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AUD/JPY trades with modest losses above 95.00, remains close to two-month top set on Tuesday
The AUD/JPY cross attracts some sellers during the Asian session on Wednesday, and for now, it seems to have snapped a two-day winning streak to the 95.65 area, or a nearly two-month high touched the previous day.
Fxstreet
Wed, May 14
USD/CHF breaks below 0.8400, downside appears limited due to dovish SNB policy outlook
The USD/CHF pair continues to lose ground for the second consecutive day, trading near 0.8390 during Wednesday’s Asian session. Downside risks appear limited, as growing expectations of further monetary easing by the Swiss National Bank (SNB) weaken the Swiss Franc (CHF).
Fxstreet
Wed, May 14
NZD/USD advances to near 0.5950 as US Dollar weakens on soft inflation data
The NZD/USD pair advanced for the second consecutive session, hovering around 0.5940 during Wednesday’s Asian trading hours. The pair strengthened as the US Dollar (USD) came under pressure following softer-than-expected US inflation figures.
Fxstreet
Wed, May 14
Brazil seeks currency alternatives for trade without fighting dollar, says Lula
SAO PAULO, May 13 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Tuesday during a visit to China that Brazil does not want to fight the U.S dollar, but rather finding a solution that would allow trade without depending on a single currency. "What we want, actually, is create ...Reuters
Wed, May 14
Australia, New Zealand dollars maintain strong gains as global economy outlook brightens
By Stella Qiu SYDNEY, May 14 (Reuters) - The Australian and New Zealand dollars basked in the glow of robust overnight gains on Wednesday, as the U.S. and China de-escalated tariff tensions, brightening the outlook for the global economy and sparking a rebound in commodity prices.A pullback in th...Reuters
Wed, May 14
USD/INR weakens as tensions between India and Pakistan ease
The Indian Rupee (INR) gathers strength on Wednesday on the back of the US-China trade agreement and a ceasefire agreement between India and Pakistan. Analysts said that any fresh developments on the geopolitical front are likely to significantly influence the INR’s trajectory in the near term.Fxstreet
Wed, May 14
FOREX-Dollar steadies with trade talks in frame after sliding on cooler US inflation
Softer-than-expected CPI backs case for Fed to resume rate cutsMarkets watching developments in China trade talksDollar down about 3% since Trump's "Liberation Day" tariffsBy Kevin Buckland TOKYO, May 14 (Reuters) - The U.S. dollar stabilised on Wednesday following its biggest decline...Reuters
Wed, May 14
Australian Dollar holds gains following Wage Price Index data release
The Australian Dollar (AUD) extends its gains against the US Dollar (USD) on Wednesday after registering more than 1.50% gains in the previous session. The AUD/USD pair strengthened as the US Dollar weakened following softer-than-expected US inflation data.
Fxstreet
Wed, May 14
USD/CAD softens below 1.3950 as US inflation slowed more than expected in April
The USD/CAD pair weakens to near 1.3925 during the early Asian session on Wednesday. The US Dollar (USD) edges lower against the Canadian Dollar (CAD) after inflation data came in below market expectations.
Fxstreet
Tue, May 13
EUR/USD rebounds on Tuesday as Greenback bids wither
EUR/USD rose on Tuesday, clawing back most of the week’s starting losses. The pair is now testing back into the 1.1200 handle, thanks to a general broad-market weakening in the Greenback than any particular bullish momentum bootstrapping Euro market flows.Fxstreet
Tue, May 13
Mexican Peso hits YTD high as US CPI miss, tariff truce sink USD
The Mexican Peso (MXN) rallied to a new year-to-date (YTD) high against the US Dollar (USD) after a softer-than-expected inflation report in the United States (US) weighed on the Greenback. Also, an improvement in risk appetite boosted the emerging market (EM) currency’s appeal.
Fxstreet
Tue, May 13
NZD/USD rallies as Dollar Eases on Trade Uncertainty and CPI Miss
NZD/USD trades around the 0.5900 level during the North American session on Tuesday, benefiting from a softer US Dollar (USD) and improving risk sentiment. US President Donald Trump dominated headlines, reiterating his aggressive stance on trade and investment policies.Fxstreet
Tue, May 13
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