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FOREX-Dollar languishes ahead of Fed meeting, Asian currencies calmer
By Rocky Swift TOKYO, May 7 (Reuters) - The dollar steadied on Wednesday before a Federal Reserve meeting to determine policy for an uncertain economy and as major investors in Asia continued cashing out of U.S. assets.News that the United States and China are due to talk on Saturday eased conce...Reuters
Wed, May 7
REFILE-Indian rupee declines in NDF market following strikes against Pakistan
MUMBAI, May 7 (Reuters) - The Indian rupee declined against the U.S. dollar in the non-deliverable forward (NDF) market on Wednesday, after Indian armed forces hit multiple sites in Pakistan and what the Indian government described as "Pakistan-occupied Jammu and Kashmir".The 1-month NDF ind...Reuters
Wed, May 7
RPT-COLUMN-Asia FX surge raises doubts about region's trade war arsenal: McGeever
By Jamie McGeeverORLANDO, Florida, May 6 (Reuters) - The Taiwan dollar's record rise in recent days has brought a regional conundrum into sharp focus: how much appreciation can Asian currencies countenance in the face of U.S. President Donald Trump's global trade war?Currency depreciation wo...Reuters
Wed, May 7
FOREX-Dollar languishes ahead of Fed meeting, Asian currencies calmer
By Rocky Swift TOKYO, May 7 (Reuters) - The dollar steadied on Wednesday before a Federal Reserve meeting to determine policy for an uncertain economy and as major investors in Asia continued cashing out of U.S. assets.News that the United States and China are due to talk on Saturday eased conce...Reuters
Wed, May 7
Australian dollar hits new five-month top on US-China trade talks
SYDNEY, May 7 (Reuters) - The Australian dollar hit a new five-month peak on Wednesday, buoyed by progress in U.S.-China trade talks scheduled for later this week, while the New Zealand dollar found little support following a mixed picture on jobs. The Aussie AUD= fetched $0.6514 for the first time ...Reuters
Wed, May 7
RBNZ governor says trade war threat has receded but still considerable uncertainty
SYDNEY, May 7 (Reuters) - Reserve Bank of New Zealand Governor Christian Hawkesby said on Wednesday that the threat of a trade war has decreased recently, although there remains considerable uncertainty regarding future developments.Reuters
Wed, May 7
Bessent says US, China have to de-escalate before they move forward
WASHINGTON, May 6 (Reuters) - The United States and China have to de-escalate before they can move forward with trade negotiations, U.S. Treasury Secretary Scott Bessent said on Tuesday, ahead of a meeting with Chinese officials in Switzerland on Saturday and Sunday."My sense is that this will b...Reuters
Tue, May 6
S&P 500 futures rise on trade deal optimism
May 6 - U.S. stock futures rose late on Tuesday after it was announced that Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer would meet with China's top economic official later this week in Switzerland.S&P 500 and Nasdaq futures were up about 1%, signaling that t...Reuters
Tue, May 6
AUD/NZD Price Analysis: Aussie softens near 1.0800 as bearish tone gains traction
The AUD/NZD pair edged lower on Tuesday, trading near the 1.0800 zone after a steady decline through the European session. Price action remained confined within the day’s range, but the downside drift highlights the underlying bearish tone as the pair approaches the Asian session.
Fxstreet
Tue, May 6
FOREX-Dollar falls, euro gains after Merz elected German chancellor
Markets growing nervous about absence of trade deals Trade deficit widens to record $140.5 billion in MarchEuro extends gains after Friedrich Merz elected German chancellorCanadian dollar strengthens after PM Mark Carney says Canada is not for saleBy Chibuike Oguh NEW YORK, May 6 (Reuters) - The ...Reuters
Tue, May 6
CANADA FX DEBT-Canadian dollar posts a 7-month high as Carney visits White House
Canadian dollar gains 0.4% against the greenbackTouches its strongest since October 17 at 1.3751Trade deficit surprisingly narrows in MarchBond yields ease across flatter curveBy Fergal Smith TORONTO, May 6 (Reuters) - The Canadian dollar rose to a near seven-month high against its U.S. counterpa...Reuters
Tue, May 6
Russia plans to tap fiscal reserves to balance 2025 budget, finance minister says
The move comes after threefold 2025 deficit increaseOil prices hit lowest level in four yearsSiluanov sees no extraordinary measures to balance budget in 2025 Rouble expected to weaken when interest rates decreaseBy Darya Korsunskaya and Gleb Bryanski MOSCOW, May 6 (Reuters) - The Russian governm...Reuters
Tue, May 6
FOREX-Dollar trades lower, euro gains after Merz elected German chancellor
Markets growing nervous about absence of trade deals Trade deficit widens to record $140.5 billion in MarchEuro extends gains after Friedrich Merz elected German chancellorTaiwan dollar steadies after surging at start of weekBy Chibuike Oguh and Alun John NEW YORK/LONDON, May 6 (Reuters) - The U....Reuters
Tue, May 6
Argentina FX rates converge as focus turns to reserves build-up
By Jorge OtaolaBUENOS AIRES, May 6 (Reuters) - Argentina's main exchange rates, the official peso ARS= and the black market ARSB=, have converged after almost six years of tight capital controls that spawned a host of parallel rates, with focus turning to the central bank's foreign currency ...Reuters
Tue, May 6
EU to target €100 billion of US goods with tariffs if talks fail – Bloomberg
Citing people familiar with the matter, Bloomberg reported on Tuesday that the European Union (EU) plans to target about €100 billion worth of United States (US) imports with additional tariffs if they fail to reach a deal with the US.Fxstreet
Tue, May 6
Franklin Templeton senior executive says UK government bonds outlook is unfavourable
LONDON, May 6 (Reuters) - Concern over Britain's fiscal prospects has made the outlook for government bonds, or gilts, less favourable, leading Franklin Templeton to exit long positions in the asset, its head of European fixed income, David Zahn, said on Tuesday.With finance minister Rachel Reev...Reuters
Tue, May 6
