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USD moves lower after data dump but there are some limits
USD moves lower after data dump but there are some limits
The bias is tilting lower for the USD in the short term.
WSJ Timiraos: This month is good, but what will the impact of tariffs going forward
WSJ Timiraos: This month is good, but what will the impact of tariffs going forward
The tariffs and the drop-off of low numbers from a year ago will impact the YoY figures going forward.
Thailand Targets Five "Unlicensed" Crypto Exchanges, Including Bybit, OKX in Latest Crackdown
Thailand Targets Five "Unlicensed" Crypto Exchanges, Including Bybit, OKX in Latest Crackdown
News Discussion Forum
By Finance Magnates
Thailand Targets Five "Unlicensed" Crypto Exchanges, Including Bybit, OKX in Latest Crackdown
Thailand’s financial watchdog “will block access” to five unlicensed cryptocurrency exchanges, including Bybit and OKX, in the latest effort to curb illicit financial activity and protect domestic ...
Looking for the Right CRM Solution? Meet AltimaCRM at iFX EXPO International 2025
Looking for the Right CRM Solution? Meet AltimaCRM at iFX EXPO International 2025
News Discussion Forum
By Finance Magnates
Looking for the Right CRM Solution? Meet AltimaCRM at iFX EXPO International 2025
Adaptable, Integrated & Powerful - AltimaCRM in three words. Join the hype at booth 135.
AltimaCRM
Canada real GDP grows 2.2% in first quarter vs. 1.7% expected
Canada real GDP grows 2.2% in first quarter vs. 1.7% expected
Canada's real Gross Domestic Product (GDP) grew by 0.5% on a quarterly basis in the first quarter, Statistics Canada reported on Friday. This reading matched the 0.5% expansion recorded in the last quarter of 2024.
Canada
GDP
Macroeconomics
USDCAD
Growth
US Trade Rep. Greer: Concerned with China's non-compliance, has to be addressed
US Trade Rep. Greer: Concerned with China's non-compliance, has to be addressed
In an interview with CNBC on Friday, United States Trade Representative (USTR) Jamieson Greer said that they are concerned with China's non-compliance and added that this situation has to be addressed, per Reuters.
UnitedStates
China
Macroeconomics
Politics
US Pres. Trump: China has totally violated its agreement with US
US Pres. Trump: China has totally violated its agreement with US
In a post published on Truth Social on Friday, United States (US) President Donald Trump said that China has violated its agreement with the US.
UnitedStates
China
Macroeconomics
Politics
The USD is mixed vs the 3 major currency pairs with prices near MA levels
The USD is mixed vs the 3 major currency pairs with prices near MA levels
Traders are waiting for the next shove with lots of data on the calendar including the Core PCE..
Germany annual CPI inflation holds steady at 2.1% as forecast
Germany annual CPI inflation holds steady at 2.1% as forecast
Inflation in Germany, as measured by the change in the Consumer Price Index (CPI), held steady at 2.1% on a yearly basis in May, Destatis' flash estimate showed on Friday. This reading came in line with the market expectation.
Germany
Inflation
CPI
EconomicIndicator
Macroeconomics
JPY outperforming as Tokyo CPI firms expectations for continued BoJ tightening – Scotiabank
JPY outperforming as Tokyo CPI firms expectations for continued BoJ tightening – Scotiabank
Japanese Yen (JPY) is strong and outperforming all of the G10 currencies, entering Friday’s NA session with a 0.3% gain against the US Dollar (USD), Scotiabank's Chief FX Strategist Shaun Osborne notes.
USDJPY
Japan
Banks
BOJ
Technical Analysis
GBP quietly consolidating recent push to multi-year high – Scotiabank
GBP quietly consolidating recent push to multi-year high – Scotiabank
Pound Sterling (GBP) is soft, trading down a modest 0.1% against the US Dollar (USD) and a mid-performer among the G10, Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBPUSD
Banks
Technical Analysis
Gold recovers quickly after US court ruling on Trump's tariffs – Commerzbank
Gold recovers quickly after US court ruling on Trump's tariffs – Commerzbank
The price of Gold briefly fell below the USD 3,250 per troy ounce mark on Thursday after it was announced that a US court had declared most of the tariffs imposed by US President Trump to be illegal, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
Gold
XAUUSD
Banks
Commodities
Metals
CAD steady in quiet trade – Scotiabank
CAD steady in quiet trade – Scotiabank
The Canadian Dollar (CAD) is little changed on the session. Broader market sentiment is relatively neutral, with European stocks a little firmer while US equity futures are currently trading lower.
USDCAD
Banks
Canada
Technical Analysis
BOC
EU carbon surplus rises 3% on RePowerEU supply – Commerzbank
EU carbon surplus rises 3% on RePowerEU supply – Commerzbank
According to figures published on Wednesday, the number of certificates in circulation (TNAC) at the end of 2024 stood at 1.148 billion, which was actually around 3% higher than in the previous year, Commerzbank's commodity analyst Barbara Lambrecht notes.
Banks
Commodities
Energy
US gasoline demand strong ahead of summer driving season – Commerzbank
US gasoline demand strong ahead of summer driving season – Commerzbank
Yesterday's weekly US inventory report halted the slide on the oil market, Commerzbank's commodity analyst Barbara Lambrecht notes.
Oil
Banks
Energy
Gas
USD/CAD consolidates within previous ranges, with 1.3835 holding bulls
USD/CAD consolidates within previous ranges, with 1.3835 holding bulls
The US Dollar is clinging to minor gains on Friday, with price action wavering within previous day’s ranges and the 4-hour RSI flat around the 50 level, which signals a lack of clear bias.The Dollar whipsawed on Thursday before closing the day with a 0.2% decline, as a federal court paused a previou
USDCAD
Currencies
DollarIndex
EUR soft in quiet trade – Scotiabank
EUR soft in quiet trade – Scotiabank
Euro (EUR) is soft, down 0.3% against the US Dollar (USD) and underperforming most of the G10 currencies in generally quiet trade, Scotiabank's Chief FX Strategist Shaun Osborne notes, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EURUSD
Banks
Technical Analysis
USD firmer but tariff, fiscal uncertainties persist – Scotiabank
USD firmer but tariff, fiscal uncertainties persist – Scotiabank
Tariffs were off Tuesday night and were back on again, at least for now, Thursday afternoon after a Federal Appeals Court allowed the president’s tariff plans to remain in place pending further rulings, Scotiabank's Chief FX Strategist Shaun Osborne notes.
DollarIndex
Banks
Technical Analysis
Fed
Forexlive European FX news wrap: Slow session as we await the US PCE release
Forexlive European FX news wrap: Slow session as we await the US PCE release
Forex news from the European morning session on May 30, 2025
Session wrap
Wrap Europe
USD/CNH: Likely to trade in a range of 7.1800/7.2000 – UOB Group
USD/CNH: Likely to trade in a range of 7.1800/7.2000 – UOB Group
US Dollar (USD) is likely to trade in a range of 7.1800/7.2000 against Chinese Yuan (CNH). In the longer run, for now, USD is likely to trade in a range between 7.1800 and 7.2300, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Banks
Technical Analysis
USDCNH
No giving in from Kazakhstan: Will other key producers follow suit? – Commerzbank
No giving in from Kazakhstan: Will other key producers follow suit? – Commerzbank
The press statement following Wednesday's OPEC+ meeting was extremely short.
Oil
Banks
Energy
WTI
All that Glitters Is Gold: Brokers Keep Cutting Spreads as Demand Surges
All that Glitters Is Gold: Brokers Keep Cutting Spreads as Demand Surges
News Discussion Forum
By Finance Magnates
All that Glitters Is Gold: Brokers Keep Cutting Spreads as Demand Surges
1. All that Glitters Is Gold . The next time your partner complains that you have too much jewellery, point them in the direction of gold CFD valuations.
USD/JPY declines below 144.00 as Japanese Yen strengthens on hot Tokyo CPI data
USD/JPY declines below 144.00 as Japanese Yen strengthens on hot Tokyo CPI data
The USD/JPY pair trades lower slightly below 144.00 during European trading hours on Friday. The asset weakens as the Japanese Yen (JPY) outperforms across the board after the Statistics Bureau of Japan reported a hotter-than-projected Tokyo Consumer Price Index (CPI) data for May.
USDJPY
BOJ
Inflation
DollarIndex
UnitedStates
Gold declines despite renewed US-China trade tensions
Gold declines despite renewed US-China trade tensions
Gold price (XAU/USD) slides to near $3,280 during North American trading hours on Friday, following a strong upside move the previous day.
Gold
XAUUSD
Fed
Inflation
SEO
USD/JPY: Oversold conditions indicate that any decline is unlikely to reach 142.80 – UOB Group
USD/JPY: Oversold conditions indicate that any decline is unlikely to reach 142.80 – UOB Group
Sharp drop in US Dollar (USD) could extend against Japanese Yen (JPY); oversold conditions indicate that any decline is unlikely to reach 142.80.
USDJPY
Technical Analysis
Banks
Gold is trading firmly amid trade uncertainty – Commerzbank
Gold is trading firmly amid trade uncertainty – Commerzbank
Gold prices are once again supported by geopolitical uncertainty. While prices dipped slightly after tariff delays, ongoing trade tensions continue to drive demand for the safe-haven meta, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
Gold
XAUUSD
Banks
Commodities
Metals
NZD/USD: Likely to trade between 0.5940 and 0.6000 – UOB Group
NZD/USD: Likely to trade between 0.5940 and 0.6000 – UOB Group
New Zealand Dollar (NZD) is likely to trade between 0.5940 and 0.6000. In the longer run, upward momentum has faded; NZD is likely to trade in a range between 0.5900 and 0.6000 for now, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
NZDUSD
Technical Analysis
Banks
Oil price caught between OPEC and geopolitics – Commerzbank
Oil price caught between OPEC and geopolitics – Commerzbank
The Oil market is likely to be eagerly awaiting tomorrow's decision by the eight OPEC+ countries that have voluntarily cut their production.
Oil
Banks
OPEC
Energy
Brent
AUD/USD: Likely to consolidate in a range of 0.6420/0.6470 – UOB Group
AUD/USD: Likely to consolidate in a range of 0.6420/0.6470 – UOB Group
Australian Dollar (AUD) is likely to consolidate in a range of 0.6420/0.6470 vs US Dollar (USD). In the longer run, for the time being, AUD is expected to trade in a range of 0.6380/0.6485, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
AUDUSD
Banks
Technical Analysis
AUD/USD retreats to levels near 0.6400 ahead with US inflation in the spotlight
AUD/USD retreats to levels near 0.6400 ahead with US inflation in the spotlight
The Aussie Dollar is retracing Thursday’s gains on Friday, with investors wary of holding large US Dollar shorts ahead of the release of US PCE inflation data.
AUDUSD
Currencies
Levels
USD: Trust in the US is shaken – Commerzbank
USD: Trust in the US is shaken – Commerzbank
Yesterday, there was a brief glimmer of hope that US courts might overturn the US government's tariff policy. The resulting recovery of the US dollar was short-lived. After an appeals court blocked a corresponding injunction, the dollar took a significant hit. Of course, the ruling is preliminary.
DollarIndex
Banks
Technical Analysis
US Elections
Fed
The Fed's preferred inflation measure is expected to show another improvement in April
The Fed's preferred inflation measure is expected to show another improvement in April
We have the US April PCE price index due to be released at 08:30 ET/12:30 GMT. What are the expectations from professional forecasters?