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BoE's Taylor says 'perilous' trade situation justified half-point rate cut vote
LONDON, May 12 (Reuters) - Bank of England policymaker Alan Taylor said on Monday that he voted for a half-point rate cut last week - in defiance of the majority on the Monetary Policy Committee - because of a "quite perilous" trade situation as well as a weakening domestic economy."The ...
Reuters
Mon, May 12
Awaiting US cash, EBRD gives funders till end of the year to pay up
Funds for EBRD 4 bln euro capital hike coming in from Japan, most of EU 27 Remaining ones have until year-end to pay inEBRD will keep investment focus on green transition, expanding human capitalBy Libby George LONDON, May 12 (Reuters) - The European Bank of Reconstruction and Development has ext...
Reuters
Mon, May 12
USD/CHF rallies as US-China Trade Truce Lifts Dollar Sentiment
The USD/CHF pair is trading higher, supported by a broad rally in the US Dollar following a significant breakthrough in US-China trade relations.
USD/CHF
Fxstreet
Mon, May 12
FOREX-Dollar jumps after China-US truce allays 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
EUR/USD Price Analysis: Euro drifts near 1.1100 as bearish momentum builds
The EUR/USD pair traded near the 1.1100 zone on Monday, reflecting a sharp drop after the European session as sellers gained control. The pair remains within the middle of its daily range, suggesting that while bearish pressure is dominant, the market lacks a clear breakout signal.
EUR/USD
Fxstreet
Mon, May 12
GBP/USD crashes on US-China trade truce boosting US Dollar
The Pound Sterling collapsed by over 0.71% or 90 pips on Monday, following developments over the weekend that boosted the US Dollar. News of the US-China de-escalation of the trade war weighed on Sterling, which plummeted from around 1.3298. At the time of writing, the GBP/USD trades at 1.3207.
GBP/USD
Fxstreet
Mon, May 12
Kraken Says Investigating Android App Crash When Uploading Proof Of Address Documents
May 12 (Reuters) - Kraken: KRAKEN: CURRENTLY INVESTIGATING ANDROID APP CRASH WHEN UPLOADING PROOF OF ADDRESS DOCUMENTSKRAKEN: ISSUE DOES NOT AFFECT ID DOCUMENT UPLOADS, SELFIE VERIFICATION, OR ANY IOS APP VERSIONSSource text: [ID:]Further company coverage: [ ]
Reuters
Mon, May 12
NZD/USD Price Forecast: Sees more downside below 200-day EMA
The NZD/USD pair tumbles to near 0.5870 during North American trading hours on Monday. The Kiwi pair falls sharply as the demand for the US Dollar (USD) has increased after the comments from Washington signaled that the trade war between the United States (US) and China has been averted.
NZD/USD
Fxstreet
Mon, May 12
AUD/USD turns upside down to near 0.6400 after US-China trade truce
The AUD/USD pair gives back initial gains and turns negative during North American trading hours on Monday.
AUD/USD
Fxstreet
Mon, May 12
Economists say Brazil's monetary tightening cycle is over, survey shows
BRASILIA/SAO PAULO, May 12 (Reuters) - Brazilian economists believe the aggressive monetary tightening cycle in Latin America's largest economy has come to an end, a weekly central bank survey showed on Monday. The median forecast points to central bank's key interest rate being he...
Reuters
Mon, May 12
Sterling falls against dollar, firms versus euro, yen after US-China tariff deal
By Medha Singh May 12 (Reuters) - The pound slumped against a stronger dollar on Monday but firmed against the euro and yen as the United States and China temporarily cut reciprocal tariffs following negotiations over the weekend. The U.S. and China agreed to temporarily slash tariffs in a deal t...
Reuters
Mon, May 12
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Monday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.4% lower at C$1.3996 to the greenback, or 71.45 U.S. cents, after trading in a range of 1.3895 to 1.3998.Canadian government 10-year bond yields CA10YT=RR r...
Reuters
Mon, May 12
EUR tumbles 1.5% on the day – Scotiabank
The Euro (EUR) is weak, down 1.5% vs. the US Dollar (USD) and seeing its largest one day decline since early November, around the time of the US election, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EUR/USD
Fxstreet
Mon, May 12
FOREX-Dollar surges after China-US truce improves growth outlook
Dollar surges as US, China reach deal to slash tariffsSafe-haven currencies yen, Swiss franc are hit hardestUS inflation, retail sales data in focus this weekIndia-Pakistan ceasefire helps support risk sentimentBy Medha Singh May 12 (Reuters) - The dollar surged on Monday as the United States and...
Reuters
Mon, May 12
RPT-BREAKINGVIEWS-Taiwan insurers get a stern currency warning
By Robyn Mak HONG KONG, May 12 (Reuters Breakingviews) - The Taiwanese currency’s recent stunning rally against the U.S. dollar has highlighted a big risk in an unlikely area: the island’s insurers. The large swing against the greenback, if sustained, will hit earnings at Cathay Life and its peer...
Reuters
Mon, May 12
David Bailey And Bitcoin-Native Holding Company Nakamoto Announce Merger With Kindlymd To Establish Bitcoin Treasury
May 12 (Reuters) - Kindly MD Inc KDLY.O:DAVID BAILEY AND BITCOIN-NATIVE HOLDING COMPANY NAKAMOTO ANNOUNCE MERGER WITH KINDLYMD® TO ESTABLISH BITCOIN TREASURYDAVID BAILEY AND BITCOIN-NATIVE HOLDING COMPANY NAKAMOTO ANNOUNCE MERGER WITH KINDLYMD® TO ESTABLISH BITCOIN TREASURYKINDLY MD - DEAL INCLUDES ...
Reuters
Mon, May 12
Brazil's Lula criticizes U.S. tariffs while reaffirming partnership with China
SAO PAULO, May 12 (Reuters) - Brazilian President Luiz Inacio Lula da Silva on Monday showed his dissatisfaction with U.S. tariffs and said Brazil is seeking to strengthen ties with China. "Amid the resurgence of protectionist barriers, we are committed to reducing industrial barriers and want m...
Reuters
Mon, May 12
Kraken- We're Investigating An Issue With Dogecoin (Doge), Litecoin (Ltc), Zcash (Zec), And Dash (Dash) Funding Gateway
May 12 (Reuters) - KRAKEN- WE'RE INVESTIGATING AN ISSUE WITH DOGECOIN (DOGE), LITECOIN (LTC), ZCASH (ZEC), AND DASH (DASH) FUNDING GATEWAYSource text: [ID:]Further company coverage: [ ]
Reuters
Mon, May 12
BoE's Greene says price pressures still too high, inflation expectations rising
LONDON, May 12 (Reuters) - Bank of England monetary policymaker Megan Greene said on Monday that wage and inflation measures were moving in the right direction but remained too high and that she was worried about rising public inflation expectations."What's a little bit more worrisome for me...
Reuters
Mon, May 12
FOREX-Dollar surges after Sino-US truce improves growth outlook
Dollar surges as US, China reach deal to slash tariffsSafe-haven currencies yen, Swiss franc are hit hardestUS inflation, retail sales data in focus this weekIndia-Pakistan ceasefire helps support risk sentimentBy Medha Singh May 12 (Reuters) - The dollar surged on Monday as the United States and...
Reuters
Mon, May 12
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