News
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USD/CAD slides to 1.3825 area, back closer to two-week low on weaker USD
The USD/CAD pair attracts fresh sellers following the previous day's brief pause and slides to the 1.3825 area during the Asian session on Friday. Spot prices remain close to a two-week low touched on Wednesday and seem vulnerable to weaken further amid a broadly weaker US Dollar (USD).
Fxstreet
Fri, May 23
Australia, New Zealand dollars gain but face stiff chart resistance
SYDNEY, May 23 (Reuters) - The Australian and New Zealand dollars gained on Friday as an overnight bounce in the U.S. currency faded, but they still face some heavy resistance levels that have kept them mostly range-bound. The Aussie AUD=D3 rose 0.4% to $0.6437, recouping all its overnight l...Reuters
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 selloffBy Ankur Banerjee SINGAPORE, May 23 (Reuters) - The U.S. dollar was soft on Friday, poised to make its first week...Reuters
Fri, May 23
NZD/USD holds positive ground near 0.5900 as New Zealand Retail Sales beat expectations
The NZD/USD pair posts modest gains near 0.5900 during the early Asian session onn Thursday. The upbeat New Zealand Retail Sales data provide some support to the Kiwi against the US Dollar (USD).
Fxstreet
Fri, May 23
BOJ vigilant on markets as super-long yields soar
Super-long JGB yields soared to all-time highs this weekUeda says high uncertainties to stay over tariff falloutJapan finmin says G7 touched upon fiscal healthBy Makiko Yamazaki BANFF, Alberta, May 22 (Reuters) - Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will closely mon...Reuters
Fri, May 23
USD/CAD posts modest gains to near 1.3850 on upbeat US PMI data
The USD/CAD pair trades with mild gains around 1.3855, snapping the four-day losing streak during the early Asian session on Friday. The US Dollar (USD) edges higher against the Canadian Dollar (CAD) due to the stronger-than-expected Purchasing Managers Index (PMI) data.Fxstreet
Thu, May 22
GBP/JPY Price Forecast: Holds steady above 193.00 as the pair bottoms
The GBP/JPY registers modest gains as Friday’s Asian session begins, carrying on an upbeat mood as the pair gained over 0.23% on Thursday, bottoming at around the 192.00 area. At the time of writing, the cross-pair trades at 193.14 virtually unchanged.
Fxstreet
Thu, May 22
FOREX-US dollar gains, sentiment still frayed; euro falters
US house passes Trump tax billTrump bill could add $3.8 trillion to debt over next decadeEuro drops on soft dataUS jobless claims suggest stable labor market so farBitcoin hits record high By Gertrude Chavez-Dreyfuss NEW YORK, May 22 (Reuters) - The U.S. dollar advanced on Thursday after three da...Reuters
Thu, May 22
USD/JPY Price Forecast: Rebounds towards 144.00 after seven-day slide
The USD/JPY snapped seven straight days of losses and climbed over 0.20% on Thursday late during the North American session. The Yen’s recent depreciation despite falling US Treasury yields and amid the lack of a catalyst could be attributed to traders booking profits ahead of the weekend.Fxstreet
Thu, May 22
CANADA FX DEBT-Canadian dollar steadies ahead of retail sales data
Loonie trades in a range of 1.3847 to 1.3889Price of U.S. oil settles 0.6% lowerBond yields ease across the curveBy Fergal Smith TORONTO, May 22 (Reuters) - The Canadian dollar steadied against its U.S. counterpart on Thursday as the greenback notched broad-based gains and ahead of domestic retai...Reuters
Thu, May 22
