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CAD up marginally and a relative underperformer – Scotiabank
The Canadian Dollar (CAD) is up marginally vs. the US Dollar (USD) and continuing to underperform its G10 peers for a second consecutive session, trading with the broader trend but with moves of a smaller magnitude, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USD/CAD
Fxstreet
Wed, May 14
USD/CAD steady below 1.3950 as soft US inflation weighs on the US Dollar
The USD/CAD pair remains under pressure for the second consecutive day, trading flat near 1.3950 during Wednesday’s European trading hours.
USD/CAD
Fxstreet
Wed, May 14
FOREX-Dollar extends losses, Korea's won in focus
Dollar down 1.3% on won after US-Korea FX talks CPI data adds to case for Fed to resume rate cutsMarkets watch developments in China trade talksDollar down about 3% since Trump's 'Liberation Day' tariffsBy Kevin Buckland and Linda Pasquini TOKYO/GDANSK, May 14 (Reuters) - The U.S. dol...
Reuters
Wed, May 14
Mexican Peso hits fresh YTD high as Banxico rate cut, Fed signals, and US trade tensions loom
The Mexican Peso (MXN) posts a second consecutive day of gains on Wednesday against the US Dollar (USD), slipping below 19.40 ahead of key commentary from Federal Reserve (Fed) officials that could influence the monetary policy outlook.
USD/MXN
Fxstreet
Wed, May 14
EXCLUSIVE-ECB supervisors press banks on dollar funding over Trump concerns, sources say
EU supervisors step up demands to reduce liquidity risks, sources saySenior bankers assess unprecedented scenarios of Fed withholding dollars in emergencyRisks of Fed dollar freeze in crisis seen at 5% from 0% before, source saysBy Stefania Spezzati, Jesús Aguado, Lawrence White and Elisa Martinuzz...
Reuters
Wed, May 14
GBP/JPY Price Forecast: Retraces from four-month high above 196.50
The GBP/JPY pair corrects to near 194.45 during European trading hours on Wednesday from its four-month high of 196.40 posted earlier in the day.
GBP/JPY
Fxstreet
Wed, May 14
Sterling snaps seven-day streak of gains against the euro
May 14 (Reuters) - Sterling slid against the euro on Wednesday after seven straight days of gains, while it rose against a weakened dollar as the market shed the initial optimism from a de-escalation in U.S.-China trade tensions at the beginning of the week.
EUR/GBP
EUR/USD
GBP/USD
Reuters
Wed, May 14
Turkey's Simsek says economic transformation on track despite slower growth
By Libby George and Karin Strohecker LONDON, May 14 (Reuters) - Turkey's finance minister said the country's economic transformation was on track and that the country was prepared to deal with slower growth. Finance Minister Mehmet Simsek said that tighter financial conditions, lower oil ...
Reuters
Wed, May 14
EUR: Not in a prime position to rally – ING
EUR/USD is back to trading close to the 1.120 mark, entirely driven by the swings in the dollar following the US-China deal and CPI numbers, ING's FX analyst Francesco Pesole notes.
EUR/USD
Fxstreet
Wed, May 14
AUD/USD climbs as Australian wage growth beats expectations
The Australian Dollar (AUD) strengthened further against the US Dollar (USD) on Wednesday, with the AUD/USD pair rising close to the 0.6500 psychological level, up nearly 2% so far this week, buoyed by a combination of weaker US Consumer Price Index (CPI) data and stronger-than-expected wage growth
AUD/USD
Fxstreet
Wed, May 14
USD/JPY plummets below 146.00 as soft US CPI data batters Greenback
The USD/JPY pair plunges to near 145.80 during European trading hours on Wednesday. The pair faces a sharp sell-off as the US Dollar (USD) has been hit hard by the soft United States (US) Consumer Price Index (CPI) data for April.
USD/JPY
Fxstreet
Wed, May 14
AUD/USD: Cheering the US-China de-escalation – ING
USD and the Australian dollar are the biggest beneficiaries in G10 from a de-escalation in US-China trade tensions, ING's FX analysts Francesco Pesole and Chris Turner note.
AUD/USD
Fxstreet
Wed, May 14
USD/JPY: Further USD strength is likely – UOB Group
US Dollar (USD) is likely to trade in a range between 146.70 and 148.20. In the longer run, further USD strength is likely, but it could first trade in a range for a few days; the level to monitor is 149.30, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD/JPY
Fxstreet
Wed, May 14
USD/CAD: Case for 1.40+ is stronger now – ING
USD/CAD observed volatility has eased back significantly, as the loonie seems to be trading again as an extension of US-growth sentiment – and is therefore more correlated with USD, ING's FX analysts Francesco Pesole and Chris Turner note.
USD/CAD
Fxstreet
Wed, May 14
EUR/USD extends recovery as soft US inflation data keeps US Dollar on backfoot
EUR/USD moves higher to near 1.1250 during European trading hours on Wednesday, extending Tuesday’s gains.
EUR/USD
Fxstreet
Wed, May 14
Goldman Sachs says investors trim dollar holdings, return to neutral position on US
Investors return to neutral positions on US dollar assets, says WaldronUS-China trade truce boosts stocks, dollarTariffs impact M&A activity, causing deal pauses, Waldron notesBy Saeed Azhar and Megan Davies NEW YORK, May 14 (Reuters) - Goldman Sachs President John Waldron said a recent light...
Reuters
Wed, May 14
RPT-COLUMN-Historic US budget alarm replaces tariff anxiety: Mike Dolan
By Mike Dolan LONDON, May 14 (Reuters) - Relief following the tariff war de-escalation looks set to be quickly replaced by government budget tensions. Alarms are ringing loudly as the U.S. hits an historic debt metric even as the administration is seeking to extend tax cuts.Republicans in the U.S...
Reuters
Wed, May 14
NZD/USD: Likely to rise further – UOB Group
New Zealand Dollar (NZD) is likely to rise further; it is unlikely to be able to break clearly above 0.5965. In the longer run, outlook is mixed; NZD is expected to trade in a 0.5835/0.6030 range, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
NZD/USD
Fxstreet
Wed, May 14
Sony forecasts flat profit this year as tariffs hit
Sony forecast factors in 100 bln yen tariff impactTariff impact forecast does not reflect U.S.-China trade deal PS5 sales fell 37% in the fourth quarter Sony expects first-party titles to boost games unit this yearSpin-off of financial unit to take place in October By Sam Nussey TOKYO, May 14 (Re...
Reuters
Wed, May 14
AUD/USD: Any advance is likely part of a higher range of 0.6420/0.6515 – UOB Group
Scope for further Australian Dollar (AUD) strength against the US Dollar (USD), but any advance is likely part of a higher range of 0.6420/0.6515. In the longer run, to continue to rise, AUD must break and hold above 0.6515, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
AUD/USD
Fxstreet
Wed, May 14
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