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GBP/USD surges past 1.3500 to a three-year high on strong UK Retail Sales, weak US Dollar
The British Pound (GBP) rises sharply against the US Dollar (USD) to its highest level in three years on Friday.
GBP/USD
Fxstreet
Fri, May 23
EUR/GBP consolidates on positive UK Retail Sales and Trump’s EU tariff threat
The Euro (EUR) is trading in a tight range against the British Pound (GBP) after Friday’s positive UK Retail Sales data and a resurgence of tariff uncertainty contributed to global risk sentiment.
EUR/GBP
Fxstreet
Fri, May 23
AUD/USD eyes breakout above 0.6500 amid weak US Dollar
The Australian Dollar (AUD) pushes higher against the US Dollar (USD), reaching a fresh weekly high near 0.6480 on Friday, up more than 1.20% on the day.
AUD/USD
Fxstreet
Fri, May 23
USD/CAD tumbles to two-week low after five-day sell-off
The Canadian Dollar (CAD) strengthens further against the US Dollar (USD) on Friday, marking a five-day rally.
USD/CAD
Fxstreet
Fri, May 23
EUR/JPY slumps to near 161.00 as Trump threatens 50% tariffs on Eurozone
The EUR/JPY pair slides to near 161.00 during North American trading hours on Friday, the lowest level seen in a month.
EUR/JPY
Fxstreet
Fri, May 23
USD/JPY: Bearish bias on the daily charts – OCBC
USD/JPY continued to trade lower, tracking USD and UST yields lower. Last at 142.55 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
USD/JPY
Fxstreet
Fri, May 23
FOREX-Trump's 50% tariff threat trims euro's gains against dollar
Euro pares gains after Trump talks of hitting EU with 50% tariffYen catches safe-haven boost as dollar index sinksTrump also threatens 25% tariffs to Apple on non-US made iPhonesBy Chuck Mikolajczak NEW YORK, May 23 (Reuters) - The euro pared gains sharply on Friday, after U.S. President Donald T...
Reuters
Fri, May 23
USD/CHF declines due to Trump's tariff threat on the EU and rising risk aversion
The Swiss Franc (CHF) continues to strengthen against the US Dollar (USD) on Friday, with concerns over the health of the United States (US) economy weighing on the Greenback.
USD/CHF
Fxstreet
Fri, May 23
Polish trade minister plays down 50% U.S. tariff threat, says US-EU trade talks ongoing
By Jan Strupczewski BRUSSELS, May 23 (Reuters) - Polish Trade Minister Michal Baranowski played down on Friday the threat of the United States imposing 50% tariffs on European goods from June 1 as a move in the ongoing negotiations, underlining there was time for EU-U.S. talks until early Jul...
Reuters
Fri, May 23
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Friday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.4% higher at C$1.3795 to the greenback, or 72.49 U.S. cents, after trading in a range of 1.3795 to 1.3863.Canadian government 10-year bond yields CA10YT...
Reuters
Fri, May 23
Mexican Peso holds gains as US House approval of Trump’s Big, Beautiful Bill rattles markets
The Mexican Peso (MXN) is benefiting from the renewed US Dollar (USD) weakness on Friday, which is driven by concerns over the health of the United States (US) deficit after the US House of Representatives voted in favour of Trump’s administration tax and spending bill.
USD/MXN
Fxstreet
Fri, May 23
Polish trade minister plays down 50% U.S. tariff threat, says U.S. EU trade talks ongoing
BRUSSELS, May 23 (Reuters) - Poland's Trade Minister Michal Baranowski played down on Friday the threat of the United States imposing 50% tariffs on European goods from June 1 as part of ongoing negotiations, underlining there was time for EU-U.S. talks until early July.Earlier on Friday, Presid...
Reuters
Fri, May 23
FOREX-Euro drops as Trump threatens 50% tariff on EU
Euro pares gains after Trump talks of hitting EU with 50% tariffYen catches safe-haven boost as dollar index sinksTrump also threatens 25% tariffs to Apple on non-US made iPhonesBy Amanda Cooper LONDON, May 23 (Reuters) - The euro fell on Friday, reversing earlier gains after U.S. President Donal...
Reuters
Fri, May 23
USD/JPY slips as Japan’s core inflation hits two-year high
The Japanese Yen (JPY) continues to appreciate against the US Dollar (USD), extending gains after Japan’s core consumer inflation surprised to the upside.
USD/JPY
Fxstreet
Fri, May 23
GBP trades at 1.35, highest since 2022 – Scotiabank
Pound Sterling (GBP) gains are extending to near 1.35, leaving spot trading at its highest since early 2022, Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBP/USD
Fxstreet
Fri, May 23
CAD gains set to extend – Scotiabank
Canadian Dollar (CAD) gains are lagging most of its peers on the day and over the week but a 1%-plus rise since Monday so far nevertheless puts the CAD on course to extend its rebound.
USD/CAD
Fxstreet
Fri, May 23
USD/JPY: Further USD declines are not ruled out – UOB Group
Further US Dollar (USD) declines are not ruled out, but deeply oversold conditions and tentative slowing of downward momentum could first lead to consolidation, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
USD/JPY
Fxstreet
Fri, May 23
EUR rebounds, helped by German GDP revision – Scotiabank
The Euro (EUR) remains well-supported on dips, with spot trading close to a cent above yesterday’s session low, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EUR/USD
Fxstreet
Fri, May 23
NZD/USD rallies to near 0.5960 as New Zealand Dollar outperforms across the board
The NZD/USD pair surges almost 1% to near 0.5960 during European trading hours on Friday. The Kiwi pair soars as the New Zealand Dollar (NZD) outperforms its peers on stronger-than-projected New Zealand (NZ) Q1 Retail Sales data.
NZD/USD
Fxstreet
Fri, May 23
JPY: A July BoJ hike is underpriced – ING
The chances of a Bank of Japan hike in July are very much underpriced, ING's FX analyst Chris Turner notes.
USD/JPY
Fxstreet
Fri, May 23
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