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British Pound hangs near one-week low vs JPY; seems vulnerable below 212.00/100-day SMA
The GBP/JPY cross drifts lower for the second consecutive day – also marking the third day of a negative move in the previous three – and slides below the 212.00 mark, hitting a one-and-a-half-week low during the Asian session on Friday.
Fxstreet
Fri, May 15
British Pound declines to near 1.3350 amid UK political uncertainty
The GBP/USD pair faces some selling pressure near 1.3365 during the Asian trading hours on Friday. The British Pound (GBP) weakens against the US Dollar (USD) amid political uncertainty in the United Kingdom (UK) and risk-off sentiment.
Fxstreet
Fri, May 15
Australian Dollar softens to near 0.7200 as Trump and Xi set for second day of talks
The AUD/USD pair attracts some sellers to near 0.7205 during the early Asian trading hours on Friday. Markets remain cautious ahead of the second day meeting between US President Donald Trump and Chinese President Xi Jinping in Beijing on Friday.
Fxstreet
Fri, May 15
Pound Sterling Breaks Down as Labour Turmoil Overshadows Stronger UK GDP Data
GBP/USD fell 0.9% on Thursday, breaking below 1.3500 in a sharp staircase decline from session highs to a low close to 1.3395. The move extended a multi-week downtrend from the early-March peak, with bearish momentum building through the European afternoon. The daily candle closed near session lows.Fxstreet
Fri, May 15
New Zealand Dollar slips to fresh session lows ahead of PMI and PPI releases
NZD/USD slipped 0.4% on Thursday, drifting lower through the session to close at fresh daily lows. The pair has been confined to a broad range in recent weeks, unable to retest the early-March peak near 0.6120.
Fxstreet
Thu, May 14
Australian Dollar slipped from four-year highs ahead of RBA minutes and China data
AUD/USD eased 0.5% on Thursday, pulling back from four-year highs as the session drifted steadily lower through the afternoon. The pair had been pressing against the 0.7280 area, the strongest territory since June 2022, and bullish momentum waned after the recent run higher.Fxstreet
Thu, May 14
Japanese Yen rallies amid strong US data and rising yields
The USD/JPY pair advances toward the 158.30 region on Friday, reaching its highest level in nearly two weeks as the United States (US) Dollar (USD) strengthens following resilient US economic data and rising Treasury yields.Fxstreet
Thu, May 14
Canadian Dollar pressured by renewed US Dollar strength despite elevated Oil prices
USD/CAD extends gains on Thursday, rising for a third consecutive day, supported by renewed demand for the US Dollar (USD) as traders assess ongoing geopolitical developments alongside the latest US economic data, which reinforced expectations of a more hawkish Federal Reserve (Fed) stance.Fxstreet
Thu, May 14
Swiss Franc dips as strong US data, hawkish Fed commentary support Dollar
USD/CHF advances toward 0.7830 on Thursday, gaining 0.15% on the day at the time of writing, supported by renewed demand for the US Dollar (USD) following a series of solid economic releases in the United States (US).Fxstreet
Thu, May 14
British Pound weakens as UK political turmoil and stronger US Dollar weigh
GBP/USD trades under pressure on Thursday, weighed down by a stronger US Dollar (USD) and rising political uncertainty in the United Kingdom. At the time of writing, the pair is trading around 1.3482, down nearly 0.30% and remaining on the back foot for a third consecutive day.Fxstreet
Thu, May 14
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