News
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Sterling gains against dollar ahead of this week's BoE meeting
May 5 (Reuters) - Sterling rose against a weaker dollar on Monday, ahead of the Bank of England's next policy decision due later this week.The pound was up 0.29% versus the dollar 4> to 1.33045 at 1107 GMT, broadly in line with moves across broader currency markets. FRX/ Newsflow in Britain w...Reuters
Mon, May 5
CORRECTED-Australian dollar perched at five-month top, outlook brightens
SYDNEY, May 5 (Reuters) - The Aussie hit a five-month peak on Monday on the back of a soft U.S. dollar, which has been constrained by a meteoric rise in the Taiwanese currency, while the kiwi also gained ground ahead of the quarterly jobs data this week. There has been muted reaction to the astonish...Reuters
Mon, May 5
Taiwan president calls for end to 'false' news about US forex talks
Taiwan president decries 'false' information about forex Taiwan dollar at more than two-year high against greenbackTaiwan repeatedly denies talking forex rate with USTaiwan central bank calls for speculation to end, calm to returnTaiwan held tariff talks with US last weekBy Liang-sa Loh and ...Reuters
Mon, May 5
RPT-COLUMN-Deep cuts or none at all? A gulf exists in Fed views: Mike Dolan
By Mike Dolan LONDON, May 5 (Reuters) - There are countless measures of elevated U.S. economic uncertainty right now, but the deep gulf in forecasts for Federal Reserve interest rates paints a particularly messy picture.Few if any expect the Fed to cut its main policy rate this week, despite rele...Reuters
Mon, May 5
AUD/JPY trades soft near 93.50 as global trade uncertainties increase safe-haven demand
AUD/JPY trades subdued near 93.40 during European hours on Monday after gaining for three consecutive sessions. The currency cross is under pressure as rising global trade uncertainties boost demand for safe-haven assets like the Japanese Yen (JPY).
Fxstreet
Mon, May 5
FOREX-Dollar slips as Taiwan dollar surge sparks revaluation talk
Dollar slips as Taiwan dollar jumps to 2-year high Talk Asian currencies may rise to win US trade concessionsFed seen on hold this week, less chance of June cut Soft Swiss inflation supports bets on a return to sub zero rates By Wayne Cole and Alun John SYDNEY/LONDON, May 5 (Reuters) - The dollar...Reuters
Mon, May 5
Taiwan central bank governor to hold news conference after currency surges
TAIPEI, May 5 (Reuters) - Taiwan central bank governor Yang Chin-long will hold a news conference on Monday afternoon about the domestic foreign exchange market, the bank said, after the Taiwan dollar surged against the U.S. dollar.The news conference will start at 4:30 p.m. (0830 GMT), the centralReuters
Mon, May 5
EUR/JPY attracts some sellers to near 163.50 as safe-haven demand grows
The EUR/JPY cross extends the decline to around 163.50 during the early European session on Monday. The Japanese Yen (JPY) edges higher against the Euro (EUR) on the rising safe-haven demand amid the economic uncertainty. The Eurozone Sentix Investor Confidence is due later on Monday.
Fxstreet
Mon, May 5
EUR/GBP appreciates to near 0.8550 due to strong Eurozone inflation, weak Pound outlook
EUR/GBP continues to climb for the fourth consecutive session, trading around 0.8530 during early European hours on Monday. The currency cross is gaining as the Euro (EUR) strengthens on the back of robust Eurozone inflation data, released on Friday.
Fxstreet
Mon, May 5
Taiwan central bank governor to hold news conference after Taiwan dollar surges
TAIPEI, May 5 (Reuters) - Taiwan central bank governor Yang Chin-long will hold a news conference on Monday afternoon about the domestic foreign exchange market, the bank said, after the Taiwan dollar surged against the U.S. dollar.Reuters
Mon, May 5
FOREX-Dollar slips as Taiwan dollar surge sparks revaluation talk
Dollar slips as Taiwan dollar jumps to 2-yr high Talk Asian currencies may rise to win US trade concessionsFed seen on hold this week, less chance of June cut Erratic tariff policy remains a drag on dollar sentimentBy Wayne Cole SYDNEY, May 5 (Reuters) - The dollar slipped anew on Monday as a met...Reuters
Mon, May 5
NZD/USD rises above 0.5950 due to softer US Dollar, US-China trade talks in focus
The NZD/USD pair continues to climb for the second straight session, trading near 0.5970 during Monday’s Asian hours. The Kiwi pair gains momentum as the US Dollar (USD) weakens, with traders closely monitoring developments in US-China trade relations.
Fxstreet
Mon, May 5
Dollar under water as surge in Taiwan dollar spills over
SYDNEY, May 5 (Reuters) - The dollar was losing ground again on Monday as a meteoric surge in its Taiwanese counterpart spilled over elsewhere, fuelling speculation some Asian countries were prepared to engineer revaluations to win U.S. trade concessions.Reuters
Mon, May 5
EUR/USD edges lower to near 1.1300, traders await US ISM Services PMI
EUR/USD is kicking off the week on a weaker note, trading near 1.1320 during the Asian session on Monday. US President Donald Trump confirmed he would not seek to remove Federal Reserve (Fed) Chair Jerome Powell before his term ends in May 2026.Fxstreet
Mon, May 5
FOREX-Dollar gets limited lift from jobs, trade questions linger
Dollar dips early, trade thin with Japan/China holidaysFed seen on hold this week, less chance of June cut Erratic tariff policy remains a drag on dollar sentimentBy Wayne Cole SYDNEY, May 5 (Reuters) - The dollar was struggling to hold its ground on Monday even as concerns about a U.S. recession...Reuters
Mon, May 5
