after trading in a range of 1.3936 to 1.3973.Canadian government 10-year bond yields CA10YT=RR fel...Reuters
Fri, May 16
Mexican Peso trims some of Banxico-related losses following interest-rate cut
The Mexican peso (MXN) is consolidating against the US dollar (USD) on Friday after recovering some of the ground lost on Thursday after the Banco de Mexico (Banxico) decided to cut interest rates, as expected.
Fxstreet
Fri, May 16
SNB does not rule out possibility of negative rates
By John RevillLUCERNE, Switzerland, May 16 (Reuters) - Swiss National Bank Chairman Martin Schlegel said on Friday he could not rule out that negative interest rates may be needed again in future, while reiterating that the central bank is not in favour of them.Schlegel, who has previously floated t...Reuters
Fri, May 16
FOREX-US dollar set for fourth straight weekly rise against euro and yen
Greenback little changed on Friday after tracking US yieldsMarket focus could shift to US fiscal policyUS equity funds receive first inflows in five weeksSouth Korean won still choppy after sharp rise this weekBy Stefano Rebaudo May 16 (Reuters) - The dollar was heading for a fourth straight week...Reuters
Fri, May 16
EXCLUSIVE-Syria plans to print currency in UAE and Germany, ending Russian role
Syria in talks with UAE firm over currency printing, sources sayGerman companies also interested, sources saySyria's new rulers building ties with Gulf Arab, Western statesBy Timour Azhari DAMASCUS, May 16 (Reuters) - Syria plans to print a newly-designed currency in the UAE and Germany inste...Reuters
Fri, May 16
