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FOREX-Dollar drifts as US currency policy in focus; S.Korean won jumps
U.S.-South Korea talks stoke worries of long-term dollar weaknessUncertainty over various trade deals keep sentiment in checkU.S. retail sales data in focus for investorsBy Ankur Banerjee TOKYO, May 15 (Reuters) - The dollar weakened on Thursday in a turbulent week headlined by a U.S.-China tarif...
Reuters
Thu, May 15
USD/INR softens ahead of US Retail Sales, PPI releases
The Indian Rupee (INR) strengthens on Thursday. The de-escalation of a trade war between the United States (US) and China, along with the fall in Crude oil prices and the weakness of the US Dollar (USD), provides some support to the Indian currency.
Fxstreet
Thu, May 15
GBP/USD edges higher to near 1.3300, recovers due to weaker US Dollar
GBP/USD is rebounding from recent losses, trading near 1.3280 during the Asian session on Thursday. The pair is supported by a softer US Dollar (USD), as investors weigh ongoing trade-related uncertainties despite a slight easing in tensions.
GBP/USD
Fxstreet
Thu, May 15
India Morning Newsletter, May 15
To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-SubscriptionpageFor an index of our newsletters click on NEWSL
Reuters
Thu, May 15
Australian dollar lifted by jobs jump, rate cut still in play
By Wayne Cole SYDNEY, May 15 (Reuters) - The Australian dollar swung higher again on Thursday after a surprisingly strong reading on employment added to the case against rapid-fire rate cuts in coming months, though an easing is still widely expected for next week.Data showed 89,000 net new jobs ...
Reuters
Thu, May 15
NZD/USD gathers strength to near 0.5900 ahead of US Retail Sales, PPI data
The NZD/USD pair trades in positive territory near 0.5900 during the Asian trading hours on Thursday. The New Zealand Dollar (NZD) strengthens against the Greenback due to improved risk sentiment.
NZD/USD
Fxstreet
Thu, May 15
China's c.bank welcomes more panda bond issues from Latin American nations
BEIJING, May 15 (Reuters) - China's central bank governor welcomed more Latin American market players to issue sovereign bonds denominated in yuan, also known as panda bonds, in China, state media reported on Thursday."China and Latin America should promote financial cooperation in a wider r...
Reuters
Thu, May 15
Australian Dollar edges higher following employment data release
The Australian Dollar (AUD) edges higher against the US Dollar (USD) on Thursday after registering more than 0.50% losses in the previous session. The AUD/USD pair gained ground as easing global trade tensions boosted demand for risk-sensitive currencies like the Aussie Dollar.
AUD/USD
Fxstreet
Thu, May 15
PBOC sets USD/CNY reference rate at 7.1963 vs. 7.1956 previous
On Thursday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1963 as compared to the previous day's fix of 7.1956 and 7.2217 Reuters estimate.
USD/CNH
Fxstreet
Thu, May 15
FOREX-Dollar wavers on uncertainty over trade deals; S.Korean won in focus
Dollar index steady as uncertainty over various trade deals growsSouth Korea-U.S. trade talks drive won volatility U.S. retail sales data in focus for investorsBy Ankur BanerjeeTOKYO, May 15 (Reuters) - The dollar wobbled on Thursday in a turbulent week that saw investor relief at the U.S.-China ta...
Reuters
Thu, May 15
EUR/USD middles as markets wait for a reason to move
EUR/USD trimmed momentum sharply on Wednesday, sticking to a flat holding pattern near the 1.1200 handle despite an early pop in bids. European economic data has been largely a non-starter this week, as is typical.
EUR/USD
Fxstreet
Wed, May 14
GBP/JPY Price Forecast: Slides as bearish engulfing pattern signals a pullback looms
The GBP/JPY retreated on Wednesday, losing over 0.82% after hitting a weekly high of 196.39 earlier during the Asian session. As Thursday's Asian session begins, the GBP/JPY trades at 194.48 flat.
GBP/JPY
Fxstreet
Wed, May 14
USD/CAD edges lower below 1.4000 on softer US Dollar, eyes on US hard data
The USD/CAD pair loses ground to near 1.3975 during the early Asian session on Thursday, pressured by a weaker US Dollar (USD). The US Retail Sales and Producer Price Index (PPI) for April will be the highlights later on Thursday, along with the speech from the Fed’s Chair Jerome Powell.
USD/CAD
Fxstreet
Wed, May 14
GBP/USD contracts into near-term midrange ahead of key UK and US data
GBP/USD pared recent gains on Wednesday, trimming back to the low side of the 1.3300 handle and falling back into a choppy near-term consolidation phase as investors buckle down for Thursday’s double feature of key data prints from both the United Kingdom (UK) and the United States (US).
GBP/USD
Fxstreet
Wed, May 14
AUD/USD mixed technical signals amid fundamental headwinds
The AUD/USD pair is trading near the lower end of its daily range, reflecting a mixed technical outlook.
AUD/USD
Fxstreet
Wed, May 14
Unemployment rate in Australia expected to hold steady at 4.1% in April
The Australian Bureau of Statistics (ABS) will release the April monthly employment report at 01:30 GMT on Thursday. The country is expected to have added 20K new job positions, while the Unemployment Rate is projected to hold steady at 4.1%.
AUD/USD
Fxstreet
Wed, May 14
Mexican Peso hits 7-month high amid weak US Dollar, eyes on Banxico
The Mexican Peso (MXN) extended its gains on Wednesday, hitting a seven-month high against the US Dollar (USD) as the latter retreated somewhat amid an improvement in market sentiment fueled by the US-China trade truce. At the time of writing, USD/MXN trades at 19.39, down 0.98%.
USD/MXN
Fxstreet
Wed, May 14
NZD/JPY price analysis: Cross retreats near daily lows ahead of Asian session
The NZD/JPY cross is trading near the 86.50 zone on Wednesday, down approximately 1% as it approaches the lower end of its daily range ahead of the Asian session.
NZD/JPY
Fxstreet
Wed, May 14
Canadian Dollar eases back on data-light Wednesday
The Canadian Dollar (CAD) lost a little bit of ground against the US Dollar (USD) on Wednesday, paring away Tuesday’s limited gains and putting USD/CAD back in touch range of the 200-day Exponential Moving Average (EMA) as the Dollar-Loonie pairing struggles to find fresh momentum and slumps into lo
USD/CAD
Fxstreet
Wed, May 14
NZD/USD steadies near bottom of range as Dollar weakens on soft inflation and policy concerns
The NZD/USD pair is hovering near the 0.5900 level after giving back earlier gains in Wednesday trading. The pair remains under modest pressure but shows signs of stabilization as price action consolidates near the lower end of the daily range.
NZD/USD
Fxstreet
Wed, May 14
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