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NZD/USD rallies to near 0.5960 as New Zealand Dollar outperforms across the board
The NZD/USD pair surges almost 1% to near 0.5960 during European trading hours on Friday. The Kiwi pair soars as the New Zealand Dollar (NZD) outperforms its peers on stronger-than-projected New Zealand (NZ) Q1 Retail Sales data.
Fxstreet
Fri, May 23
AUD/USD: Likely to trade in a range between 0.6370 and 0.6480 – UOB Group
Australian Dollar (AUD) is under mild downward pressure; it could edge lower to 0.6395. In the longer run, outlook is mixed; AUD is likely to trade in a range between 0.6370 and 0.6480, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, May 23
AUD/USD Price Forecast: Sets for volatility expansion
The AUD/USD pair is up 0.8% around 0.6460 during European trading hours on Friday. The Aussie pair strengthens as antipodeans perform strongly, and escalating concerns over the United States (US) fiscal health continue to batter the US Dollar (USD).Fxstreet
Fri, May 23
EUR/USD gains as heightened concerns over US fiscal health hurt the US Dollar
EUR/USD resumes its upside journey on Friday after a corrective move the previous day. The major currency pair jumps to near 1.1350 during European trading hours as the US Dollar (USD) slumps after a short-lived recovery on Thursday.Fxstreet
Fri, May 23
FOREX-Dollar set to snap 4-week winning streak on US fiscal health worries
Safe-haven demand lifts euro, yen and swiss francDollar remains under pressure as fiscal outlook fears growTrump's tax bill heads to Senate Treasuries steady after a brutal selloff this weekBy Ankur Banerjee and Amanda Cooper SINGAPORE/LONDON, May 23 (Reuters) - The dollar headed for its ...Reuters
Fri, May 23
USD/CHF drops to near 0.8250 as US Dollar retraces gains due to growing debt concerns
USD/CHF retraces its recent gains registered in the previous session, trading around 0.8260 during the European hours on Friday. Meanwhile, the US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, is trading lower at around 99.60 near two-week lows.
Fxstreet
Fri, May 23
Pound Sterling strengthens against US Dollar on strong UK Retail Sales data
The Pound Sterling (GBP) revisits the three-year high against the US Dollar (USD), which it posted earlier this week around 1.3470, in European trading hours on Friday. The British currency strengthens after the release of stronger-than-projected United Kingdom (UK) Retail Sales data for April.
Fxstreet
Fri, May 23
EUR/GBP remains above 0.8400 following German GDP, UK Retail Sales data
EUR/GBP recovers its recent losses registered in the previous session, trading around 0.8410 during the Asian hours on Friday. The currency cross advances as the Euro (EUR) attracts buying support following Germany’s Gross Domestic Product (GDP) data for the first quarter, released by Destatis.
Fxstreet
Fri, May 23
EUR/JPY Price Forecast: Keeps bullish vibe above 162.00, further consolidation cannot be ruled out
The EUR/JPY cross edges lower to near 162.35 during the early European session on Friday. The Japanese Yen (JPY) strengthens against the Euro (EUR) due to rising expectations that the Bank of Japan (BoJ) will continue raising interest rates this year.
Fxstreet
Fri, May 23
RPT-ANALYSIS -Trump ambush a sideshow, as South African investors focus on coalition
Investors focus on coalition stability over U.S. politicsBudget agreement ends coalition strife, for nowFinance minister says tax shortfall would force cost cutsKeeping political unity while shoring up finances will be trickyBy Colleen Goko JOHANNESBURG, May 22 (Reuters) - For investors, the spec...Reuters
Fri, May 23
FOREX-Frail dollar set to snap 4-week winning streak on US fiscal health worries
Safe-haven demand lifts euro, yen and swiss francDollar remains under pressure as fiscal outlook fears growTrump's tax bill heads to Senate Treasuries steady after a brutal selloff this weekBy Ankur Banerjee SINGAPORE, May 23 (Reuters) - The U.S. dollar was weaker on Friday, poised to make it...Reuters
Fri, May 23
GBP/USD rebounds above 1.3450 toward 39-month highs, UK Retail Sales eyed
GBP/USD posts gains of about a quarter of a percent in the Asian hours on Friday, trading around 1.3450 at the time of writing. The pair edges higher as the Pound Sterling (GBP) attracts buyers after the GfK better-than-expected Consumer Confidence Index for the United Kingdom (UK) was released.Fxstreet
Fri, May 23
