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Sterling steady against the dollar as economic data, trade deals offer support
By Linda Pasquini May 28 (Reuters) - Sterling was steady against the dollar on Wednesday, hovering near Monday's three-year high, as it continued to be supported by favourable economic data last week as well as Britain's recent trade deals.Investors also looked towards a multi-year spendi...Reuters
Wed, May 28
RPT-COLUMN-Lagarde's euro 'battle cry' emphasizes EU cash need: Mike Dolan
By Mike Dolan LONDON, May 28 (Reuters) - If the euro supplants the dollar as the world's main reserve currency, Europe might lose some currency competitiveness - but the related capital flows it's seeking more than compensate.European Central Bank President Christine Lagarde weighed in on...Reuters
Wed, May 28
EMERGING MARKETS-Stocks edge up, currencies subdued as dollar firms; Nvidia results due
May 28 (Reuters) - Emerging market assets were subdued on Wednesday, with most stocks and currencies finding little traction as the dollar firmed and anticipation built for results from AI giant Nvidia.Reuters
Wed, May 28
NZD/USD recovery loses steam at 0.5980
The New Zealand Dollar is paring some losses on Wednesday after having lost more than 1% on Tuesday. A hawkish RBNZ statement has provided some support to the Kiwi, but the overall USD strength is limiting upside attempts.The bank trimmed rates by 0.25% earlier today, to 3.25% as widely expected.Fxstreet
Wed, May 28
FOREX-Yen shrugs off tepid bond demand, dollar firms on trade deal hopes
Japanese bond yields whipsawed in recent weeks US dollar seeing bouts of strength on upbeat economic dataInvestors fret about fiscal health of major economies By Ankur Banerjee, Johann M Cherian and Linda Pasquini SINGAPORE/GDANSK, May 28 (Reuters) - Japan's yen was steady on Wednesday as ruc...Reuters
Wed, May 28
GBP/JPY Price Forecast: Sees more upside above 196.50
The GBP/JPY pair corrects to near 194.50 during European trading hours on Wednesday after refreshing an almost two-week high around 195.60 the previous day. The pair faces selling pressure as the Pound Sterling (GBP) underperforms after a strong run-up in the past few trading days.
Fxstreet
Wed, May 28
Risks to financial stability in Sweden have increased, Riksbank says
STOCKHOLM, May 28 (Reuters) - Risks to financial stability in Sweden have increased as a result of U.S. President Donald Trump's tariffs and the administration's foreign policy agenda, the central bank said on Wednesday."The sharp shifts in U.S. trade and security policy have caused subs...Reuters
Wed, May 28
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