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AUD/JPY advances to near 93.00 as risk sentiment improves due to easing US-EU tensions
AUD/JPY extends its gains for the second successive day, trading around 93.00 during the European hours on Monday. The risk sentiment improves US President Donald Trump extended the 50% tariff deadline on the European Union (EU) from June 1 to July 9.
Fxstreet
Mon, May 26
Pound Sterling outperforms US Dollar on renewed concerns over Greenback’s credibility
The Pound Sterling (GBP) posts a fresh three-year high near 1.3600 against the US Dollar (USD) at the start of the week, amid holidays in the United Kingdom (UK) and the United States (US) markets on account of the Spring Bank Holiday and Memorial Day, respectively.
Fxstreet
Mon, May 26
Global central banks talk harsh new economic realities in Tokyo
BOJ's conference to debate IMF paper on 'inflation scares'Rate control, quantitative tightening also up for debateCentral banks face challenge of balancing growth, price risksBy Leika Kihara TOKYO, May 26 (Reuters) - It's Japan's version of the Fed's Jackson Hole symposium...Reuters
Mon, May 26
USD/CHF remains on the defensive near 0.8200 on US fiscal concerns
The USD/CHF pair remains on the defensive around 0.8200 during the early European trading hours on Monday. US trade policy uncertainty and concerns over fiscal health drag the US Dollar (USD) lower against the Swiss Franc (CHF).
Fxstreet
Mon, May 26
EUR/USD strengthens above 1.1400 as Trump delayed 50% tariffs on EU to July 9
The EUR/USD pair gathers strength to near 1.1415 during the early European session on Monday. The Euro (EUR) edges higher against the Greenback as US President Donald Trump extends the deadline for 50% EU tariffs until July 9.
Fxstreet
Mon, May 26
Asian currencies rise as US fiscal woes, policy shifts weigh on dollar
May 26 (Reuters) - Emerging Asian currencies firmed on Monday, aided by pressure on the dollar amid U.S. fiscal concerns, while risk appetite improved after U.S. President Donald Trump postponed his threat to impose 50% tariffs on EU goods by more than a month.Reuters
Mon, May 26
GBP/USD Price Forecast: Hits fresh 39-month highs near 1.3600
The GBP/USD pair extends its winning streak for the second successive session, trading around 1.3580 during Monday's Asian hours. The technical analysis of the daily chart suggests that a bullish bias prevails as the pair moves upwards within an ascending channel pattern.Fxstreet
Mon, May 26
INDIA RUPEE-Rupee rises above 85/USD hoisted by fragile dollar, stronger yuan
By Jaspreet Kalra MUMBAI, May 26 (Reuters) - The Indian rupee and other Asian currencies extended their recent rallies on Monday, as abrupt shifts in U.S. trade policy and concerns over fiscal health kept the dollar under pressure.The rupee INR=In rose past the 85 per U.S. dollar mark for the fir...Reuters
Mon, May 26
NZD/USD moves above 0.6000 despite NZIER’s recommendation for a rate cut
NZD/USD hits fresh six-month highs, with trading around 0.6030 during the Asian hours on Monday. The pair continues its winning streak for the second successive day as the US Dollar remains under downward pressure amid rising United States (US)-debt concerns.Fxstreet
Mon, May 26
FOREX-Euro jumps, dollar swoons as Trump relents on EU tariff threat
Risk-sensitive currencies gain as growth worries recedeDollar assets also pressured by Trump's sweeping tax billU.S. currency even loses ground to safe-haven yen, francBy Kevin Buckland TOKYO, May 26 (Reuters) - The euro jumped along with risk-sensitive currencies like the Australian dollar o...Reuters
Mon, May 26
USD/INR holds steady despite softer US Dollar
The Indian Rupee (INR) flat lines on Monday after hitting its best performance in more than two years in the previous session. According to Bloomberg, the Indian currency’s biggest gain was seen after November 11, 2022, when it appreciated around 99 paise in a single day.Fxstreet
Mon, May 26
Australian Dollar advances as US Dollar depreciates due to rising debt concerns
The Australian Dollar (AUD) continues to gain ground against the US Dollar (USD) on Monday, marking fresh six-month highs. The AUD/USD pair receives support as the US Dollar remains under downward pressure amid rising uncertainty surrounding the United States (US) economy.
Fxstreet
Mon, May 26
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