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Pound Sterling gains as UK GDP data beats estimates
The Pound Sterling (GBP) attracts bids against its peers in European trading hours on Thursday following the release of the United Kingdom (UK) Gross Domestic Product (GDP) data.
GBP/USD
Fxstreet
May 15, 2025
Forex Today: US Dollar under pressure ahead of key US data, Powell speech
Here is what you need to know on Thursday, May 15:
Fxstreet
May 15, 2025
NZD/USD remains stronger near 0.5900 as US Dollar struggles ahead of key economic data
NZD/USD appreciates after registering a loss of more than 0.50% in the previous session, trading around 0.5910 during the early European hours on Thursday.
NZD/USD
Fxstreet
May 15, 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 Thursday, according to FXStreet data. The Euro (EUR) to the Indian Rupee changes hands at 96.11, with the EUR/INR pair rising from its previous close at 95.43.
Fxstreet
May 15, 2025
EUR/GBP holds positive ground above 0.8400 after UK GDP data
The EUR/GBP cross pares recent gains near 0.8430 during the early European session on Thursday. The Pound Sterling (GBP) edges higher after the release of UK growth numbers.
EUR/GBP
Fxstreet
May 15, 2025
France Consumer Price Index (EU norm) (MoM) above forecasts (0.6%) in April: Actual (0.7%)
France Consumer Price Index (EU norm) (MoM) above forecasts (0.6%) in April: Actual (0.7%)
EUR/USD
Fxstreet
May 15, 2025
France Consumer Price Index (EU norm) (YoY) above forecasts (0.8%) in April: Actual (0.9%)
France Consumer Price Index (EU norm) (YoY) above forecasts (0.8%) in April: Actual (0.9%)
EUR/USD
Fxstreet
May 15, 2025
GBP/JPY Price Forecast: Remains under selling pressure below 194.00, bullish bias prevails
The GBP/JPY cross remains under some selling pressure around 193.85 during the early European session on Thursday. The Japanese Yen (JPY) edges higher against the Pound Sterling (GBP) amid the prospect that the Bank of Japan (BoJ) will hike rates again.
GBP/JPY
Fxstreet
May 15, 2025
USD/CHF trades with negative bias around 0.8400, downside potential seems limited
The USD/CHF pair struggles to capitalize on the previous day's modest gains and meets with a fresh supply during the Asian session on Thursday.
USD/CHF
Fxstreet
May 15, 2025
Japanese Yen seems poised to appreciate further amid hawkish BoJ expectations
The Japanese Yen (JPY) trades with a positive bias against its American counterpart for the third straight day on Thursday and for now, seems to have stalled the previous day's late pullback from the weekly high.
USD/JPY
Fxstreet
May 15, 2025
USD/CAD Price Forecast: Remains below 1.4000 confluence hurdle ahead of US PPI, Fed's Powell
The USD/CAD pair struggles to capitalize on the previous day's goodish rebound from the 1.3900 mark and attracts fresh sellers during the Asian session on Thursday. Spot prices, however, lack bearish conviction and currently trade around the 1.3865 area, down less than 0.10% for the day.
USD/CAD
Fxstreet
May 15, 2025
EUR/USD treads water near 1.1200 in Asian trading ahead of key Eurozone GDP data
EUR/USD remains firm around 1.1200 during Thursday’s Asian session, recovering daily losses as the Euro (EUR) gains traction ahead of the preliminary Eurozone Gross Domestic Product (GDP) report for Q1 2025, due later in the day.
EUR/USD
Fxstreet
May 15, 2025
USD/INR softens ahead of US Retail Sales, PPI releases
The Indian Rupee (INR) strengthens on Thursday. The de-escalation of a trade war between the United States (US) and China, along with the fall in Crude oil prices and the weakness of the US Dollar (USD), provides some support to the Indian currency.
Fxstreet
May 15, 2025
GBP/USD edges higher to near 1.3300, recovers due to weaker US Dollar
GBP/USD is rebounding from recent losses, trading near 1.3280 during the Asian session on Thursday. The pair is supported by a softer US Dollar (USD), as investors weigh ongoing trade-related uncertainties despite a slight easing in tensions.
GBP/USD
Fxstreet
May 15, 2025
NZD/USD gathers strength to near 0.5900 ahead of US Retail Sales, PPI data
The NZD/USD pair trades in positive territory near 0.5900 during the Asian trading hours on Thursday. The New Zealand Dollar (NZD) strengthens against the Greenback due to improved risk sentiment.
NZD/USD
Fxstreet
May 15, 2025
Australian Dollar edges higher following employment data release
The Australian Dollar (AUD) edges higher against the US Dollar (USD) on Thursday after registering more than 0.50% losses in the previous session. The AUD/USD pair gained ground as easing global trade tensions boosted demand for risk-sensitive currencies like the Aussie Dollar.
AUD/USD
Fxstreet
May 15, 2025
PBOC sets USD/CNY reference rate at 7.1963 vs. 7.1956 previous
On Thursday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1963 as compared to the previous day's fix of 7.1956 and 7.2217 Reuters estimate.
USD/CNH
Fxstreet
May 15, 2025
EUR/USD middles as markets wait for a reason to move
EUR/USD trimmed momentum sharply on Wednesday, sticking to a flat holding pattern near the 1.1200 handle despite an early pop in bids. European economic data has been largely a non-starter this week, as is typical.
EUR/USD
Fxstreet
May 14, 2025
GBP/JPY Price Forecast: Slides as bearish engulfing pattern signals a pullback looms
The GBP/JPY retreated on Wednesday, losing over 0.82% after hitting a weekly high of 196.39 earlier during the Asian session. As Thursday's Asian session begins, the GBP/JPY trades at 194.48 flat.
GBP/JPY
Fxstreet
May 14, 2025
USD/CAD edges lower below 1.4000 on softer US Dollar, eyes on US hard data
The USD/CAD pair loses ground to near 1.3975 during the early Asian session on Thursday, pressured by a weaker US Dollar (USD). The US Retail Sales and Producer Price Index (PPI) for April will be the highlights later on Thursday, along with the speech from the Fed’s Chair Jerome Powell.
USD/CAD
Fxstreet
May 14, 2025
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