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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.
Fxstreet
Wed, May 14
CANADA FX DEBT-Canadian dollar weakens as interest rate spreads widen
Canadian dollar falls 0.3% against the greenbackTrades in a range of 1.3902 to 1.3984Price of U.S. oil settles 0.8% lowerCanada-U.S. 2-year spread widens to 145 basis pointsBy Fergal Smith TORONTO, May 14 (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Wednesday as oil...Reuters
Wed, May 14
Brazil eyes Chinese yuan-denominated sovereign bond issue, sources say
By Marcela Ayres BRASILIA, May 14 (Reuters) - Brazil is considering issuing its first-ever sovereign bonds in China, denominated in yuan, said two government sources with knowledge of the government's plans, noting that a final decision on the so-called panda bonds has not yet been made.The p...Reuters
Wed, May 14
FOREX-Dollar rebounds to edge higher, gains in Korea's won ease
Dollar down against won after US-Korea FX talks Fed officials cite need for more dataDollar reverses earlier declinesBy Chuck Mikolajczak NEW YORK, May 14 (Reuters) - The U.S. dollar edged higher on Wednesday, rebounding from earlier declines as investors await fresh signals that global trade bat...Reuters
Wed, May 14
EUR/USD price analysis: Euro steadies near 1.1200 as mixed signals persist
The EUR/USD pair traded near the 1.1200 zone on Wednesday after the European session, reflecting a cautiously bullish tone as the market approaches the Asian session. Price action remains within the middle of its daily range, indicating balanced sentiment despite a mixed technical backdrop.
Fxstreet
Wed, May 14
EXPLAINER-Syria's economy: The devastating impact of war and sanctions
By Karin Strohecker, Libby George and Marc Jones LONDON, May 14 (Reuters) - U.S. President Donald Trump has said he will lift long-standing sanctions on Syria that severed the country from the global financial system under toppled former President Bashar al-Assad. The European Union and Britain ...Reuters
Wed, May 14
RPT-EXCLUSIVE-ECB supervisors press banks on dollar funding over Trump concerns, sources say
EU supervisors step up demands to reduce liquidity risks, sources saySenior bankers assess unprecedented scenarios of Fed withholding dollars in emergencyRisks of Fed dollar freeze in crisis seen at 5% from 0% before, source saysBy Stefania Spezzati, Jesús Aguado, Lawrence White, Elisa Martinuzzi ...Reuters
Wed, May 14
CFTC commissioner to join Blockchain Association as CEO
By Hannah Lang May 14 (Reuters) - Summer Mersinger said on Wednesday she was resigning from the U.S. Commodity Futures Trading Commission, and a cryptocurrency lobby group announced it was making her its CEO. Mersinger, a Republican appointed to be a commissioner in 2022 by former Presid...Reuters
Wed, May 14
FOREX-Dollar falls for second straight session, Korea's won rises versus greenback
Dollar down against won after US-Korea FX talks Fed officials cite need for more dataDollar retreats for second straight sessionBy Chuck Mikolajczak NEW YORK, May 14 (Reuters) - The U.S. dollar fell on Wednesday, adding to a drop in the prior session after weaker-than-expected U.S. consumer infla...Reuters
Wed, May 14
GBP/USD slips modestly from weekly high as traders await UK GDP
The Pound Sterling erases some of its earlier gains on Wednesday after reaching a weekly high of 1.3359, edges down 0.03% amid a lack of catalyst, as traders brace for the release of GDP figures for the UK. At the time of writing, the GBP/USD trades at 1.3293.
Fxstreet
Wed, May 14
EUR/GBP rebounds as markets weigh inflation and policy outlook
The EUR/GBP exchange rate is staging a modest rebound on Wednesday, recovering from a week-long decline as investors respond to stable German inflation figures and cautious commentary from both the European Central Bank (ECB) and Bank of England (BoE) officials.
Fxstreet
Wed, May 14
CFTC commissioner to join Blockchain Association as CEO
May 14 (Reuters) - The Blockchain Association said on Wednesday that current Commodity Futures Trading Commission Commissioner Summer Mersinger will join the trade group as CEO in June as the cryptocurrency sector ramps up its push to overhaul digital asset policy. Sarah Milby, the Blockchain Associ...Reuters
Wed, May 14
