News
Important Only
Argentex secures fresh credit facility and revamps board as trading resumes
LONDON, May 6 (Reuters) - Argentex Group AGFX.L will resume trading on London's AIM on Tuesday after securing an initial six month 20 million pounds ($26.57 million) revolving credit facility with IFX Payments, the UK currency risk manager said in a statement.Argentex's shares have been susp...Reuters
Tue, May 6
China's yuan jumps to 1-1/2-month high as carry trades unwind
SHANGHAI, May 6 (Reuters) - China's yuan advanced to a 1-1/2-month high against the dollar on Tuesday, underpinned by an unwinding of carry trades and a broader rush out of U.S. assets into Asia.The onshore yuan CNY=CFXS rose to a high of 7.2203 per dollar at one point, its strongest level since...
Reuters
Tue, May 6
FOREX-Dollar under pressure as Asian counterparts charge higher
Taiwan dollar steadies after surging at start of weekHong Kong buys $7.8 billion to maintain currency pegInvestors still selling U.S. dollarsBy Rae Wee SINGAPORE, May 6 (Reuters) - The dollar struggled to make headway on Tuesday as an unprecedented two-day surge in its Taiwanese counterpart spill...Reuters
Tue, May 6
China's yuan jumps to 1-1/2 month high on hopes of thaw in Sino-US trade war
SHANGHAI, May 6 (Reuters) - China's yuan leapt to a 1-1/2-month high against the dollar on Tuesday, the first trading session after the holiday, underpinned by investor hopes of a trade deal between the world's two largest economies. The offshore counterpart CNH=D3, which remained open durin...Reuters
Tue, May 6
Australia, New Zealand currencies slip from recent highs as Taiwan dollar steadies
SYDNEY, May 6 (Reuters) - The Australian and New Zealand currencies slipped from their recent highs on Tuesday as a relentless rise in the Taiwanese dollar took a breather, with traders shifting their focus to the U.S. monetary policy meeting a day later. The Aussie AUD=D3 eased 0.3% to $0.6448, hav...Reuters
Tue, May 6
China's yuan jumps to 1-1/2 month high on hopes of thaw in Sino-US trade war
SHANGHAI, May 6 (Reuters) - China's yuan leapt to a 1-1/2-month high against the dollar on Tuesday, the first trading session after the holiday, underpinned by investor hopes of a trade deal between the world's two largest economies. The offshore counterpart, which remained open during the l...Reuters
Tue, May 6
FOREX-Dollar restrained by surge in Asian counterparts
Taiwan dollar steadies after surging at start of weekHong Kong buys $7.8 billion to maintain currency pegInvestors wary of U.S. dollar's safe-haven statusBy Rae Wee SINGAPORE, May 6 (Reuters) - The dollar struggled to make headway on Tuesday as an unprecedented two-day surge in its Taiwanese ...Reuters
Tue, May 6
US Dollar Index approaches 100 as Taiwan Dollar surge triggers spillover, Bessent words
The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, posted mild gains on Monday as the Taiwan Dollar surged over 5%. The move sparked a broader rally in Asian currencies amid speculation of FX conversions by exporters.Fxstreet
Tue, May 6
RPT-COLUMN-Wall Street's 'fever dream' could end in cold sweats: McGeever
By Jamie McGeeverORLANDO, Florida, May 5 (Reuters) - Wall Street's recent rebound from its April lows suggests equity investors are pricing in a benign outlook for the U.S. economy, which contrast starkly with the more ominous signals coming from the oil, gold and fixed income markets. Is this j...Reuters
Tue, May 6
CORRECTED-FOREX-Dollar slides against peers, weighed down by fresh tariff worries
Dollar hits fresh record low against Taiwan dollarDollar trims losses slightly against yen after ISM dataFed seen on hold this week, less chance of June cut Euro, sterling gain ahead of central bank meetingsBy Chibuike Oguh NEW YORK, May 5 (Reuters) - The U.S. dollar weakened against major cu...Reuters
Tue, May 6
GBP/JPY Price Analysis: Pound holds steady near 191.00 amid mixed technical landscape
The GBP/JPY pair showed marginal movement on Monday, holding near the 191.00 zone following the European session. Price action remained flat within a narrow range, reflecting uncertainty in direction as momentum indicators deliver conflicting signals.
Fxstreet
Mon, May 5
EUR/JPY Price Analysis: Euro pulls back near 163.00 but bullish trend remains intact
The EUR/JPY pair slipped lower on Monday, falling toward the 163.00 zone as the session closed and ahead of the Asian open. Despite the day’s decline, the broader setup remains constructive, with the pair still holding above critical trendline supports.
Fxstreet
Mon, May 5
CANADA FX DEBT-Canadian dollar steadies ahead of Carney-Trump talks
Loonie trades in a range of 1.3787 to 1.3829Canada's services economy shrinks for fifth straight monthPrice of oil settles nearly 2% lowerCanada-U.S. 10-year spread increases by 2.8 basis pointsBy Fergal Smith TORONTO, May 5 (Reuters) - The Canadian dollar was barely changed against its U.S. ...Reuters
Mon, May 5
UBS Says Credit Suisse Services Resolves Tax Matter With DOJ, Will Pay $511 Mln
May 5 (Reuters) - UBS Group AG UBSG.S:UBS- CREDIT SUISSE SERVICES AG RESOLVES TAX MATTER WITH DOJ, WILL PAY USD 511MUBS- UBS WAS NOT INVOLVED IN THE UNDERLYING CONDUCT AND HAS ZERO TOLERANCE FOR TAX EVASIONUBS- IN Q2 OF 2025, CO EXPECTS TO RECOGNIZE CREDIT FROM PARTIAL RELEASE OF THE CONTINGENT LIAB...Reuters
Mon, May 5
FOREX-Dollar weakens against major currencies as markets weigh tariff uncertainty
Dollar hits fresh record low against Taiwan dollarDollar trims losses slightly against yen after ISM dataFed seen on hold this week, less chance of June cut Euro, sterling gain ahead of central bank meetingsBy Chibuike Oguh NEW YORK, May 5 (Reuters) - The U.S. dollar was mostly lower against majo...Reuters
Mon, May 5
EUR/CAD Price Analysis: Euro edges higher near 1.5600 as longer-term bias holds firm
The EUR/CAD pair ticked higher on Monday, trading around the 1.5600 area after the European session. While price action remained within the middle of the daily range, the pair showed signs of underlying strength, aligning with a broader bullish structure.
Fxstreet
Mon, May 5
