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FOREX-Dollar slips ahead of retail sales data as China-US trade optimism wanes
Spate of US data including retail sales due at 1230 GMTUS-South Korea talks stoke worries of dollar weaknessUncertainty over trade deals keeps sentiment in checkUS retail sales data in focus for investorsBy Medha Singh and Ankur Banerjee TOKYO, May 15 (Reuters) - The U.S. dollar lost its footing ...Reuters
Thu, May 15
Hyperscale Data To Resume Montana Bitcoin Mining Operations During June 2025
May 15 (Reuters) - Hyperscale Data Inc GPUS.A:HYPERSCALE DATA TO RESUME MONTANA BITCOIN MINING OPERATIONS DURING JUNE 2025HYPERSCALE DATA INC - SENTINUM TO OPERATE 2,600 ANTIMINERS, FULL CAPACITY BY JULY 2025Reuters
Thu, May 15
Sterling rises after upbeat UK GDP data
By Medha Singh May 15 (Reuters) - The pound climbed against the U.S. dollar on Thursday after data showed the British economy grew faster than expected, further making the case for fewer interest rate cuts from the Bank of England.Sterling rose 0.2% to $1.327 GBP=D3 against a sluggish dollar as e...Reuters
Thu, May 15
USD/JPY: Expected to consolidate in a range of 144.50/148.50 – UOB Group
USD is likely to trade in a sideways range of 145.70/147.50. In the longer run, upward momentum has dissipated; USD is expected to consolidate in a range of 144.50/148.50 for now, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, May 15
AUD/USD: Likely to trade in a lower range of 0.6400/0.6465 – UOB Group
A slight increase in downward momentum is likely to lead to a lower range of 0.6400/0.6465 instead of a sustained decline. In the longer run, to continue to rise, Australian Dollar (AUD) must break and hold above 0.6515, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, May 15
Merck KGaA cautious on 2025 profit on currency effects, tariff uncertainty
By Ludwig Burger FRANKFURT, May 15 (Reuters) - German pharmaceutical and specialty materials group Merck KGaA MRCG.DE on Thursday guided more cautiously for 2025 earnings, citing foreign-exchange effects and uncertainty over tariffs. Earnings before interest, tax, depreciation and amortisation...Reuters
Thu, May 15
GBP/USD: Likely to trade in a range between 1.3220 and 1.3320 – UOB Group
Current price action is non-trending; Pound Sterling (GBP) is likely to trade in a range between 1.3220 and 1.3320. In the longer run, buildup in momentum has faded; GBP is likely to trade in a 1.3140/1.3405 range, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, May 15
