News
Important Only
EUR/JPY retreats from highs as Trump tariff threat tempers trade optimism
The EUR/JPY pair is trading lower on Friday, weighed down by renewed US–China trade tensions, mixed economic data out of Japan, and cautious investor positioning ahead of a scheduled speech by European Central Bank (ECB) Executive Board member Isabel Schnabel.
Fxstreet
Fri, May 9
Brazil's Haddad says US showed openness to tariff talks
SAO PAULO, May 9 (Reuters) - Brazil's Finance Minister Fernando Haddad said on Friday that U.S. Treasury Secretary Scott Bessent signaled there is room for tariff negotiations with countries with which the United States runs a trade surplus.Speaking to reporters about his meeting with Bessent, w...Reuters
Fri, May 9
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Friday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.1% higher at C$1.3914 to the greenback, or 71.87 U.S. cents, after trading in a range of 1.3909 to 1.3942.Canadian government 10-year bond yields CA10YT...Reuters
Fri, May 9
S&P Global raises fears of Romania rating cut to junk category
S&P rates Romania BBB-, outlook negativePolitical turmoil and uncertainty are risks to fiscal consolidationSecond round of presidential election on May 18Fitch likely to cut Romania rating in August, BofA economists sayBy Gergely Szakacs and Marc Jones BUDAPEST/LONDON, May 9 (Reuters) - Ratin...Reuters
Fri, May 9
FOREX-Dollar gets a weekly boost ahead of US-China trade talks
Dollar up on trade deal prospects, analyst saysEuro, sterling, kiwi dollar and yen hit multi-week lowsAll eyes on US-China talks in GenevaBy Tom Westbrook and Amanda Cooper SINGAPORE/LONDON, May 9 (Reuters) - The dollar headed for a weekly gain versus most major currencies on Friday, after a U.S....Reuters
Fri, May 9
After currency turmoil, Taiwan's central bank warns banks to follow forex rules
TAIPEI, May 9 (Reuters) - Taiwan's central bank said on Friday that banks should follow foreign exchange settlement rules, after the Taiwan dollar TWD=TP notably strengthened last week and earlier this week.The Taiwan dollar on Monday and last Friday appreciated strongly against the greenback on...Reuters
Fri, May 9
Sterling claws higher after US/UK trade deal
Sterling rises as optimism grows over tradeEuro set for biggest four-week loss versus pound since 2022Analysts say US/UK trade deal lacks detail, but supports sentimentBoE cut rates on Thursday, policymakers split on votingBy Amanda Cooper LONDON, May 9 (Reuters) - The pound rose on Friday, follo...Reuters
Fri, May 9
Bank of England's Bailey says global environment likely to stay challenging
LONDON, May 9 (Reuters) - Global economic conditions are likely to continue to be more challenging and less predictable than in previous decades, increasing difficulties for central bank forecasters, Bank of England Governor Andrew Bailey said on Friday."We need no reminder that the global econo...Reuters
Fri, May 9
FOREX-Dollar gets a weekly boost ahead of US-China trade talks
Dollar up on trade deal prospects, analyst saysEuro, sterling, kiwi and yen hit multi-week lowsAll eyes on U.S.-China talks in GenevaBy Tom Westbrook and Amanda Cooper SINGAPORE/LONDON, May 9 (Reuters) - The dollar headed for a weekly gain on most major currencies on Friday, after a U.S.-UK trade...Reuters
Fri, May 9
AUD/JPY drops to near 93.00 as Japanese Yen rises following personal spending data
AUD/JPY retreats from its recent gains during European trading hours on Friday, hovering near the 93.10 level. The Japanese Yen (JPY) is strengthening, supported by domestic data showing a stronger-than-expected rise in personal spending for March—an encouraging sign for consumption.
Fxstreet
Fri, May 9
USD/CHF slips to near 0.8300 as US yields fall, focus on US-China trade talks
USD/CHF edged lower during Asian trading on Friday, hovering around 0.8310 after posting gains in the previous two sessions. The pair came under pressure as the US Dollar (USD) softened, weighed down as US Treasury yields declined.
Fxstreet
Fri, May 9
FOREX-Dollar eyes weekly rise into US-China trade talks
Dollar up on trade deal prospects, analyst saysEuro, sterling, kiwi and yen hit multi-week lowsAll eyes on U.S.-China talks in Geneva SINGAPORE, May 9 (Reuters) - The dollar headed for a weekly gain on most major peers on Friday as a U.S.-UK trade deal raised hopes of progress in looming U.S.-Chi...Reuters
Fri, May 9
RPT-COLUMN-Europe braces for Transatlantic capital reverse: Mike Dolan
By Mike DolanLONDON, May 8 (Reuters) - Europe may be better prepared to absorb a seismic shift in global investment flows than many assume, as a number of regulatory twists are set to bolster euro market depth.U.S. President Donald Trump's unilateral redrawing of world trade rules is raising the...Reuters
Fri, May 9
EUR/USD rebounds above 1.1200, downside remains due to improved US Dollar
The EUR/USD pair trimmed daily losses and is trading around 1.1230 during Friday's Asian session. The pair depreciated as the US Dollar (USD) found support from upbeat US economic data and signs of easing trade tensions.
Fxstreet
Fri, May 9
Australia, New Zealand currencies set for weekly loss as dollar makes comeback
SYDNEY, May 9 (Reuters) - The Australian and New Zealand dollars are set for a weekly loss on Friday as a hawkish outlook on U.S. interest rates lifted the battered greenback, though the direction of travel will now rest on progress in looming Sino-U.S. trade talks at the weekend.The Aussie AUD=D3 e...Reuters
Fri, May 9
Iron ore rangebound as investors weigh Sino-US trade talks, slow demand
BEIJING, May 9 (Reuters) - Iron ore futures traded in a tight range on Friday as investors weighed prospects of easing Sino-U.S. trade tensions against seasonally weak demand from top consumer China. The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv...Reuters
Fri, May 9
