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FOREX-Dollar extends losses, Korea's won in focus
Dollar down 1.2% 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, May 14 (Reuters) - The U.S. dollar ext...Reuters
Wed, May 14
GBP/USD: Likely to trade in a 1.3140/1.3405 range – UOB Group
Pound Sterling (GBP) could continue to rebound against US Dollar (USD), but any advance is likely limited to a test of 1.3340. In the longer run, buildup in momentum has faded; GBP is likely to trade in a 1.3140/1.3405 range, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, May 14
South Korea's deputy finance minister discussed forex with US Treasury official
By Cynthia Kim and Yena Park SEOUL, May 14 (Reuters) - South Korea's deputy finance minister Choi Ji-young met with Assistant Secretary for International Finance at the U.S. Treasury, Robert Kaproth, to discuss the dollar/won market on May 5, a South Korean government official said on Wednesd...Reuters
Wed, May 14
Turkey sees "genuine" disinflation prospects, says central bank deputy governor
LONDON, May 14 (Reuters) - Turkey is facing genuine disinflation prospects, its deputy central bank governor said on Wednesday, adding that it was replenishing reserves following the hit to them in the wake of recent political turmoil."For the first time, I believe we are facing genuine disinfla...Reuters
Wed, May 14
Turkey finance minister Simsek says economy is on track despite slower growth
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 prices and a weaker dollar were likely t...Reuters
Wed, May 14
NZD/USD Price Forecast: Rises to near 0.5950 after breaking above nine-day EMA
The NZD/USD pair holds gains after registering approximately 1.50% gains in the previous session, trading around 0.5940 during the European hours on Wednesday. The technical analysis of the daily chart indicates a neutral stance, as the pair continues to consolidate within a rectangular range.
Fxstreet
Wed, May 14
South Korea's deputy finance minister discussed forex with US Treasury official
SEOUL, May 14 (Reuters) - South Korea's deputy finance minister Choi Ji-young met with Assistant Secretary for International Finance at the U.S. Treasury, Robert Kaproth, to discuss the dollar/won market on May 5, a South Korean government official said on Wednesday.The two met on the sidelines ...Reuters
Wed, May 14
USD/CAD stays below 1.3950 due to potential widening of US-Canada yield spread
USD/CAD remains subdued for the second consecutive session, hovering near 1.3930 during early European trading on Wednesday. The US Dollar (USD) lost ground after April’s Consumer Price Index (CPI) figures came in below forecasts, prompting a shift in market sentiment.
Fxstreet
Wed, May 14
Eyecare company Alcon's shares plunge on revised 2025 outlook
By Anastasiia Kozlova May 14 (Reuters) - Swiss eye care group Alcon's ALCC.S, ALC.N shares fell sharply on Wednesday after the company revised its 2025 outlook to reflect the impact of U.S. tariffs and as it reported first-quarter results below estimates.Late on Tuesday, Alcon raised its 2025...Reuters
Wed, May 14
EUR/INR today: Indian Rupee cross rates edge higher at the start of the European session
Indian Rupee (INR) crosses trade on the front foot at the beginning of Wednesday, according to FXStreet data. The Euro (EUR) to the Indian Rupee changes hands at 95.49, with the EUR/INR pair rising from its previous close at 95.41.Fxstreet
Wed, May 14
Inter-dealer broker TP ICAP posts record quarter as tariffs fuel revenue surge
May 14 (Reuters) - British inter-dealer broker TP ICAP TCAPI.L reported its best-ever quarter on Wednesday, with first-quarter revenue rising 10%, driven by heightened market volatility stemming from U.S. tariffs. Global markets have fluctuated since U.S. President Donald Trump announced his trad...Reuters
Wed, May 14
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