News
Important Only
CANADA FX DEBT-Canadian dollar hits nearly 2-week high on reduced rate cut bets
Canadian dollar gains 0.6% against the greenbackTouches its strongest since May 8 at 1.3815Canada-US 2-year spread narrowsBy Fergal Smith TORONTO, May 21 (Reuters) - The Canadian dollar strengthened to a nearly two-week high against its U.S. counterpart on Wednesday as the greenback posted broad-...Reuters
Wed, May 21
Blackstone Taps Banks To Broaden Private-Wealth Business In Japan, Nikkei Says
May 21 (Reuters) - Nikkei:BLACKSTONE TAPS BANKS TO BROADEN PRIVATE-WEALTH BUSINESS IN JAPANBLACKSTONE PLANS TO ADD MORE SALES CHANNELS IN JAPAN FOR PRIVATE-ASSET FUNDS AIMED AT AFFLUENT INDIVIDUALSBLACKSTONE CONSIDERING SETTING UP A JAPAN-REGISTERED TRUST INVESTING IN YEN ASSETSA YEN FUND IS EXPECTE...Reuters
Wed, May 21
FOREX-US dollar skids on concerns about implications of Trump tax bill
Republican hardliners say bill not cutting spending enough Bessent to talk FX with Japan counterpart on G7 sidelines'Sell America' investment theme continues to weigh on dollarBy Amanda Cooper and Gertrude Chavez-Dreyfuss LONDON/NEW YORK, May 21 (Reuters) - The U.S. dollar fell for a thir...Reuters
Wed, May 21
GBP/USD soars to new yearly high as UK inflation surges, BoE rate cuts in doubt
The Pound Sterling rose to a new year-to-date (YTD) high of 1.3468 against the US Dollar on Wednesday as UK inflation rose, drifting away from the Bank of England's (BoE) 2% target, which had led to interest rate reductions earlier in the month.
Fxstreet
Wed, May 21
NZD/USD climbs as record US trade surplus boosts Kiwi confidence
The New Zealand Dollar (NZD) continues to strengthen against the US Dollar (USD) on Wednesday, with the release of a record trade surplus in April highlighting the largest monthly goods surplus on record with the United States.
Fxstreet
Wed, May 21
Bitcoin rises to new record high, eclipses January top
LONDON, May 21 (Reuters) - The price of Bitcoin BTC= rose to its highest level on record on Wednesday, eclipsing the previous high from January, as risk sentiment continues to improve after last month's tariff-induced sell-off. The world's largest cryptocurrency touched a high of $109,481.83...Reuters
Wed, May 21
South African rand near five-month high before Trump meeting
JOHANNESBURG, May 21 (Reuters) - The South African rand was steady on Wednesday, trading near a five-month high an hour before President Cyril Ramaphosa was set to meet U.S. President Donald Trump to try to improve relations.At 1440 GMT the rand traded at 17.9150 against the dollar ZAR=D3, near its ...Reuters
Wed, May 21
EUR/JPY ticks down to near 163.00, Russia-Ukraine truce talks in focus
The EUR/JPY pair edges down to near 162.90 during North American trading hours on Wednesday. The cross ticks lower as the Japanese Yen (JPY) outperforms across the board, with investors remaining increasingly confident that the Bank of Japan (BoJ) will raise interest rates again this year.
Fxstreet
Wed, May 21
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Wednesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.3% higher at C$1.3868 to the greenback, or 72.11 U.S. cents, after trading in a range of 1.3869 to 1.392.Canadian government 10-year bond yields CA10...Reuters
Wed, May 21
Loonie strengthens for third day as core inflation rises, US Dollar stumbles
The Canadian Dollar (CAD) strengthens further against the US Dollar (USD) on Wednesday, marking a three-day rally, with USD/CAD slipping below 1.3900 as markets digest stronger-than-expected Canadian inflation figures and a broadly subdued Greenback.Fxstreet
Wed, May 21
LSEG drops plan to add Cboe data to WMR FX benchmarks
By Marc JonesLONDON, May 21 (Reuters) - The London Stock Exchange Group's LSEG.L FTSE Russell unit has dropped plans to add Chicago Board Options Exchange owner Cboe CBOE.Z to the group of currency data providers used to calculate its WMR FX benchmarks after pushback from users.FTSE Russell prop...Reuters
Wed, May 21
JPY showing impressive gains vs. USD – Scotiabank
Japanese Yen (JPY) is entering Wednesday’s NA session with an impressive 0.4% gain vs. the US Dollar (USD), a mid-performer among the G10 in an environment of broad-based USD weakness, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Wed, May 21
GBP trades to fresh multi-year high – Scotiabank
Pound Sterling (GBP) is entering Wednesday’s NA session with a 0.1% gain again the US Dollar (USD) but losses against most of the remaining G10 currencies, trading erratically in response to the release of stronger than expected inflation data, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Wed, May 21
