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Forex
FOREX-Dollar trades sideways before tax vote, Aussie holds gain before RBA
By Rocky Swift TOKYO, May 20 (Reuters) - The dollar traded sideways on Tuesday after declining for a week, hemmed in by the Federal Reserve's caution over the economy and as U.S. lawmakers came closer to passing a bill expected to widen the nation's fiscal deficit.The greenback sold off b...Reuters
Tue, May 20
Cryptocurrencies
Ethereum Price Flashes Bullish Signal, But Can It Power Through Obstacles?
Ethereum price found support at $2,320 and started a fresh increase. ETH is now rising and might aim for a move above the $2,650 resistance zone. Ethereum started a decent increase above the $2,450 and $2,500 levels. The price is trading above $2,500 and the 100-hourly Simple Moving Average. There w...NewsBTC
Tue, May 20
Cryptocurrencies
Bitcoin At $103,000 Relatively Cool Per This Indicator, Quant Says
A quant has pointed out how the Mayer Multiple could suggest Bitcoin is still not overheated at $103,000 when compared to past trend. Bitcoin Mayer Multiple Z-Score Is Still Under Its Mean In a post on X, quant Frank has talked about how the Mayer Multiple of Bitcoin is looking right now. The “...NewsBTC
Tue, May 20
Cryptocurrencies
Bitcoin On Edge Of Extreme Greed—Is Euphoria Coming?
Data shows the Bitcoin trader sentiment has been teetering on the edge of extreme greed for the last few days, a sign that a break may be coming. Bitcoin Fear & Greed Index Is Sitting On The Boundary Of Extreme Greed The “Fear & Greed Index” refers to an indicator created by Alte...Bitcoinist
Tue, May 20
Cryptocurrencies
5 Best Cryptocurrencies to Buy Before June 2025: Cardano, Avalanche, and OFFICIAL $TRUMP Could Be This Quarter’s Most Undervalued Altcoin Plays
Introduction As the crypto market braces for summer volatility, a handful of altcoins are being highlighted by analysts as undervalued opportunities with strong upside before June 2025. From institutional Layer-1 giants to narrative-driven tokens and pre-listing breakouts, this list represents a strategic blend of infrastructure, utility, and momentum. Here are five cryptocurrencies traders are watching […]Cryptopolitan
Tue, May 20
Stocks
CSPC Pharma rises to 7-month high as lung cancer drug gets FDA's Fast Track designation
** Shares of CSPC Pharmaceutical Group 1093.HK jump 9.6% to HK$6.51, their highest levels since October 22 ** Stock on course for a third straight session of gains, if current trend holds ** Stock marks the biggest intraday pct gain since April 1 and is third-biggest pct gainer in the Hong Kong'...Reuters
Tue, May 20
Forex
USD/INR gathers strength on bets for more RBI rate cuts
The Indian Rupee (INR) weakens on Tuesday. Consumer inflation in India fell more than expected to a near six-year low in April, strengthening bets that the Reserve Bank of India (RBI) is due to extend its rate cutting cycle. This, in turn, undermines the Indian currency.Fxstreet
Tue, May 20
Other
US terminates $60 million in Harvard grants over alleged antisemitism
May 20 (Reuters) - The U.S. Department of Health and Human Services said on Monday that it is terminating $60 million in federal grants to Harvard University due to its "failure to address anti-Semitic harassment and race discrimination."Reuters
Tue, May 20
Forex
Japan-US to base talks on past FX agreement, Kato says
By Leika Kihara TOKYO, May 20 (Reuters) - Japanese Finance Minister Katsunobu Kato said on Tuesday he expects any bilateral meeting with U.S. Treasury Secretary Scott Bessent on exchange rates to be based on their shared view that excessive currency volatility was undesirable."In our previous...Reuters
Tue, May 20
Forex
NZD/USD remains subdued near 0.5900 following PBoC rate cut
NZD/USD edges lower during Tuesday’s Asian session, trading around 0.5920 after climbing over 0.50% in the previous session. The pair remained under pressure following the People's Bank of China's (PBoC) latest interest rate decision.
Fxstreet
Tue, May 20
Economic Indicator
Vietnam says second round of trade talks started in Washington
HANOI, May 20 (Reuters) - Vietnam's trade ministry said a second round of trade negotiations with the United States has started in Washington, with the Southeast Asian country hoping to avoid a threatened 46% tariff rate.The second round of talks began on Monday and will run until May 22, the mi...Reuters
Tue, May 20
Other
PRESS DIGEST-British Business - May 20
May 20 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories, and does not vouch for their accuracy.The Times- A legal stalemate over how much money Mike Lynch's estate may have to pay Hewlett Packard HPE.N, in one of th...Reuters
Tue, May 20
Other
Japan’s Kato hints at plans to speak with US Treasury Secretary Scott Bessent on FX this week
Japan’s Finance Minister Shunichi Kato said on Tuesday that he expects any talks with US Treasury Secretary Scott Bessent this week to be based on this understanding of foreign exchange.Fxstreet
Tue, May 20
Forex
Australian Dollar remains subdued following PBoC’s Interest Rate Decision, RBA eyed
The Australian Dollar (AUD) dips against the US Dollar (USD) on Tuesday, following a gain of over 0.50% in the previous session. The AUD/USD pair remains under pressure after the People's Bank of China (PBoC) announced its Interest Rate Decision.
Fxstreet
Tue, May 20
Other
Thailand says wants fair trading relationship with U.S.
BANGKOK, May 20 (Reuters) - Thailand is committed to creating a fair relationship in trade and investment with the United States and expects more collaboration with the U.S. in the energy sector, Finance Minister Pichai Chunhavajira said on Tuesday.Reuters
Tue, May 20
