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Trump spurs questions about safety of Germany's gold in New York
Germany has stored gold in New York since Cold WarLawmakers worry about Trump's reliabilityAny move could hurt relations with FedBy Francesco Canepa, Maria Martinez and John O'Donnell FRANKFURT/BERLIN, May 30 (Reuters) - The safety of Germany's gold reserves held overseas and in New Y...
Reuters
Fri, May 30
China's yuan looks set for monthly rise, investors await clarity on Trump's trade policy
SHANGHAI, May 30 (Reuters) - China's yuan was largely steady against the dollar on Friday as investors stood sidelined awaiting more clarity on U.S. President Donald Trump's trade policy following conflicting court rulings on his sweeping tariffs.A federal appeals court temporarily reinstate...
Reuters
Fri, May 30
Australia, NZ dollars subdued as data disappoint
By Wayne Cole SYDNEY, May 30 (Reuters) - The Australian and New Zealand dollars were headed on Friday for a subdued end to the week as domestic economic news proved disappointing, while chaos in U.S. tariff policy kept risk appetite restrained.The Aussie took a knock when data showed retail sales...
Reuters
Fri, May 30
India Morning Newsletter, May 30
To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-SubscriptionpageFor an index of our newsletters click on NEWSL
Reuters
Fri, May 30
NZD/USD maintains position above 0.5950 after trimming recent gains, US PCE inflation eyed
NZD/USD has trimmed its recent gains following weaker data from New Zealand released on Friday.
NZD/USD
Fxstreet
Fri, May 30
EUR/USD edges lower to mid-1.1300s; looks to US PCE Price Index for fresh impetus
The EUR/USD pair struggles to capitalize on the previous day's solid bounce from the 1.1200 neighborhood, or a one-and-a-half week low, and trades with a mild negative bias during the Asian session on Friday.
EUR/USD
Fxstreet
Fri, May 30
USD/INR trades with mild losses ahead of India GDP, US PCE releases
The Indian Rupee (INR) gains ground on Friday, snapping the three-day losing streak. The downbeat US economic data and concerns that a US court ruling would change the outlook for US tariffs undermine the US Dollar (USD).
Fxstreet
Fri, May 30
Japanese Yen bulls regain control as strong Tokyo CPI reaffirms BoJ rate hike bets
The Japanese Yen (JPY) attracts strong follow-through buying for the second straight day on Friday and recovers further from a two-week low touched against its American counterpart the previous day.
USD/JPY
Fxstreet
Fri, May 30
FOREX-Dollar poised for fifth-straight monthly drop on trade, fiscal uncertainty
Upbeat Tokyo core inflation underpins yen Fed's preferred PCE inflation data awaitedDollar index set for fifth-straight monthly declineBy Johann M Cherian SINGAPORE May 30 (Reuters) - The U.S. dollar softened on Friday, heading for its fifth-straight monthly decline as traders braced for furt...
Reuters
Fri, May 30
Australian Dollar remains subdued as monthly Retail Sales fall in April
The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Friday, retracing its recent gains from the previous session. The AUD/USD pair remains subdued following the release of disappointing economic data from Australia.
AUD/USD
Fxstreet
Fri, May 30
PBOC sets USD/CNY reference rate at 7.1848 vs. 7.1907 previous
On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1848 as compared to the previous day's fix of 7.1907 and 7.1859 Reuters estimate.
USD/CNH
Fxstreet
Fri, May 30
USD/CAD softens to near 1.3800 ahead of US PCE, Canadian GDP releases
The USD/CAD pair trades in a negative territory around 1.3810 during the early Asian session on Friday. The concerns that a US court ruling would change the outlook for US tariffs weigh on the Greenback.
USD/CAD
Fxstreet
Fri, May 30
AUD/USD gathers strength to near 0.6450 amid renewed tariff concerns
The AUD/USD pair gains ground to near 0.6445 during the early Asian session on Friday. The US Dollar (USD) edges lower against the Australian Dollar (AUD) due to the resurgence of trade uncertainty and disappointing US economic data.
AUD/USD
Fxstreet
Fri, May 30
Japanese life insurers cut protection against stronger Yen to fresh 14-year low - Bloomberg
Japanese life insurers cut protection for their foreign assets against a stronger Japanese Yen (JPY) to a fresh 14-year low, signaling subdued expectations of a sustained rally in the JPY, per Bloomberg.
USD/JPY
Fxstreet
Thu, May 29
Binance US Says USD Services Are Live - X Post
May 29 (Reuters) - BINANCE US: USD SERVICES ARE LIVE - X POSTSource text: [https://tinyurl.com/4ntw577x]
Reuters
Thu, May 29
GBP/USD recovers 1.35 ahead of key US inflation data
GBP/USD made a choppy relief rally on Thursday, jumping back into the 1.3500 handle as markets gear up for the latest batch of United States (US) Personal Consumption Expenditure Price Index (PCE) inflation figures due on Friday.
GBP/USD
Fxstreet
Thu, May 29
South Korea Industrial Output (YoY) above expectations (4.2%) in April: Actual (4.9%)
South Korea Industrial Output (YoY) above expectations (4.2%) in April: Actual (4.9%)
Fxstreet
Thu, May 29
South Korea Industrial Output Growth below expectations (0.5%) in April: Actual (-0.9%)
South Korea Industrial Output Growth below expectations (0.5%) in April: Actual (-0.9%)
Fxstreet
Thu, May 29
AUD/JPY Price Forecast: Struggles at 93.00 as bears gain steam
AUD/JPY loses some ground on Thursday ahead of the beginning of Friday’s Asian session, falls over 0.19%, below the 93.00 figure, yet retains its sideways bias as the cross pair remains above the Ichimoku Cloud (Kumo).
AUD/JPY
Fxstreet
Thu, May 29
FOREX-US dollar drops as investors prepare for court battle on tariffs
Tariff concerns weigh on US currencyJobless claims rise in latest weekFiscal issues remain in focus as Congress works on tax and spending billBy Karen Brettell NEW YORK, May 29 (Reuters) - The dollar fell on Thursday as investors prepared for U.S. President Donald Trump to battle a U.S. trade cou...
Reuters
Thu, May 29
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