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AUD/USD surges to 0.6470 as soft US CPI and tariff truce lift sentiment
The Australian Dollar (AUD) is trading sharply higher against the US Dollar (USD) on Tuesday, with AUD/USD rising to 0.6470, up nearly 1.5% intraday, as a combination of improved global sentiment and softer US Consumer Price Index (CPI) data boosts demand for risk-sensitive currencies.
Fxstreet
Tue, May 13
EUR/USD Price Analysis: Euro climbs toward 1.1200 as bullish sentiment builds
The EUR/USD pair advanced on Tuesday, trading near the 1.1200 zone after the European session, reflecting a strong bullish tone as the market approaches the Asian session. Price action remains near the top of the daily range, suggesting that buyers maintain control despite mixed momentum readings.
Fxstreet
Tue, May 13
GBP/USD rebounds on soft CPI, boosting Fed cut bets
The Pound Sterling recovered from Monday’s losses and climbed over 0.35% against the Greenback after the latest inflation report in the United States (US) kept traders' hopes high for further easing by the Federal Reserve. The GBP/USD trades at 1.3226 after bouncing of a daily low of 1.3165.
Fxstreet
Tue, May 13
EUR/GBP under pressure as ECB–BoE policy gap widens ahead of key data
The Euro (EUR) remains under pressure against the British Pound (GBP) on Tuesday as diverging monetary policy expectations between the European Central Bank (ECB) and the Bank of England (BoE) continue to drive sentiment.
Fxstreet
Tue, May 13
FOREX-Dollar eases after cooler than expected CPI
US CPI slightly below estimatesTariffs still likely to impact inflationSeveral brokerages cut recession outlookBy Chuck Mikolajczak NEW YORK, May 13 (Reuters) - The dollar retreated on Tuesday, pulling back from sharp gains in the prior session after a reading on inflation was less than market ex...Reuters
Tue, May 13
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.1% lower at C$1.3982 to the greenback, or 71.52 U.S. cents, after trading in a range of 1.3959 to 1.4001.Canadian government 10-year bond yields CA10YT=RR ...Reuters
Tue, May 13
FOREX-Dollar retains gains, yuan higher after US-China trade pact
China's yuan climbs to six-month highDollar also at forefront of relief rallyYen, euro suffer steep lossesBy Rae Wee and Linda Pasquini SINGAPORE/GDANSK, May 13 (Reuters) - The dollar on Tuesday held most of the previous session's gains as the market stayed optimistic a tariff deal betwee...Reuters
Tue, May 13
CAD trading defensively as wider yield spreads remain a drag – Scotiabank
The Canadian Dollar (CAD) is entering Tuesday’s NA session with a marginal decline vs. the US Dollar (USD) as it continues to trade defensively in the aftermath of Monday’s broad-based USD rally, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Tue, May 13
AUD/USD jumps above 0.6400 as antipodeans outperform on US-China tariff pause
The AUD/USD pair climbs to near 0.6410 during European trading hours on Tuesday. The Aussie pair strengthens on the outperformance of antipodeans after the United States (US) and China averted the trade war after agreeing to lower import duties following a two-day meeting in Switzerland.Fxstreet
Tue, May 13
Mexican Peso strengthens on improved global risk sentiment ahead of US inflation data
The Mexican Peso (MXN) is trading higher against the US Dollar (USD) on Tuesday as a rebound in global risk sentiment supports emerging market currencies ahead of a key macroeconomic week. At the time of writing, USD/MXN is trading around 19.578, down 0.30% intraday.
Fxstreet
Tue, May 13
Sterling recovers some lost ground against the dollar
By Linda Pasquini May 13 (Reuters) - Sterling recovered some ground against the dollar on Tuesday after weakening in the previous session, when the United States and China said they had temporarily cut reciprocal tariffs following negotiations over the weekend.The U.S. and China have agreed to te...Reuters
Tue, May 13
Munich Re's Jurecka: Reinsurance still attractive with rates down less than 1% so far in 2025
By Rebecca DelaneyMay 13 - (The Insurer) - Munich Re CFO Christoph Jurecka said on Tuesday that risk-adjusted rate reductions had averaged less than 1% at this year's renewals to date.The reinsurer achieved 6.1% growth in its April 1 portfolio, which expanded its premium base to 2.8 billion euro...Reuters
Tue, May 13
Pound Sterling comes under pressure as UK labor market cools down
The Pound Sterling (GBP) trades with caution against its peers on Tuesday after the release of the United Kingdom (UK) labor market data for the three months ending March. The Office for National Statistics (ONS) reported that the ILO Unemployment Rate accelerated to 4.5%, as expected, from 4.4% ...Fxstreet
Tue, May 13
