News
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CORRECTED-Bank of Mexico lowers key interest rate to 8.5%
MEXICO CITY, May 15 (Reuters) - The Bank of Mexico lowered its benchmark interest rate by 50 basis points to 8.50% on Thursday, as inflation remains within the bank's target range, saying it could continue cutting by a similar magnitude at future monetary policy meetings.The decision by the cent...Reuters
Thu, May 15
CANADA FX DEBT-Canadian dollar gains as investors eye Fed easing prospects
Canadian dollar gains 0.1% against the greenbackTrades in a range of 1.3960 to 1.4004Price of U.S. oil settles 2.4% lowerBond yields ease across the curveBy Fergal Smith TORONTO, May 15 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Thursday as U.S. economic data fue...Reuters
Thu, May 15
FOREX-US dollar dips as retail sales growth slows
Retail sales growth slowsInitial jobless claims indicate stable labor marketPPI shows surprise dropBy Chuck Mikolajczak NEW YORK, May 15 (Reuters) - The U.S. dollar slipped on Thursday after a flurry of economic data, including a gauge of consumer health that showed retail spending slowed in Apri...Reuters
Thu, May 15
GBP/USD rises towards 1.3300 as UK economy grows above forecasts
The Pound Sterling extended its gains against the US Dollar, driven by a positive reading of economic growth in the UK and softer-than-expected data in the US, which fueled speculation of a slower economic outlook. At the time of writing, the GBP/USD trades at 1.3293, up 0.31%.
Fxstreet
Thu, May 15
EUR/USD price analysis: Euro steadies near 1.1200 amid mixed technical signals
The EUR/USD pair maintained a steady tone near the 1.1200 zone on Thursday, reflecting a cautiously bullish stance after the European session. Price action remains within the middle of its recent range, indicating balanced sentiment despite mixed short-term signals.
Fxstreet
Thu, May 15
EUR/CHF price analysis: Cross maintains bearish tone near daily lows on Thursday
The EUR/CHF cross is trading around the 0.9400 zone on Thursday, maintaining a bearish tone as it approaches the lower end of its daily range. The cross remains under pressure as traders assess a mix of technical signals, suggesting further downside risk despite some short-term bullish momentum.Fxstreet
Thu, May 15
FOREX-US dollar dips as retail sales growth slows in April
Retail sales growth slowsInitial jobless claims indicate stable labor marketPPI shows surprise dropBy Chuck Mikolajczak NEW YORK, May 15 (Reuters) - The U.S. dollar fell against the majority of its peers on Thursday after a flurry of economic data, including a gauge of consumer health that showed...Reuters
Thu, May 15
USD/CAD edges up to near 1.4000 even as US Dollar underperforms
The USD/CAD pair ticks up to near the psychological level of 1.4000 during North American trading hours on Thursday. The Loonie pair trades higher despite the US Dollar (USD) trading lower following the release of the United States (US) Producer Price Index (PPI) data for April.Fxstreet
Thu, May 15
