News
Important Only
CANADA FX DEBT-Canadian dollar dips as greenback notches broad-based gains
Canadian dollar falls 0.2% against the greenbackExtends pullback from a seven-month highPrice of U.S. oil settles 1.6% higherCanada-U.S. 10-year spread widens 5.1 basis pointsBy Fergal SmithTORONTO, May 28 (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Wednesday as recen...Reuters
Wed, May 28
FOREX-Dollar gains on trade optimism, yen slips
Dollar gains for second day on trade optimismNvidia results may sway risk sentiment, dollar demandFed officials cite rising inflation, jobless risks in meeting minutesBy Karen Brettell NEW YORK, May 28 (Reuters) - The U.S. dollar was boosted for a second day on Wednesday on optimism that trade de...Reuters
Wed, May 28
Forex Today: US GDP, employment data and Fedspeak next on tap
The US Dollar (USD) maintained its bullish bias unchanged for the second day in a row on Wednesday amid steady optimism on the trade front, while a cautious tone from the FOMC Minutes also collaborated with the daily advance.
Fxstreet
Wed, May 28
EUR/USD slips below 1.13 as Fed turns cautious amid looming stagflationary risk
The EUR/USD retreats below 1.1300 during the North American session as the US Dollar (USD) remains bid ahead following the release of the latest Federal Reserve (Fed) meeting minutes. High US bond yields and a slightly sour mood have driven the Greenback higher against most G7 currencies.Fxstreet
Wed, May 28
AUD/USD declines for the third straight day, with focus on Fed Minutes
The Australian Dollar (AUD) is facing a notable decline against the US Dollar (USD) on Wednesday as markets process the latest inflation data from Australia and anticipate the Federal Reserve's (Fed) forthcoming decisions. At the time of writing, AUD/USD trades at 0.6421, down 0.33% in the day.
Fxstreet
Wed, May 28
USD/CAD edges higher ahead of FOMC Minutes, with the interest rate outlook in focus
The Canadian Dollar (CAD) is trading modestly lower against the US Dollar (USD) on Wednesday, with investors awaiting the release of the Federal Open Market Committee (FOMC) Meeting Minutes at 18:00 GMT.
Fxstreet
Wed, May 28
FOREX-Dollar gains on trade optimism, yen slips
Dollar gains for second day on trade optimismNvidia results may sway risk sentiment, dollar demandFed to release minutes from latest meeting on WednesdayBy Karen Brettell NEW YORK, May 28 (Reuters) - The U.S. dollar was boosted for a second day on Wednesday on optimism that trade deals will brigh...Reuters
Wed, May 28
Bulgaria likely to get EU Commission go-ahead to adopt euro from 2026, officials say
Commission set to approve Bulgaria adoption of euro for 2026 Bulgaria meets criteria, including inflation, budget gap limits Final euro conversion rate for Bulgarian lev to be set in July By Jan Strupczewski BRUSSELS, May 28 (Reuters) - The European Commission is likely to give Bulgaria the...Reuters
Wed, May 28
Bulgaria likely to get EU Commission go-ahead to adopt euro from 2026, officials say
By Jan Strupczewski BRUSSELS, May 28 (Reuters) - The European Commission is likely to give Bulgaria the green light on June 4 to adopt the euro currency from the start of 2026, several euro zone officials said, making Bulgaria the 21st country to join the single currency area. The Commission will...Reuters
Wed, May 28
EUR/JPY flattens around 163.40, investors seek fresh cues on US-EU trade talks
The EUR/JPY pair trades flat around 163.40 during North American trading hours on Wednesday. The cross consolidates as the Euro (EU) wobbles, with investors looking for fresh cues about the current status of trade talks between the United States (US) and the European Union (EU).
Fxstreet
Wed, May 28
INR gains modestly as USD/INR dips from 85.70, market eyes on US data
The Indian Rupee (INR) is showing a modest strength against the US Dollar (USD) during the North American session on Wednesday, recovering from early losses seen in Asian trading hours after USD/INR touched an intraday peak near 85.70.Fxstreet
Wed, May 28
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Wednesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.2% lower at C$1.3837 to the greenback, or 72.27 U.S. cents, after trading in a range of 1.3802 to 1.3839.Canadian government 10-year bond yields CA10YT=R...Reuters
Wed, May 28
USD/CHF steadies above 0.8250 as SNB Chairman flags concern over strong Swiss Franc and low inflation
The Swiss Franc (CHF) is moving sideways against the US Dollar (USD) on Wednesday, with the USD/CHF pair hovering near the previous day’s high after a solid almost 1% climb driven by renewed US Dollar strength.Fxstreet
Wed, May 28
FOREX-Yen shrugs off tepid bond demand, dollar firms on trade deal hopes
Japanese bond yields whipsawed in recent weeks US dollar seeing bouts of strength on upbeat economic dataDelay in higher tariffs on EU also supports dollarBy Ankur Banerjee, Johann M Cherian and Linda Pasquini SINGAPORE/GDANSK, May 28 (Reuters) - Japan's yen was steady on Wednesday as ruction...Reuters
Wed, May 28
