News
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Sterling rises after UK GDP growth beats forecast in March
May 15 (Reuters) - The pound briefly extended gains against the U.S. dollar on Thursday after data showed the British economy grew faster than expected in March.Official figures showed the UK economy grew 0.2% in March from February, compared to a flat reading of 0.0% expected by economists polled b...Reuters
Thu, May 15
FOREX-Dollar slips as South Korean won jumps, US currency policy in focus
U.S.-South Korea talks stoke worries of long-term dollar weaknessUncertainty over various trade deals keeps sentiment in checkU.S. retail sales data in focus for investorsBy Ankur Banerjee TOKYO, May 15 (Reuters) - The U.S. dollar weakened on Thursday in tandem with a surge in the South Korean wo...Reuters
Thu, May 15
UK economy beats forecast to grow by 0.2% in March, ONS says
LONDON, May 15 (Reuters) - Britain's economy grew by a better-than-expected 0.2% in March from February, official figures showed on Thursday.Economists polled by Reuters had mostly expected a flat reading of 0.0%.In the first quarter of 2025, gross domestic product grew by 0.7%, the Office for N...Reuters
Thu, May 15
GBP/JPY Price Forecast: Remains under selling pressure below 194.00, bullish bias prevails
The GBP/JPY cross remains under some selling pressure around 193.85 during the early European session on Thursday. The Japanese Yen (JPY) edges higher against the Pound Sterling (GBP) amid the prospect that the Bank of Japan (BoJ) will hike rates again.
Fxstreet
Thu, May 15
Japanese Yen seems poised to appreciate further amid hawkish BoJ expectations
The Japanese Yen (JPY) trades with a positive bias against its American counterpart for the third straight day on Thursday and for now, seems to have stalled the previous day's late pullback from the weekly high.
Fxstreet
Thu, May 15
USD/CAD Price Forecast: Remains below 1.4000 confluence hurdle ahead of US PPI, Fed's Powell
The USD/CAD pair struggles to capitalize on the previous day's goodish rebound from the 1.3900 mark and attracts fresh sellers during the Asian session on Thursday. Spot prices, however, lack bearish conviction and currently trade around the 1.3865 area, down less than 0.10% for the day.
Fxstreet
Thu, May 15
EUR/USD treads water near 1.1200 in Asian trading ahead of key Eurozone GDP data
EUR/USD remains firm around 1.1200 during Thursday’s Asian session, recovering daily losses as the Euro (EUR) gains traction ahead of the preliminary Eurozone Gross Domestic Product (GDP) report for Q1 2025, due later in the day.Fxstreet
Thu, May 15
FOREX-Dollar drifts as US currency policy in focus; S.Korean won jumps
U.S.-South Korea talks stoke worries of long-term dollar weaknessUncertainty over various trade deals keep sentiment in checkU.S. retail sales data in focus for investorsBy Ankur Banerjee TOKYO, May 15 (Reuters) - The dollar weakened on Thursday in a turbulent week headlined by a U.S.-China tarif...Reuters
Thu, May 15
USD/INR softens ahead of US Retail Sales, PPI releases
The Indian Rupee (INR) strengthens on Thursday. The de-escalation of a trade war between the United States (US) and China, along with the fall in Crude oil prices and the weakness of the US Dollar (USD), provides some support to the Indian currency.Fxstreet
Thu, May 15
GBP/USD edges higher to near 1.3300, recovers due to weaker US Dollar
GBP/USD is rebounding from recent losses, trading near 1.3280 during the Asian session on Thursday. The pair is supported by a softer US Dollar (USD), as investors weigh ongoing trade-related uncertainties despite a slight easing in tensions.
Fxstreet
Thu, May 15
Australian dollar lifted by jobs jump, rate cut still in play
By Wayne Cole SYDNEY, May 15 (Reuters) - The Australian dollar swung higher again on Thursday after a surprisingly strong reading on employment added to the case against rapid-fire rate cuts in coming months, though an easing is still widely expected for next week.Data showed 89,000 net new jobs ...Reuters
Thu, May 15
China's c.bank welcomes more panda bond issues from Latin American nations
BEIJING, May 15 (Reuters) - China's central bank governor welcomed more Latin American market players to issue sovereign bonds denominated in yuan, also known as panda bonds, in China, state media reported on Thursday."China and Latin America should promote financial cooperation in a wider r...Reuters
Thu, May 15
Australian Dollar edges higher following employment data release
The Australian Dollar (AUD) edges higher against the US Dollar (USD) on Thursday after registering more than 0.50% losses in the previous session. The AUD/USD pair gained ground as easing global trade tensions boosted demand for risk-sensitive currencies like the Aussie Dollar.
Fxstreet
Thu, May 15
FOREX-Dollar wavers on uncertainty over trade deals; S.Korean won in focus
Dollar index steady as uncertainty over various trade deals growsSouth Korea-U.S. trade talks drive won volatility U.S. retail sales data in focus for investorsBy Ankur BanerjeeTOKYO, May 15 (Reuters) - The dollar wobbled on Thursday in a turbulent week that saw investor relief at the U.S.-China ta...Reuters
Thu, May 15
