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EUR/GBP remains above 0.8400 following UK Jobs data, ZEW Economic Sentiment Surveys eyed
EUR/GBP halts its six-day losing streak, trading around 0.8420 during the early European hours on Tuesday. The currency cross holds ground following the release of mixed employment data from the United Kingdom (UK).
Fxstreet
Tue, May 13
Fund managers most underweight on US dollar since 2006, BofA says
LONDON, May 13 (Reuters) - Global asset managers held their biggest underweight position in the dollar in 19 years in May, as President Donald Trump's chaotic trade policy cut investor appetite for U.S. assets, Bank of America's global fund manager survey (FMS) showed on Tuesday. The...Reuters
Tue, May 13
Honda - See Fy2025/26 Global Sales Of 3.62 Million Cars
May 13 (Reuters) - Honda Motor Co Ltd 7267.T:HONDA ASSUMES AVERAGE DOLLAR RATE OF 135 YEN IN FY2025/26HONDA: SEE FY2025/26 GLOBAL SALES OF 3.62 MILLION CARSHONDA: SEE FY2025/26 N.AMERICA SALES OF 1.68 MILLION CARSHONDA: SEE FY2025/26 ASIA SALES OF 1.09 MILLION CARSSource text: [ID:]Reuters
Tue, May 13
UK wages grew by 5.6% in the first three months of 2025
LONDON, May 13 (Reuters) - British average weekly earnings, excluding bonuses, rose by 5.6% in the first three months of 2025 compared with the same period last year, the Office for National Statistics said on Tuesday.A Reuters poll of economists had pointed to regular wage growth of 5.7%.The Bank o...Reuters
Tue, May 13
COLUMN-'Tariff Laffer Curve' reins in trade agenda: Mike Dolan
By Mike Dolan LONDON, May 13 (Reuters) - An irony about the ludicrously steep import tariffs U.S. President Donald Trump imposed on China last month is that they made no sense as taxes - at least if you believe one of the canons of Republican tax policy.The rapid reduction of those bilateral impo...Reuters
Tue, May 13
FOREX-Dollar holds gains, yuan jumps from US-China trade pact
Dollar clings to most of its gainsChina's yuan climbs to six-month highYen, euro nursing steep lossesBy Rae Wee SINGAPORE, May 13 (Reuters) - The dollar retreated slightly on Tuesday but held most of its gains on lingering optimism over a tariff deal between the United States and China, which...Reuters
Tue, May 13
USD/CHF drops below 0.8450 as US Dollar struggles ahead of inflation data
USD/CHF retreats after posting more than 2% gains in the previous session, trading around 0.8430 during the Asian hours on Tuesday. The pullback comes as the US Dollar (USD) softens, possibly due to a technical correction.
Fxstreet
Tue, May 13
GBP/USD jumps to near 1.3200 ahead of UK employment, US CPI releases
The GBP/USD pair climbs to near 1.3195 during the early European session on Tuesday. The Pound Sterling (GBP) edges higher against the Greenback due to positive developments surrounding the US and the UK trade agreement last week.
Fxstreet
Tue, May 13
ECB to stand by past stimulus policies in strategy review
ECB to keep reference to 'forceful' actionReview yields little criticism of past movesSome policymakers had urged deeper soul-searchingBy Francesco Canepa and Balazs Koranyi FRANKFURT, May 13 (Reuters) - The European Central Bank will stand by its aggressive stimulus policy of the last de...Reuters
Tue, May 13
EUR/USD maintains position above 1.1100 ahead of US inflation data
EUR/USD opened with a bullish gap on Tuesday during the Asian session, trading near the 1.1110 level after suffering losses of over 2.5% in the previous session. The pair faced challenges as the US Dollar (USD) strengthened on the back of progress in the United States (US)-China trade negotiations.
Fxstreet
Tue, May 13
Japan's finance minister wants to discuss forex with Bessent at G7
By Makiko Yamazaki TOKYO, May 13 (Reuters) - Japanese Finance Minister Katsunobu Kato said on Tuesday that he would seek to meet U.S. Treasury Secretary Scott Bessent on the sidelines of the G7 meetings in Canada next week to discuss foreign exchange."I'm making preparations to attend the...Reuters
Tue, May 13
Australia, New Zealand dollars gain on crosses as US, China reach tariff truce
SYDNEY, May 13 (Reuters) - The Australian and New Zealand dollars dipped on Tuesday as their U.S. counterpart benefited from a truce in the trade war between Washington and Beijing, yet they fared much better on safe havens as risk sentiment improved. Local surveys showed Australian business ...Reuters
Tue, May 13
USD/JPY falls to near 148.00 despite persistent uncertainty over BoJ’s policy outlook
USD/JPY pulls back after registering more than 2% gains in the previous session, trading around 147.90 during the Asian hours on Tuesday. The pair depreciates as the Japanese Yen (JPY) gains ground despite a persistent uncertainty over the Bank of Japan’s (BoJ) interest rate outlook.
Fxstreet
Tue, May 13
BOJ expects wages, prices to keep rising, deputy governor Uchida says
TOKYO, May 13 (Reuters) - Bank of Japan Deputy Governor Shinichi Uchida said on Tuesday companies are likely to keep raising wages and prices even as uncertainty over U.S. tariff policy weighs on the economy."Japan's underlying inflation, and medium- to long-term inflation expectations, are ...Reuters
Tue, May 13
Japan finance minister preparing to attend G7, Bessent meeting possible
TOKYO, May 13 (Reuters) - Japanese Finance Minister Katsunobu Kato said on Tuesday that he is preparing to attend the meetings next week of the Group of Seven economic powers in Canada, where he also hopes to have a bilateral meeting with his U.S. counterpart. Speaking at a regular press conference,...Reuters
Tue, May 13
