News
Important Only
Eyecare company Alcon's shares plunge on revised 2025 outlook
By Anastasiia Kozlova May 14 (Reuters) - Swiss eye care group Alcon's ALCC.S, ALC.N shares fell sharply on Wednesday after the company revised its 2025 outlook to reflect the impact of U.S. tariffs and as it reported first-quarter results below estimates.Late on Tuesday, Alcon raised its 2025...Reuters
Wed, May 14
EUR/INR today: Indian Rupee cross rates edge higher at the start of the European session
Indian Rupee (INR) crosses trade on the front foot at the beginning of Wednesday, according to FXStreet data. The Euro (EUR) to the Indian Rupee changes hands at 95.49, with the EUR/INR pair rising from its previous close at 95.41.Fxstreet
Wed, May 14
Inter-dealer broker TP ICAP posts record quarter as tariffs fuel revenue surge
May 14 (Reuters) - British inter-dealer broker TP ICAP TCAPI.L reported its best-ever quarter on Wednesday, with first-quarter revenue rising 10%, driven by heightened market volatility stemming from U.S. tariffs. Global markets have fluctuated since U.S. President Donald Trump announced his trad...Reuters
Wed, May 14
EUR/JPY Price Forecast: Bullish outlook remains in play near 164.50
The EUR/JPY cross attracts some sellers to around 164.40 during the early European session on Wednesday. The Japanese Yen (JPY) strengthens against the Euro (EUR) amid the prospects for further policy normalization by the Bank of Japan (BoJ).
Fxstreet
Wed, May 14
FOREX-Dollar steadies with trade talks in frame after sliding on muted US inflation
Cooler-than-expected CPI backs case for Fed to resume rate cutsMarkets watching developments in China trade talksDollar down about 3% since Trump's 'Liberation Day' tariffsBy Kevin Buckland TOKYO, May 14 (Reuters) - The U.S. dollar steadied on Wednesday following its biggest decline i...Reuters
Wed, May 14
AUD/JPY trades with modest losses above 95.00, remains close to two-month top set on Tuesday
The AUD/JPY cross attracts some sellers during the Asian session on Wednesday, and for now, it seems to have snapped a two-day winning streak to the 95.65 area, or a nearly two-month high touched the previous day.
Fxstreet
Wed, May 14
USD/CHF breaks below 0.8400, downside appears limited due to dovish SNB policy outlook
The USD/CHF pair continues to lose ground for the second consecutive day, trading near 0.8390 during Wednesday’s Asian session. Downside risks appear limited, as growing expectations of further monetary easing by the Swiss National Bank (SNB) weaken the Swiss Franc (CHF).
Fxstreet
Wed, May 14
NZD/USD advances to near 0.5950 as US Dollar weakens on soft inflation data
The NZD/USD pair advanced for the second consecutive session, hovering around 0.5940 during Wednesday’s Asian trading hours. The pair strengthened as the US Dollar (USD) came under pressure following softer-than-expected US inflation figures.
Fxstreet
Wed, May 14
Brazil seeks currency alternatives for trade without fighting dollar, says Lula
SAO PAULO, May 13 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Tuesday during a visit to China that Brazil does not want to fight the U.S dollar, but rather finding a solution that would allow trade without depending on a single currency. "What we want, actually, is create ...Reuters
Wed, May 14
Australia, New Zealand dollars maintain strong gains as global economy outlook brightens
By Stella Qiu SYDNEY, May 14 (Reuters) - The Australian and New Zealand dollars basked in the glow of robust overnight gains on Wednesday, as the U.S. and China de-escalated tariff tensions, brightening the outlook for the global economy and sparking a rebound in commodity prices.A pullback in th...Reuters
Wed, May 14
