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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
FOREX-Dollar clings on to gains from US-China trade pact
Dollar holds gains on optimism over US-China trade truceYen, euro nursing steep lossesInvestors pare back expectations of Fed rate cutsBy Rae Wee SINGAPORE, May 13 (Reuters) - The dollar held strong gains on Tuesday as investors cheered a tariff deal between the United States and China to tap th...Reuters
Tue, May 13
NZD/USD gathers strength above 0.5850 as US and China agree to ease tariffs for 90 days
The NZD/USD pair trades in positive territory around 0.5865 during the Asian session on Tuesday. The New Zealand Dollar (NZD) strengthens against the Greenback after the US and China announced a trade deal, easing fears of a trade war between the world’s two largest economies.
Fxstreet
Tue, May 13
Silver Price Forecast: XAG/USD slips as US-China trade truce boosts US Dollar
Silver price ended Monday’s session with losses of over 0.40% as upbeat news from last weekend's meetings between US and Chinese delegations delivered an agreement to reduce tariffs for 90 days, marking the beginning of negotiations.
Fxstreet
Mon, May 12
Brazil central bank to sign currency swap deal with China's PBOC
BRASILIA, May 12 (Reuters) - Brazil's central bank said Monday it will sign a currency swap agreement with the People's Bank of China, with a maximum outstanding value of 157 billion reais ($27.69 billion) and a five-year term. The agreement, to be signed on Tuesday in Beijing during Br...Reuters
Mon, May 12
Mexican Peso slips as US-China deal boosts USD, Banxico rate cut bets weigh
The Mexican Peso (MXN) is on the defensive against the US Dollar (USD) after developments over the weekend boosted the Greenback. A de-escalation of the US-China trade war, alongside expectations of a “large-sized” interest rate cut by the Banco de Mexico (Banxico), drove the USD/MXN pair higher.Fxstreet
Mon, May 12
FOREX-Dollar strengthens after China-US truce eases growth fears
Dollar rallies as US, China reach deal to cut tariffsSafe-haven currencies yen, Swiss franc weaken US inflation, retail sales data in focus this weekIndia-Pakistan ceasefire helps support risk sentimentBy Chuck Mikolajczak NEW YORK, May 12 (Reuters) - The dollar surged on Monday as the United Sta...Reuters
Mon, May 12
Canadian Dollar falls for a fourth straight session as markets get tariff tunnel vision
The Canadian Dollar (CAD) fell further on Monday, shedding around one-half of one percent against the US Dollar (USD) as investors broadly bid up the Greenback after the Trump administration proudly announced that they would be walking back their own triple-digit tariffs on Chinese imports.Fxstreet
Mon, May 12
Fitch upgrades Argentina's rating on IMF support, Forex reforms
May 12 (Reuters) - Credit ratings agency Fitch on Monday upgraded Argentina's long-term foreign-currency and local-currency issuer default rating to "CCC+" from "CCC", citing the launch of a new International Monetary Fund (IMF) program and the liberalization of the foreign-excha...Reuters
Mon, May 12
CANADA FX DEBT-Canadian dollar hits one-month low against surging greenback
Canadian dollar falls 0.5% against the greenbackPrice of oil rises 1.8%10-year yield hits near three-week highBy Fergal Smith TORONTO, May 12 (Reuters) - The Canadian dollar weakened to a one-month low against its U.S. counterpart on Monday as a truce in the trade war between the United States an...Reuters
Mon, May 12
USD/CAD extends gains on trade optimism, policy divergence, and upcoming US data
The US Dollar (USD) is trading higher against the Canadian Dollar (CAD) at the start of the week, supported by renewed risk appetite following a US–China trade agreement, diverging interest rate expectations, and anticipation of major US economic data.Fxstreet
Mon, May 12
