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EUR/USD Price Analysis: Euro climbs toward 1.1200 as bullish sentiment builds
The EUR/USD pair advanced on Tuesday, trading near the 1.1200 zone after the European session, reflecting a strong bullish tone as the market approaches the Asian session. Price action remains near the top of the daily range, suggesting that buyers maintain control despite mixed momentum readings.
Fxstreet
May 13, 2025
GBP/USD rebounds on soft CPI, boosting Fed cut bets
The Pound Sterling recovered from Monday’s losses and climbed over 0.35% against the Greenback after the latest inflation report in the United States (US) kept traders' hopes high for further easing by the Federal Reserve. The GBP/USD trades at 1.3226 after bouncing of a daily low of 1.3165.
Fxstreet
May 13, 2025
EUR/GBP under pressure as ECB–BoE policy gap widens ahead of key data
The Euro (EUR) remains under pressure against the British Pound (GBP) on Tuesday as diverging monetary policy expectations between the European Central Bank (ECB) and the Bank of England (BoE) continue to drive sentiment.
Fxstreet
May 13, 2025
CAD trading defensively as wider yield spreads remain a drag – Scotiabank
The Canadian Dollar (CAD) is entering Tuesday’s NA session with a marginal decline vs. the US Dollar (USD) as it continues to trade defensively in the aftermath of Monday’s broad-based USD rally, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
May 13, 2025
AUD/USD jumps above 0.6400 as antipodeans outperform on US-China tariff pause
The AUD/USD pair climbs to near 0.6410 during European trading hours on Tuesday. The Aussie pair strengthens on the outperformance of antipodeans after the United States (US) and China averted the trade war after agreeing to lower import duties following a two-day meeting in Switzerland.
Fxstreet
May 13, 2025
Mexican Peso strengthens on improved global risk sentiment ahead of US inflation data
The Mexican Peso (MXN) is trading higher against the US Dollar (USD) on Tuesday as a rebound in global risk sentiment supports emerging market currencies ahead of a key macroeconomic week. At the time of writing, USD/MXN is trading around 19.578, down 0.30% intraday.
Fxstreet
May 13, 2025
Pound Sterling comes under pressure as UK labor market cools down
The Pound Sterling (GBP) trades with caution against its peers on Tuesday after the release of the United Kingdom (UK) labor market data for the three months ending March. The Office for National Statistics (ONS) reported that the ILO Unemployment Rate accelerated to 4.5%, as expected, from 4.4% ...Fxstreet
May 13, 2025
USD/JPY: Likely to trade in a 146.50/148.60 range – UOB Group
US Dollar (USD) is likely to trade in a 146.50/148.60 range vs Japanese Yen (JPY). In the longer run, further USD strength is likely, but it could first trade in a range for a few days; the level to monitor is 149.30, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
May 13, 2025
GBP/USD: Major support at 1.3070 may not come into view so soon – UOB Group
Pound Sterling (GBP) could retest the 1.3140 level vs the US Dollar (USD) before a more sustained recovery can be expected. In the longer run, GBP is expected to weaken, but the major support at 1.3070 may not come into view so soon, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
May 13, 2025
GBP/USD pullback deepens after rejection at key resistance zone – Société Générale
GBP/USD is retreating after rejection near 1.3500, with bearish momentum reinforced by MACD crossover and a breach of short-term consolidation support. Next supports lie near 1.3070 and 1.3010, Société Générale's FX analysts note.Fxstreet
May 13, 2025
EUR/JPY holds losses below 164.50 after release of ZEW Economic Sentiment Surveys
EUR/JPY loses ground after registering more than 0.50% gains in the previous session, trading around 164.20 during the Asian hours on Tuesday. The currency cross remains subdued following the release of ZEW Economic Sentiment surveys from Germany and the Eurozone.
Fxstreet
May 13, 2025
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