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GBP/USD drifts lower below 1.3450 ahead of US GDP release
The GBP/USD pair trades in negative territory around 1.3435 during the early European session on Thursday. The Greenback strengthens against the Pound Sterling (GBP) after the US trade court blocks US President Donald Trump's sweeping tariffs.
GBP/USD
Fxstreet
Thu, May 29
GBP/JPY Price Forecast: Sticks to strong intraday gains below 196.00 amid notable JPY weakness
The GBP/JPY cross prolonged its weekly uptrend for the fourth straight day on Thursday and climbed to the 196.30 area during the Asian session, back closer to a multi-month peak touched earlier this May.
GBP/JPY
Fxstreet
Thu, May 29
FOREX-Dollar rallies after Trump's tariffs face court roadblock
Dollar strengthens against safe haven peersAnalysts sceptical of long rally, wary of legal battle over tariffs Trade deals still in focusBy Rae Wee and Johann M Cherian SINGAPORE, May 29 (Reuters) - The U.S. dollar strengthened against major peers on Thursday after a court blocked President Donal...
Reuters
Thu, May 29
EUR/JPY holds gains near 164.00 as safe-haven demand for the Japanese Yen weakens
EUR/JPY has recovered its recent losses registered in the previous session, trading around 164.00 during the Asian hours on Thursday.
EUR/JPY
Fxstreet
Thu, May 29
NZD/USD attracts some sellers below 0.5950 as US court blocks Trump's reciprocal tariffs
The NZD/USD pair weakens to near 0.5935 during the early Asian trading hours on Thursday bolstered by a firmer US Dollar (USD). The renewed trade tensions between the United States (US) and China weigh on the China-proxy Kiwi.
NZD/USD
Fxstreet
Thu, May 29
Yuan slips to one-week low after US court blocks Trump's tariffs
SHANGHAI, May 29 (Reuters) - China's yuan fell to one-week low against the U.S. dollar on Thursday, tracking declines in other Asian currencies, after a court blocked President Donald Trump from imposing his "Liberation Day" import tariffs.The spot yuan CNY=CFXS slumped to 7.2109 per dol...
Reuters
Thu, May 29
South Korea delivers dovish cut ahead of snap election
BOK cuts base rate to 2.50% as widely expectedFour of seven board members see room for near-term cuts South Korea to elect new leader on June 3By Cynthia Kim and Jihoon Lee SEOUL, May 29 (Reuters) - South Korea's central bank cut interest rates for a fourth time in its current easing cycle on...
Reuters
Thu, May 29
INDIA RUPEE-US court ruling on tariffs lifts dollar, dragging rupee lower
By Nimesh Vora MUMBAI, May 29 (Reuters) - The Indian rupee is set to open weaker on Thursday, weighed by the dollar's strength after a U.S. court blocked President Donald Trump’s tariffs.The 1-month non-deliverable forward indicated the local currency would open in the 85.48-85.52 range, com...
Reuters
Thu, May 29
USD/CHF rallies to over one-week top, close to mid-0.8300s on the tariff-block news
The USD/CHF pair regains positive traction following the previous day's directionless price move and jumps to over a one-week high, around the 0.8345-0.8350 area during the Asian session Thursday.
USD/CHF
Fxstreet
Thu, May 29
EUR/USD drops below 1.1250 as US Dollar appreciates ahead of Q1 GDP Annualized
EUR/USD extends its losing streak for the third successive session, trading around 1.1240 during the Asian hours on Thursday.
EUR/USD
Fxstreet
Thu, May 29
India Morning Newsletter, May 29
To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-SubscriptionpageFor an index of our newsletters click on NEWSL
Reuters
Thu, May 29
Australia, New Zealand dollars fall as US court blocks Trump tariffs
SYDNEY, May 29 (Reuters) - The Australian and New Zealand dollars fell on Thursday after a U.S. court blocked President Donald Trump's sweeping import tariffs from going into effect, sending the U.S dollar sharply higher. The Aussie AUD=D3 slipped 0.2% to $0.6413, down for a fourth straight sess...
Reuters
Thu, May 29
Japanese Yen dives to nearly two-week low against USD on tariff news
The Japanese Yen (JPY) attracts heavy selling during the Asian session on Thursday in reaction to the news that a US federal court blocked President Donald Trump's "Liberation Day" tariffs from going into effect.
USD/JPY
Fxstreet
Thu, May 29
FOREX-Dollar surges after US court blocks Trump's tariffs
Dollar firms strongly against safe havens Analysts sceptical of long rally, wary of legal battle over tariffs Trade deals still in focusBy Rae Wee and Johann M Cherian SINGAPORE, May 29 (Reuters) - The U.S. dollar rallied on Thursday in knee-jerk reaction to a court blocking President Donald Trum...
Reuters
Thu, May 29
USD/INR holds steady as US trade court blocks Trump's 'Liberation Day' tariffs
The Indian Rupee (INR) flat lines on Thursday. The month-end US Dollar (USD) demand and the headline surrounding the US court blocking US President Donald Trump's tariffs provide some support to the US Dollar (USD) and weigh on the Indian currency.
Fxstreet
Thu, May 29
Australian Dollar holds losses following disappointing Private Capital Expenditure data
The Australian Dollar (AUD) remains subdued for the fourth successive session on Thursday, following disappointing Private Capital Expenditure data for the first quarter.
AUD/USD
Fxstreet
Thu, May 29
PBOC sets USD/CNY reference rate at 7.1907 vs. 7.1894 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1907 as compared to the previous day's fix of 7.1894 and 7.2033 Reuters estimate.
USD/CNH
Fxstreet
Thu, May 29
South Korea BoK Interest Rate Decision in line with forecasts (2.5%)
South Korea BoK Interest Rate Decision in line with forecasts (2.5%)
Fxstreet
Thu, May 29
FOREX-Dollar rallies after US court blocks Trump's tariffs
SINGAPORE, May 29 (Reuters) - The U.S. dollar rallied sharply on Thursday after a court blocked President Donald Trump from imposing his so-called Liberation Day import tariffs, with the currency surging against the euro, yen and Swiss franc in particular.The Manhattan-based Court of International T...
Reuters
Thu, May 29
USD/CAD strengthens above 1.3800 ahead of US GDP release
The USD/CAD pair edges higher to near 1.3835 during the early Asian session on Thursday, bolstered by a stronger US Dollar (USD).
USD/CAD
Fxstreet
Wed, May 28
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