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USD/JPY: Short bias on the daily charts – OCBC
USD/JPY continued to trade lower amid decline in UST yields. Pair was last at 145.59 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
USD/JPY
Fxstreet
May 16, 2025
RUB: Unrealistic optimism – Commerzbank
USD/RUB and EUR/RUB are not market-driven or floating exchange rates. Even so, at this time, these exchange rates are reflecting excessive optimism that the US administration will push for a peace treaty with Ukraine and this will involve some of the harsh sanctions on Russia being removed.
Fxstreet
May 16, 2025
NZD/USD: Under mild downward pressure – UOB Group
New Zealand Dollar (NZD) is under mild downward pressure against the US Dollar (USD); it could drift lower and test 0.5855. In the longer run, outlook is mixed; NZD is expected to trade in a 0.5835/0.6030 range, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
NZD/USD
Fxstreet
May 16, 2025
AUD/USD: Expected to trade between 0.6380 and 0.6445 – UOB Group
Downward momentum has not increased further; Australian Dollar (AUD) is expected to trade between 0.6380 and 0.6445 against US Dollar (USD).
AUD/USD
Fxstreet
May 16, 2025
GBP/USD: Set to trade in a range of 1.3270/1.3345 – UOB Group
Pound Sterling (GBP) could trade in a range of 1.3270/1.3345. In the longer run, GBP is likely to trade in a 1.3140/1.3405 range, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
GBP/USD
Fxstreet
May 16, 2025
Eurozone Trade Balance s.a. climbed from previous €21B to €27.9B in March
Eurozone Trade Balance s.a. climbed from previous €21B to €27.9B in March
EUR/USD
Fxstreet
May 16, 2025
Eurozone Trade Balance n.s.a. came in at €36.8B, above forecasts (€17.5B) in March
Eurozone Trade Balance n.s.a. came in at €36.8B, above forecasts (€17.5B) in March
EUR/USD
Fxstreet
May 16, 2025
Forex Today: Market focus shifts to US consumer sentiment data
Here is what you need to know on Friday, May 16:
Fxstreet
May 16, 2025
Pound Sterling advances against US Dollar on soft US PPI, Retail Sales data
The Pound Sterling (GBP) rises further to near 1.3330 against the US Dollar (USD) in Friday’s European session, extending Thursday’s upside move.
GBP/USD
Fxstreet
May 16, 2025
EUR/INR today: Indian Rupee cross rates edge higher at the start of the European session
Indian Rupee (INR) crosses trade on the front foot at the beginning of Friday, according to FXStreet data. The Euro (EUR) to the Indian Rupee changes hands at 95.92, with the EUR/INR pair rising from its previous close at 95.69.
Fxstreet
May 16, 2025
AUD/JPY hovers around 93.00, downside appears due to stronger Japanese Yen
AUD/JPY remains subdued around 93.20 during Asian trading hours on Friday, extending its losses for the third successive session. The currency cross has given up its daily gains as the Japanese Yen (JPY) appreciates despite weaker domestic data.
AUD/JPY
Fxstreet
May 16, 2025
GBP/JPY attracts some sellers below 193.50 despite Japan’s downbeat GDP data
The GBP/JPY cross extends its downside to near 193.40 during the early European trading hours on Friday. The Japanese Yen (JPY) strengthens against the Pound Sterling (GBP) despite Japan’s disappointing GDP report.
GBP/JPY
Fxstreet
May 16, 2025
EUR/GBP rises above 0.8400, recovers ground due to strong Euro performance
EUR/GBP is rebounding from recent losses, trading near 0.8420 during Friday’s Asian session.
EUR/GBP
Fxstreet
May 16, 2025
USD/CAD Price Forecast: Extends the range play below 200-day SMA, 1.4000 mark
The USD/CAD pair attracts some sellers for the second straight day on Friday, though it remains confined in a range held since the beginning of this week. Spot prices currently trade just below mid-1.3900s, down over 0.10% for the day amid a combination of negative factors.
USD/CAD
Fxstreet
May 16, 2025
USD/CHF extends downside below 0.8350 on soft inflation reports
The USD/CHF pair extends the decline to around 0.8340 during the early European session on Friday. Soft US producer prices and consumer inflation weigh on the US Dollar (USD). Later on Friday, investors will focus on the release of the Swiss Producer and Import Prices report for April.
USD/CHF
Fxstreet
May 16, 2025
EUR/JPY Price Forecast: Tests support zone near 162.50, ascending channel’s lower boundary
EUR/JPY extends its losing streak for the third successive session, trading around 162.80 during the Asian hours on Friday. Technical analysis of the daily chart shows the currency cross remains within an ascending channel, suggesting a bullish bias is in play.
EUR/JPY
Fxstreet
May 16, 2025
GBP/USD drifts higher above 1.3300 on softer US Dollar, upbeat UK GDP data
The GBP/USD pair edges higher to around 1.3310 during the Asian trading hours on Friday. The Greenback weakens against the Pound Sterling (GBP) as downside surprises in the US economic data this week raise bets of more Federal Reserve (Fed) rate cuts this year.
GBP/USD
Fxstreet
May 16, 2025
EUR/USD rebounds to near 1.1200 ahead of UoM Consumer Sentiment Index release
EUR/USD has recovered its daily losses, trading around 1.1200 during the Asian hours on Friday. The pair receives support as the US Dollar (USD) weakens following the recent economic data released on Thursday.
EUR/USD
Fxstreet
May 16, 2025
NZD/USD inches higher to near 0.5900 following Q2 RBNZ Inflation Expectations release
NZD/USD halts its two-day losing streak, trading around 0.5890 during the Asian hours on Friday. The pair advances after the release of the Reserve Bank of New Zealand (RBNZ) Inflation Expectations for Q2 2025.
NZD/USD
Fxstreet
May 16, 2025
RBNZ Survey: NZ two-year inflation expectations rise to 2.29% QoQ in Q1 2025
New Zealand's (NZ) inflation expectations accelerated on a 12-month and a two-year time frame for the second quarter of 2025, the Reserve Bank of New Zealand’s (RBNZ) latest monetary conditions survey showed on Friday.
NZD/USD
Fxstreet
May 16, 2025
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