News
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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 dataInvestors fret about fiscal health of major economies By Ankur Banerjee, Johann M Cherian and Linda Pasquini SINGAPORE/GDANSK, May 28 (Reuters) - Japan's yen was steady on Wednesday as ruc...Reuters
Wed, May 28
GBP/JPY Price Forecast: Sees more upside above 196.50
The GBP/JPY pair corrects to near 194.50 during European trading hours on Wednesday after refreshing an almost two-week high around 195.60 the previous day. The pair faces selling pressure as the Pound Sterling (GBP) underperforms after a strong run-up in the past few trading days.
Fxstreet
Wed, May 28
Risks to financial stability in Sweden have increased, Riksbank says
STOCKHOLM, May 28 (Reuters) - Risks to financial stability in Sweden have increased as a result of U.S. President Donald Trump's tariffs and the administration's foreign policy agenda, the central bank said on Wednesday."The sharp shifts in U.S. trade and security policy have caused subs...Reuters
Wed, May 28
EUR/GBP holds below 0.8400 ahead of German employment data
The EUR/GBP cross trades with mild gains around 0.8390 during the early European session on Wednesday. The Euro (EUR) strengthens against the Pound Sterling (GBP) amid the de-escalation of trade tensions between the European Union (EU) and the United States (US).
Fxstreet
Wed, May 28
EUR/JPY Price Forecast: Breaks below 163.50, support appears near nine-day EMA
EUR/JPY halts its two-day winning streak, trading around 163.30 during the Asian hours on Wednesday. The weakening of a bullish bias appears as the currency cross remains slightly below the lower boundary of the ascending channel, as suggested by the technical analysis of the daily chart.
Fxstreet
Wed, May 28
Yen shrugs off tepid bond demand, dollar firms on trade deal hopes
SINGAPORE, May 28 (Reuters) - The Japanese yen was steady on Wednesday as ructions in the bond market kept the spotlight on the fiscal health of major economies, while the U.S. dollar was firm due to upbeat economic data and signs of easing trade tensions.
Reuters
Wed, May 28
NZD/USD surges above 0.5950 after RBNZ’s policy decision, FOMC Minutes awaited
NZD/USD recovers its recent losses from the previous session, trading around 0.5970 during the Asian hours on Wednesday. The pair appreciates as the New Zealand Dollar (NZD) gains ground following the Reserve Bank of New Zealand's (RBNZ) interest rate decision.
Fxstreet
Wed, May 28
GBP/USD Price Forecast: Keeps bullish vibe, first upside target emerges above 1.3550
The GBP/USD pair attracts some sellers to around 1.3480 during the Asian trading hours on Wednesday. The Greenback strengthens against the Pound Sterling (GBP) on the economic signs in the United States (US).Fxstreet
Wed, May 28
New Zealand dollar up as RBNZ signals near done on rate cuts
By Wayne Cole SYDNEY, May 28 (Reuters) - The New Zealand dollar bounced on Wednesday after the country's central bank cut interest rates as expected but signalled it might be nearer to an end on easing than some in the market had hoped for.The Reserve Bank of New Zealand trimmed its cash rate...Reuters
Wed, May 28
