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FOREX-Dollar pinned lower on fiscal worries, bitcoin extends record rally
US fiscal concerns hurt dollar, support safe-haven yen Bitcoin hits record high as investors seek dollar alternativesTrump bill could add $3.8 trillion to debt over next decade.By Kevin Buckland and Samuel Indyk TOKYO/LONDON, May 22 (Reuters) - U.S. fiscal concerns and a tepid auction of Treasury...Reuters
Thu, May 22
Eurozone Preliminary Manufacturing PMI rises to 49.4 in May vs. 49.3 expected
The Eurozone manufacturing sector remained in contraction, while services sector also followed suit in May, according to data from the HCOB's latest Purchasing Managers' Index (PMI) Survey, published on Thursday.Fxstreet
Thu, May 22
US says it agreed with Japan that dollar-yen reflects fundamentals
BANFF, Alberta, May 21 (Reuters) - U.S. Treasury Secretary Scott Bessent and Japanese Finance Minister Katsunobu Kato agreed on Wednesday that the dollar-yen exchange rate currently reflects fundamentals, the U.S. Treasury Department said, a rare and explicit statement on the market situation.
Reuters
Thu, May 22
USD/CHF extends downside to near 0.8250, US PMI data in focus
The USD/CHF pair extends the decline to around 0.8250 during the early European session on Thursday. The Greenback weakens against the Swiss Franc (CHF) due to US fiscal concerns. Traders will take more cues from the advanced US S&P Purchasing Managers Index (PMI) for May.
Fxstreet
Thu, May 22
FOREX-Dollar swoons on fiscal worries, bitcoin extends record rally
US fiscal concerns hurt dollar, support safe-haven yen Bitcoin hits record high as investors seek dollar alternativesTrump bill could add $3.8 trillion to debt over next decade.By Kevin Buckland TOKYO, May 22 (Reuters) - U.S. fiscal concerns and a tepid auction of Treasury bonds pushed the dollar...Reuters
Thu, May 22
EUR/JPY Price Forecast: Keeps bullish vibe, first upside target emerges above 163.00
The EUR/JPY cross attracts some sellers to around 162.35 during the early European session on Thursday. The Japanese Yen (JPY) weakens against the Euro (EUR) amid the growing speculation that the Bank of Japan (BoJ) will hike interest rates again this year.
Fxstreet
Thu, May 22
Asia FX gains for three straight days, Sri Lanka cuts interest rates
May 22 (Reuters) - Emerging Asian currencies strengthened for a third consecutive session on Thursday, buoyed by weakness in the U.S. dollar, while regional equity markets were subdued due to concerns over the deteriorating U.S. fiscal outlook.Reuters
Thu, May 22
