News
Important Only
China loosens gold import quotas with eye on arresting yuan rally
BEIJING/SHANGHAI, May 8 (Reuters) - China's central bank has approved foreign exchange purchases by some commercial banks to pay for gold imports under recently increased quotas, two people with direct knowledge of the matter said on Wednesday.The People's Bank of China's (PBOC) gold imp...Reuters
Thu, May 8
Pound little changed as US trade deal touted, BoE rate cut eyed
LONDON, May 8 (Reuters) - The British pound was steady on Thursday after a report said that U.S. President Donald Trump was set to announce a trade deal between the U.S. and Britain, with the market's focus turning to an expected rate cut from the Bank of England later in the day. Sterling GBP=...Reuters
Thu, May 8
FOREX-Sterling rises with Aussie as Trump moots 'major' trade deal
Trump says he will announce "first of many" deals at 1400 GMTNYT reports agreement will be with Britain, boosting poundTraders watching Sino-U.S. talks on Saturday in SwitzerlandDollar fights to hold onto Fed-inspired gains from WednesdayBy Kevin Buckland TOKYO, May 8 (Reuters) - The poun...Reuters
Thu, May 8
Sterling jumps with Aussie as Trump moots 'major' trade deal
TOKYO, May 8 (Reuters) - The pound jumped on Thursday, taking the Australian dollar with it, after U.S. President Donald Trump said he would announce "a major trade deal" later in the day, with the New York Times reporting it would be Britain.
NZD/USD trades higher near 0.5950 ahead of potential US-China trade talks
The NZD/USD pair is trading near 0.5970 during Thursday’s Asian session, rebounding after a more than 1% decline in the previous session. The recovery is driven by optimism surrounding potential de-escalation in US-China trade tensions.
Fxstreet
Thu, May 8
Toyota - See Fy2025/26 Global Group-Wide Retail Sales Of 11.2 Million Vehicles
May 8 (Reuters) - Toyota Motor Corp 7203.T:TOYOTA: SEE FY2025/26 GLOBAL GROUP-WIDE RETAIL SALES OF 11.2 MILLION VEHICLESTOYOTA: SEE FY2025/26 NORTH AMERICA SALES OF 2.94 MILLION VEHICLESTOYOTA: SEE FY2025/26 JAPAN SALES OF 2.07 MILLION VEHICLESTOYOTA: SEE FY2025/26 ASIA SALES OF 1.9 MILLION VEHICLES...Reuters
Thu, May 8
RPT-COLUMN-$1 trillion basis trade has barely barked, let alone bitten: McGeever
By Jamie McGeeverORLANDO, Florida, May 7 (Reuters) - Amid all the uncertainty surrounding U.S. growth, Federal Reserve policy, and the attractiveness of the dollar, the U.S. bond market is remarkably tranquil, calling into question long-held fears about the massive 'basis trade'.While Treasu...Reuters
Thu, May 8
Australia, NZ dollars bounce on hopes for progress in US tariff stalemate
By Wayne Cole SYDNEY, May 8 (Reuters) - The Australian and New Zealand dollars bounced on Thursday, as hopes for progress in U.S. trade talks globally helped offset a more hawkish outlook on U.S. interest rates that lifted the greenback overnight.Risk assets received a boost after President Donal...Reuters
Thu, May 8
FOREX-Dollar on front foot after Fed signals no rush to cut rates
Fed flags rising risks of higher inflation and unemploymentPowell says appropriate policy response "not at all clear"Investors watching Sino-U.S. talks on Saturday in SwitzerlandBy Kevin Buckland TOKYO, May 8 (Reuters) - The U.S. dollar held steady against the euro on Thursday following i...Reuters
Thu, May 8
Bank of England set to cut rates amid worries about Trump tariff fallout
BoE expected to cut rates by a quarter point to 4.25%First BoE forecasts since Trump's April 2 tariffs announcement Central bank seen lowering its inflation projectionsInvestors watching for signals of any change in rate cut paceBy William Schomberg LONDON, May 8 (Reuters) - The Bank of Engla...Reuters
Wed, May 7
EUR/USD continues to churn after cautious Fed disappoints markets
EUR/USD stuck to its middling ways on Wednesday, remaining entrenched near the 1.1300 handle after the Federal Reserve’s (Fed) latest rate call went about as well as traders expected, albeit with a fresh batch of “wait-and-see” warnings from Fed Chair Jerome Powell.Fxstreet
Wed, May 7
RPT-EXCLUSIVE-Ukraine considers shift from dollar to euro amid geopolitical realignments
Hryvnia was launched in 1996, and over the decades has used the dollar as the reference currency EU membership talks influence Ukraine's currency considerationsUkraine expects $55 billion in external financing for 2025, central bank chief Pyshnyi saysBy Karin Strohecker and Olena Harmash LOND...Reuters
Wed, May 7
EXCLUSIVE-Ukraine considers shift from dollar to euro amid geopolitical realignments
Hryvnia was launched in 1996, and over the decades has used the dollar as the reference currency EU membership talks influence Ukraine's currency considerationsUkraine expects $55 billion in external financing for 2025, central bank chief Pyshnyi saysBy Karin Strohecker, Olena Harmash LONDON,...Reuters
Wed, May 7
FOREX-Dollar retains strength against peers after Fed rate decision
Federal Reserve leaves interest rates unchangedDollar gains against yen and Swiss francEuro edges down versus the dollarPound sterling weakens ahead of BoE rate decisionBy Chibuike Oguh NEW YORK, May 7 (Reuters) - The U.S. dollar remained slightly stronger against major currencies including the y...Reuters
Wed, May 7
CANADA FX DEBT-Canadian dollar weakens as Fed signals patience on rate cuts
Canadian dollar falls 0.3% against the greenbackTrades in a range of 1.3764 to 1.3820Price of US oil settles 1.7% lowerBond yields ease across a flatter curveBy Fergal Smith TORONTO, May 7 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Wednesday as oil prices fell and in...Reuters
Wed, May 7
