News
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Silver Price Forecast: XAG/USD hovers near $32.30 as USD extends losses
Silver price registers modest gains of 0.20% on Monday as US Treasury bond yields edge lower and the US dollar loses ground, as depicted by the US Dollar Index (DXY). The XAG/USD trades at $32.33 after bouncing off daily lows of $32.24.
Fxstreet
Mon, May 19
AUD/USD rebounds as US Dollar weakens on credit downgrade
The AUD/USD pair is trading around 0.6450 on Monday, extending its recovery from recent lows as the US Dollar (USD) faces renewed selling pressure following Moody's decision to downgrade the United States' long-term sovereign rating from AAA to AA1.
Fxstreet
Mon, May 19
NZD/JPY Price Analysis: Cross holds gains near 85.90 amid mixed momentum
The NZD/JPY pair is trading near the 85.90 zone on Monday, reflecting minor gains as the market approaches the Asian session. Despite the recent upside, the broader technical picture remains mixed, with conflicting signals across both short-term and long-term indicators, keeping traders cautious.
Fxstreet
Mon, May 19
Mexican Peso surges as US Dollar gets battered on Moody’s news
The Mexican Peso (MXN) advanced by 0.60% against the US Dollar (USD) on Monday, as investors shifted away from the Greenback amid Moody’s International rating agency's review of the US government's debt prospects. USD/MXN trades at 19.32 after hitting a daily high of 19.48.
Fxstreet
Mon, May 19
FOREX-Dollar softens on US ratings downgrade; trade tensions back on radar
Dollar dips to more than one-week low vs yen, euro, Swiss francUS trade tensions simmer, FT reports thaw with EUBessent warns nations not negotiating 'in good faith'UK-EU defense and trade ties 'reset'By Gertrude Chavez-Dreyfuss NEW YORK, May 19 (Reuters) - The U.S. dollar decline...Reuters
Mon, May 19
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Monday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.1% higher at C$1.3957 to the greenback, or 71.65 U.S. cents, after trading in a range of 1.3918 to 1.3975.Canadian government 10-year bond yields CA10YT...Reuters
Mon, May 19
SNB's Schlegel warns high market uncertainty 'poison' for growth
By John RevillLUCERNE, Switzerland, May 19 (Reuters) - Financial market uncertainty is currently "very high", which is "poison" for economic growth, Swiss National Bank chairman Martin Schlegel said on Monday.Speaking in the central city of Lucerne, Schlegel said the outlook for Swis...Reuters
Mon, May 19
USD/CHF drops as US credit downgrade weighs on sentiment
The USD/CHF pair is trading 0.5% lower around 0.8330 during North American trading hours on Monday, reflecting a sharp drop in US Dollar sentiment after Moody's downgraded the United States' long-term credit rating from AAA to AA1.
Fxstreet
Mon, May 19
EUR/USD Price Analysis: Pair holds firm near 1.13 after sharp rise
The EUR/USD pair is trading near the 1.13 zone on Monday, reflecting a strong intraday recovery as the market gains momentum after the European session. Despite the sharp upside move, the broader technical outlook presents a mixed picture, with conflicting signals across different timeframes.
Fxstreet
Mon, May 19
GBP/JPY halts three-day losing streak, rises to 193.60 as UK–EU reset lifts sentiment
GBP/JPY is trading modestly higher near 193.60 on Monday, snapping a three-day losing streak. The pair experienced some volatility early in the session, briefly falling to a low of 192.78 before paring losses.
Fxstreet
Mon, May 19
EUR/CHF Price Analysis: Pair holds near 0.94 amid mixed momentum signals
The EUR/CHF pair is trading near the 0.94 zone on Monday, reflecting minor gains as the market stabilizes within its recent range. Despite the modest upside, the pair remains constrained by a broadly neutral technical outlook, with mixed signals across multiple timeframes.
Fxstreet
Mon, May 19
GBP/USD rallies as Moody’s cut US credit rating, UK-EU "reset" relations
The Pound Sterling posted solid gains on Monday as the Greenback gets battered due to Moody’s lowering US debt rating to Aa1, a headwind for the US Dollar. At the time of writing, the GBP/USD trades at 1.3360, up 0.71%.
Fxstreet
Mon, May 19
EUR/JPY snaps three-day losing streak, edges higher as Eurozone inflation holds steady
EUR/JPY trades modestly higher near 163.20 on Monday, snapping a three-day losing streak, as investors digest steady Eurozone inflation data, flexible policy signals from the Bank of Japan (BoJ), and fresh geopolitical developments ahead of key economic releases.
Fxstreet
Mon, May 19
FOREX-Dollar retreats on US ratings downgrade; trade tensions persist
Dollar dips to more than one-week low vs yen, euro, Swiss francUS trade tensions simmer, FT reports thaw with EUBessent warns nations not negotiating 'in good faith'UK-EU defense and trade ties 'reset'By Lucy Raitano and Gertrude Chavez-Dreyfuss LONDON/NEW YORK, May 19 (Reuters) -...Reuters
Mon, May 19
USD/CHF declines to near 0.8330 as US Dollar underperforms across the board
The USD/CHF pair trades 0.5% lower to near 0.8330 during North American trading hours on Monday. The Swiss Franc pair weakens as the US Dollar (USD) faces a sharp selling pressure due to erosion in the United States (US) Sovereign Credit Rating.Fxstreet
Mon, May 19
NZD/USD recovers above 0.5900 as traders weigh US downgrade, mixed New Zealand data
The New Zealand Dollar (NZD) is recovering firmly above the 0.5900 mark agains the US Dollar (USD) on Monday, last seen trading around 0.5910, up nearly 0.50% on the day. The NZD/USD pair draws support from broad US Dollar weakness following Moody’s downgrade of the US credit rating.Fxstreet
Mon, May 19
