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EUR/USD edges lower to mid-1.1300s; looks to US PCE Price Index for fresh impetus
The EUR/USD pair struggles to capitalize on the previous day's solid bounce from the 1.1200 neighborhood, or a one-and-a-half week low, and trades with a mild negative bias during the Asian session on Friday.
EUR/USD
Fxstreet
May 30, 2025
USD/INR trades with mild losses ahead of India GDP, US PCE releases
The Indian Rupee (INR) gains ground on Friday, snapping the three-day losing streak. The downbeat US economic data and concerns that a US court ruling would change the outlook for US tariffs undermine the US Dollar (USD).
Fxstreet
May 30, 2025
Japanese Yen bulls regain control as strong Tokyo CPI reaffirms BoJ rate hike bets
The Japanese Yen (JPY) attracts strong follow-through buying for the second straight day on Friday and recovers further from a two-week low touched against its American counterpart the previous day.
USD/JPY
Fxstreet
May 30, 2025
Australian Dollar remains subdued as monthly Retail Sales fall in April
The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Friday, retracing its recent gains from the previous session. The AUD/USD pair remains subdued following the release of disappointing economic data from Australia.
AUD/USD
Fxstreet
May 30, 2025
PBOC sets USD/CNY reference rate at 7.1848 vs. 7.1907 previous
On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1848 as compared to the previous day's fix of 7.1907 and 7.1859 Reuters estimate.
USD/CNH
Fxstreet
May 30, 2025
USD/CAD softens to near 1.3800 ahead of US PCE, Canadian GDP releases
The USD/CAD pair trades in a negative territory around 1.3810 during the early Asian session on Friday. The concerns that a US court ruling would change the outlook for US tariffs weigh on the Greenback.
USD/CAD
Fxstreet
May 30, 2025
AUD/USD gathers strength to near 0.6450 amid renewed tariff concerns
The AUD/USD pair gains ground to near 0.6445 during the early Asian session on Friday. The US Dollar (USD) edges lower against the Australian Dollar (AUD) due to the resurgence of trade uncertainty and disappointing US economic data.
AUD/USD
Fxstreet
May 30, 2025
Japanese life insurers cut protection against stronger Yen to fresh 14-year low - Bloomberg
Japanese life insurers cut protection for their foreign assets against a stronger Japanese Yen (JPY) to a fresh 14-year low, signaling subdued expectations of a sustained rally in the JPY, per Bloomberg.
USD/JPY
Fxstreet
May 29, 2025
GBP/USD recovers 1.35 ahead of key US inflation data
GBP/USD made a choppy relief rally on Thursday, jumping back into the 1.3500 handle as markets gear up for the latest batch of United States (US) Personal Consumption Expenditure Price Index (PCE) inflation figures due on Friday.
GBP/USD
Fxstreet
May 29, 2025
South Korea Industrial Output (YoY) above expectations (4.2%) in April: Actual (4.9%)
South Korea Industrial Output (YoY) above expectations (4.2%) in April: Actual (4.9%)
Fxstreet
May 29, 2025
South Korea Industrial Output Growth below expectations (0.5%) in April: Actual (-0.9%)
South Korea Industrial Output Growth below expectations (0.5%) in April: Actual (-0.9%)
Fxstreet
May 29, 2025
AUD/JPY Price Forecast: Struggles at 93.00 as bears gain steam
AUD/JPY loses some ground on Thursday ahead of the beginning of Friday’s Asian session, falls over 0.19%, below the 93.00 figure, yet retains its sideways bias as the cross pair remains above the Ichimoku Cloud (Kumo).
AUD/JPY
Fxstreet
May 29, 2025
EUR/JPY rises ahead of Japan’s CPI, German Retail Sales data
The Euro (EUR) is strengthening against the safe-haven Japanese Yen (JPY) on Thursday, ahead of Japan’s upcoming inflation data and Germany’s Retail Sales data. At the time of writing, the pair trades at 163.83, up 0.17% in the day.
EUR/JPY
Fxstreet
May 29, 2025
EUR/USD rebounds sharply as soft US jobs, GDP data sink US Dollar
The EUR/USD rallies after hitting a weekly low of 1.1210, edging up over 0.70% on Thursday as jobs economic data from the United States (US) came in softer, weakening the US Dollar, which is also undermined by falling US yields. At the time of writing, the pair trades at 1.1376.
EUR/USD
Fxstreet
May 29, 2025
Forex Today: Focus will be on US PCE, German CPI
The US Dollar (USD) traded on the back foot following quite a volatile day, weighed down by the resurgence of trade uncertainty along with disappointing data releases from the US labour market.
EUR/USD
US Dollar Index
Fxstreet
May 29, 2025
EUR/GBP spikes as markets cheer potential EU-US trade deal
The Euro (EUR) is trading higher against the Pound Sterling (GBP) on Thursday, buoyed by news that the European Union (EU) and the United States (US) are making progress in trade talks.
EUR/GBP
Fxstreet
May 29, 2025
Canadian Dollar gains ground on Thursday as tariff complexity deepens
The Canadian Dollar (CAD) found some room to the high side on Thursday, gaining ground against the Greenback as broad-market flows pull back from the US Dollar (USD).
USD/CAD
Fxstreet
May 29, 2025
NZD/USD aims to revisit 0.6000 as Trump’s tariff policy ban batters US Dollar
The NZD/USD pair advances to near 0.5990 during North American trading hours on Thursday after recovering initial losses.
NZD/USD
US Dollar Index
Fxstreet
May 29, 2025
USD/INR Price Forecast: US Dollar bulls battle for control at 85.41
The Indian Rupee (INR) is showing signs of stability against the US Dollar (USD) on Thursday, with the USD/INR pair trading near 85.41. This level reflects consolidation within a broader correction range following the volatile price action in May.
Fxstreet
May 29, 2025
Mexican Peso seesaws as US Dollar bulls return ahead of the release of Banxico Minutes
The Mexican Peso (MXN) swings between mild gains and losses against the US Dollar (USD) on Thursday as markets digest a court ruling that blocks US President Donald Trump from imposing tariffs on imports.
USD/MXN
Fxstreet
May 29, 2025
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