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NZD/USD surges above 0.5950 after RBNZ’s policy decision, FOMC Minutes awaited
NZD/USD recovers its recent losses from the previous session, trading around 0.5970 during the Asian hours on Wednesday. The pair appreciates as the New Zealand Dollar (NZD) gains ground following the Reserve Bank of New Zealand's (RBNZ) interest rate decision.
NZD/USD
Fxstreet
May 28, 2025
GBP/USD Price Forecast: Keeps bullish vibe, first upside target emerges above 1.3550
The GBP/USD pair attracts some sellers to around 1.3480 during the Asian trading hours on Wednesday. The Greenback strengthens against the Pound Sterling (GBP) on the economic signs in the United States (US).
GBP/USD
Fxstreet
May 28, 2025
EUR/USD falls to near 1.1300 as bond market optimism offsets impact of US-EU easing
EUR/USD continues its losses for the second successive day, trading around 1.1310 during the Asian hours on Wednesday.
EUR/USD
Fxstreet
May 28, 2025
Japanese Yen drops to over one-week low against USD; downside seems limited
The Japanese Yen (JPY) slides to a one-week low against its American counterpart during the Asian session on Wednesday, though the intraday downtick lacks follow-through.
USD/JPY
Fxstreet
May 28, 2025
NZD/USD holds positive ground above 0.5950 after RBNZ cuts rate to 3.25%
The NZD/USD pair gains ground to around 0.5965 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) edges higher against the US dollar (USD) after the Reserve Bank of New Zealand (RBNZ) interest rate decision.
NZD/USD
Fxstreet
May 28, 2025
A U.S.-EU Currency War? The “Global Euro Moment” Rises as the Weak Dollar Endures
TradingKey - Although tensions in the U.S.-EU tariff war have eased, the era of U.S. exceptionalism continues to fade, with the U.S. dollar weakening in response to President Donald Trump’s aggressive tariff hikes and expansionary fiscal policies.
EUR/USD
TradingKey
May 28, 2025
Australian Dollar weakens despite steady Monthly Consumer Price Index
The Australian Dollar (AUD) extends its losses against the US Dollar (USD) on Wednesday for the third successive session. The AUD/USD pair loses ground after the release of the Monthly Consumer Price Index (CPI).
AUD/USD
Fxstreet
May 28, 2025
USD/INR weakens ahead of FOMC Minutes
The Indian Rupee (INR) strengthens on Wednesday. Concerns over US trade and fiscal policies undermine the US Dollar (USD). Additionally, a decline in Crude oil prices provides some support to the Indian currency, as India is the world's third-largest oil consumer.
Fxstreet
May 28, 2025
AUD/NZD slides back closer to 1.0800 after RBNZ’s widely expected 25 bps rate cut
The AUD/NZD cross attracts some dip-buying near the 1.0815 area during the Asian session on Wednesday, though it lacks follow-through.
AUD/NZD
Fxstreet
May 28, 2025
PBOC sets USD/CNY reference rate at 7.1894 vs. 7.1876 previous
On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1894 as compared to the previous day's fix of 7.1876 and 7.1996 Reuters estimate.
USD/CNH
Fxstreet
May 28, 2025
Canadian Dollar snaps six-day win streak as markets pare Loonie bets
The Canadian Dollar (CAD) lost ground against the US Dollar (USD) on Tuesday, snapping a six-session winning streak for the Loonie and pushing USD/CAD back above 1.3750 as trade headlines dominate the market cycle.
USD/CAD
Fxstreet
May 28, 2025
GBP/USD: Poised to buckle under the weight of its own success?
GBP/USD pared recent gains on Tuesday, snapping a six-day win streak and knocking price action away from the 1.3600 handle after the pair tapped fresh multi-year highs this week.
GBP/USD
Fxstreet
May 27, 2025
USD/CAD rebounds above 1.3800, FOMC Minutes in focus
The USD/CAD pair posts modest gains near 1.3805 during the early Asian session on Wednesday. The US Dollar (USD) strengthens against the Canadian Dollar (CAD) after the stronger US Consumer Confidence data. The attention is shifted to the FOMC Minutes, which are due later on Wednesday.
USD/CAD
Fxstreet
May 27, 2025
NZD/JPY Price Forecast: Climbs higher but bulls struggle to clear 86.00 resistance
NZD/JPY extended its rally for the third consecutive day on Tuesday, rose a slim 0.17%, but failed to clear key resistance seen at the Kijun-Sen at 85.92 to challenge the 86.00 figure. As Wednesday’s Asian session begins, the cross-pair trades at 85.81 virtually unchanged.
NZD/JPY
Fxstreet
May 27, 2025
AUD/JPY extends winning streak toward 93.00 as risk sentiment dents Yen appeal
The Australian Dollar (AUD) strengthens against the Japanese Yen (JPY), extending modest gains for the third consecutive day. At the time of writing, the AUD/JPY cross is pushing higher to trade near 93.00 during the late American sessions on Tuesday, up nearly 1% on the day.
AUD/JPY
Fxstreet
May 27, 2025
EUR/USD slips below 1.1400 amid strong US data and soft French inflation
The EUR/USD pair retreats below 1.1400 for the second consecutive day, driven by a recovery in the US Dollar (USD) following an upbeat Consumer Confidence report. Additionally, soft inflation data in France undermined the shared currency, which trades on Tuesday at 1.1335, down over 0.40%.
EUR/USD
Fxstreet
May 27, 2025
Forex Today: Investors shift their attention to the FOMC Minutes
The US Dollar (USD) regained composure and managed to leave behind two daily retracements in a row on turnaround Tuesday, as US investors returned to their desks following Monday’s Memorial Day holiday.
EUR/USD
US Dollar Index
Fxstreet
May 27, 2025
AUD/USD retreats ahead of Australia’s CPI release, US FOMC Minutes
The Australian Dollar (AUD) is facing renewed pressure against the US Dollar (USD) on Tuesday as the Greenback rebounds across the board following mixed US economic data and a resurgence in market liquidity.
AUD/USD
Fxstreet
May 27, 2025
NZD/USD slips below 0.5950 as markets await RBNZ rate decision, Fed minutes
The New Zealand Dollar (NZD) is losing ground against the US Dollar (USD) on Tuesday, slipping back after a failed attempt to break above the key 0.6000 level.
NZD/USD
Fxstreet
May 27, 2025
GBP/USD eases from three-year high as US Dollar steadies on trade hopes
The British Pound (GBP) edges lower against the US Dollar, retreating from a three-year high, with the GBP/USD pair trading around 1.3510 during the American session on Tuesday.
GBP/USD
US Dollar Index
Fxstreet
May 27, 2025
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