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NZD/USD holds positive ground near 0.5900 as New Zealand Retail Sales beat expectations
The NZD/USD pair posts modest gains near 0.5900 during the early Asian session onn Thursday. The upbeat New Zealand Retail Sales data provide some support to the Kiwi against the US Dollar (USD).
Fxstreet
May 23, 2025
USD/CAD posts modest gains to near 1.3850 on upbeat US PMI data
The USD/CAD pair trades with mild gains around 1.3855, snapping the four-day losing streak during the early Asian session on Friday. The US Dollar (USD) edges higher against the Canadian Dollar (CAD) due to the stronger-than-expected Purchasing Managers Index (PMI) data.
Fxstreet
May 22, 2025
GBP/JPY Price Forecast: Holds steady above 193.00 as the pair bottoms
The GBP/JPY registers modest gains as Friday’s Asian session begins, carrying on an upbeat mood as the pair gained over 0.23% on Thursday, bottoming at around the 192.00 area. At the time of writing, the cross-pair trades at 193.14 virtually unchanged.
Fxstreet
May 22, 2025
USD/JPY Price Forecast: Rebounds towards 144.00 after seven-day slide
The USD/JPY snapped seven straight days of losses and climbed over 0.20% on Thursday late during the North American session. The Yen’s recent depreciation despite falling US Treasury yields and amid the lack of a catalyst could be attributed to traders booking profits ahead of the weekend.
Fxstreet
May 22, 2025
EUR/USD slides below 1.13 as strong US data undermines Eurozone PMIs
EUR/USD tumbled below 1.1300 on Thursday as economic data from the United States (US) fared better than expected compared to Eurozone Flash Purchasing Managers Index (PMI) figures for May. At the time of writing, EUR/USD trades at 1.1271, down by 0.55%.
Fxstreet
May 22, 2025
EU Economic Commissioner Dombrovskis: G7 ministers discussed further EU energy sanctions on Russia
The Group of 7 (G7) finance leaders wrapped up its most recent summit on Thursday, with EU Economic Commissioner Valdis Dombrovskis characterizing the talks as “positive and successful,” particularly in advancing support for Ukraine and addressing global economic imbalances.Fxstreet
May 22, 2025
GBP/USD holds above 1.3400 as US PMI strength offsets fiscal worries
The British Pound (GBP) is navigating choppy price action against the US Dollar (USD) on Thursday, holding above the 1.3400 psychological mark to trade near 1.3410 during the American session, as traders digest the latest business activity data from both sides of the Atlantic.Fxstreet
May 22, 2025
NZD/USD Price Forecast: Slides to near 0.5900
The NZD/USD pair falls to near the round level of 0.5900 during North American trading hours on Thursday. The Kiwi pair slumps after the release of the stronger-than-projected United States (US) Purchasing Managers’ Index (PMI) data for May.
Fxstreet
May 22, 2025
EUR/GBP pulls back as Eurozone business activity contracts, UK services gain momentum
The EUR/GBP cross edges lower on Thursday, retreating after a three-day rally to trade near 0.8420 at the start of the American session as investors digest a mixed batch of economic data from both sides.
Fxstreet
May 22, 2025
GBP trading well despite deeply contractionary mfg PMI – Scotiabank
Pound Sterling (GBP) is down 0.2% against the US Dollar (USD) and a mid-performer among the G10, trading relatively well despite a generally disappointing preliminary PMI release, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
May 22, 2025
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