Current news is English only but we will be adding multilingual news - check back soon.
EU trade commissioner Šefčovič says will meet with Lutnick at OECD meeting
EU trade commissioner Šefčovič says will meet with Lutnick at OECD meeting
The OECD Ministerial Council Meeting will take place on 3 to 4 June
Politics
Pound Sterling outperforms US Dollar on soft US PPI, upbeat UK GDP data
Pound Sterling outperforms US Dollar on soft US PPI, upbeat UK GDP data
The Pound Sterling (GBP) jumps slightly above 1.3300 against the US Dollar in North American trading hours. The GBP/USD pair gains as the US Dollar faces selling pressure after the release of the softer-than-expected United States (US) Producer Price Index (PPI) report for April.
GBPUSD
GDP
Fed
BOE
SEO
Germany’s Klingbeil: EU prepared to act if US tariff talks fail
Germany’s Klingbeil: EU prepared to act if US tariff talks fail
German Finance Minister Lars Klingbeil told the parliament on Thursday, "we must respond to the US tariffs with unity and determination.”
Germany
EURUSD
UnitedStates
TradeWar
Forex Today: US Dollar under pressure ahead of key US data, Powell speech
Forex Today: US Dollar under pressure ahead of key US data, Powell speech
Here is what you need to know on Thursday, May 15:
Majors
Macroeconomics
Currencies
Commodities
EconomicIndicator
US Treasury Sec. Bessent: We are going into negotiations with China to prevent escalation again
US Treasury Sec. Bessent: We are going into negotiations with China to prevent escalation again
US Treasury Secretary Scott Bessent said on Thursday, “we are going into a series of negotiations with China to prevent escalation again.”
UnitedStates
China
TradeWar
DollarIndex
US Bessent: We are going into a series of negotiations with China
US Bessent: We are going into a series of negotiations with China
Comments from the US Treasury Secretary, Scott Bessent
NZD/USD remains stronger near 0.5900 as US Dollar struggles ahead of key economic data
NZD/USD remains stronger near 0.5900 as US Dollar struggles ahead of key economic data
NZD/USD appreciates after registering a loss of more than 0.50% in the previous session, trading around 0.5910 during the early European hours on Thursday.
NZDUSD
Macroeconomics
Majors
NewZealand
European indices hold more sluggish at the open today
European indices hold more sluggish at the open today
Equities get pushed back after the jump earlier in the week
EUR/INR today: Indian Rupee cross rates edge higher at the start of the European session
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 Thursday, according to FXStreet data. The Euro (EUR) to the Indian Rupee changes hands at 96.11, with the EUR/INR pair rising from its previous close at 95.43.
USDINR
Currencies
EmergingMarkets
Macroeconomics
Trump: India offered the US a deal, one with zero tariffs
Trump: India offered the US a deal, one with zero tariffs
Further remarks from Trump, this time touching on trade
Politics
US Presi. Trump: I think we are getting very close to getting a deal with Iran
US Presi. Trump: I think we are getting very close to getting a deal with Iran
US President Donald Trump said on Thursday, “I think we are getting very close to getting a deal with Iran.”
UnitedStates
Politics
RiskAversion
Iran
WTI
Trump: I think we are getting very close to getting a deal with Iran
Trump: I think we are getting very close to getting a deal with Iran
Just yesterday, he threatened "maximum pressure" on Iran
Politics
Trump: We're getting close to doing a deal with Iran
Trump: We're getting close to doing a deal with Iran
Comments from Trump weighing on oil prices
EUR/GBP holds positive ground above 0.8400 after UK GDP data
EUR/GBP holds positive ground above 0.8400 after UK GDP data
The EUR/GBP cross pares recent gains near 0.8430 during the early European session on Thursday. The Pound Sterling (GBP) edges higher after the release of UK growth numbers.
EURGBP
Crosses
Macroeconomics
France April final CPI +0.8% vs +0.8% y/y prelim
France April final CPI +0.8% vs +0.8% y/y prelim
Latest data released by INSEE - 15 May 2025
What are the main events for today?
What are the main events for today?
The highlights include the US PPI, US Jobless Claims and US Retail Sales, and Fed Chair Powell speech
market overview
Palladium price today: Rare metals down at the start of the European session
Palladium price today: Rare metals down at the start of the European session
Platinum Group Metals (PGMs) trade with a negative tone at the beginning of Thursday, according to FXStreet data. Palladium (XPD) changes hands at $950.05 a troy ounce, with the XPD/USD pair easing from its previous close at $955.70.
Platinum
Palladium
Commodities
Switzerland April producer and import prices +0.1% vs +0.1% m/m prior
Switzerland April producer and import prices +0.1% vs +0.1% m/m prior
Latest data released by the Federal Statistics Office - 15 May 2025
Crude Oil price today: WTI price bearish at European opening
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $60.97 per barrel, down from Wednesday’s close at $62.45.
Oil
WTI
Commodities
Eurostoxx futures -0.3% in early European trading
Eurostoxx futures -0.3% in early European trading
A more tepid mood as US futures also slip
UK Preliminary GDP advances 0.7% QoQ in Q1 2025 vs. 0.6% expected
UK Preliminary GDP advances 0.7% QoQ in Q1 2025 vs. 0.6% expected
The UK economy grew 0.7% QoQ in the three months to March 2025, following a 0.1% increase in the final quarter of 2024. The data beat the estimated 0.6% rise in the reported period.
GDP
EconomicIndicator
GBPUSD
UnitedKingdom
UK March monthly GDP +0.2% vs 0.0% m/m expected
UK March monthly GDP +0.2% vs 0.0% m/m expected
Latest data released by ONS - 15 May 2025
UK Q1 preliminary GDP +0.7% vs +0.6% q/q expected
UK Q1 preliminary GDP +0.7% vs +0.6% q/q expected
Latest data released by ONS - 15 May 2025
GBP/JPY Price Forecast: Remains under selling pressure below 194.00, bullish bias prevails
GBP/JPY Price Forecast: Remains under selling pressure below 194.00, bullish bias prevails
The GBP/JPY cross remains under some selling pressure around 193.85 during the early European session on Thursday. The Japanese Yen (JPY) edges higher against the Pound Sterling (GBP) amid the prospect that the Bank of Japan (BoJ) will hike rates again.
GBPJPY
Technical Analysis
Crosses
Bullish
USD/CHF trades with negative bias around 0.8400, downside potential seems limited
USD/CHF trades with negative bias around 0.8400, downside potential seems limited
The USD/CHF pair struggles to capitalize on the previous day's modest gains and meets with a fresh supply during the Asian session on Thursday.
USDCHF
Inflation
Fed
RiskAppetite
Currencies
FX option expiries for May 15 NY cut
FX option expiries for May 15 NY cut
FX option expiries for May 15 NY cut at 10:00 Eastern Time via DTCC can be found below.
Options
Currencies
NZDUSD
US, China said to have had bilateral engagement on sidelines of APEC conference
US, China said to have had bilateral engagement on sidelines of APEC conference
This according to South Korea's trade minister, Cheong In-kyo
Politics
USD/CAD Price Forecast: Remains below 1.4000 confluence hurdle ahead of US PPI, Fed's Powell
USD/CAD Price Forecast: Remains below 1.4000 confluence hurdle ahead of US PPI, Fed's Powell
The USD/CAD pair struggles to capitalize on the previous day's goodish rebound from the 1.3900 mark and attracts fresh sellers during the Asian session on Thursday. Spot prices, however, lack bearish conviction and currently trade around the 1.3865 area, down less than 0.10% for the day.
USDCAD
Inflation
Fed
Technical Analysis
Currencies
India Gold price today: Gold falls, according to FXStreet data
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Thursday, according to data compiled by FXStreet.
Gold
Commodities
India
Metals
EUR/USD treads water near 1.1200 ahead of key Eurozone GDP data
EUR/USD treads water near 1.1200 ahead of key Eurozone GDP data
EUR/USD remains firm around 1.1200 during Thursday’s Asian session, recovering daily losses as the Euro (EUR) gains traction ahead of the preliminary Eurozone Gross Domestic Product (GDP) report for Q1 2025, due later in the day.
EURUSD
Macroeconomics
Majors
Eurozone
Gold price recovers further from one-month low; looks to US PPI and Powell for fresh impetus
Gold price recovers further from one-month low; looks to US PPI and Powell for fresh impetus
Gold price (XAU/USD) is looking to build on its modest intraday bounce from the $3,120 area, or the lowest level since April 10, touched earlier this Thursday, as a turnaround in the global risk sentiment boosts demand for traditional safe-haven assets.
Gold
Commodities
Fed
Inflation
SEO
Silver Price Forecast: XAG/USD breaks below $32.00 with developing bearish bias
Silver Price Forecast: XAG/USD breaks below $32.00 with developing bearish bias
Silver price (XAG/USD) is extending its losses for the second successive session, trading around $31.90 per troy ounce during the Asian hours on Thursday.
Silver
Technical Analysis
Majors
Commodities
Metals
USD/INR jumps as traders await US Retail Sales, PPI releases
USD/INR jumps as traders await US Retail Sales, PPI releases
The Indian Rupee (INR) softens on Thursday.
USDINR
SEO
India
Macroeconomics
EmergingMarkets
ForexLive Asia-Pacific FX news wrap: Oil lower on Iran wanting a deal
ForexLive Asia-Pacific FX news wrap: Oil lower on Iran wanting a deal
Forex news for Asian trading on Thursday, May 15, 2025
Session wrap
Wrap Asia
GBP/USD edges higher to near 1.3300 ahead of Q1 GDP data from UK
GBP/USD edges higher to near 1.3300 ahead of Q1 GDP data from UK
GBP/USD is rebounding from recent losses, trading near 1.3280 during the Asian session on Thursday. The pair is supported by a softer US Dollar (USD), as investors weigh ongoing trade-related uncertainties despite a slight easing in tensions.
GBPUSD
Majors
Macroeconomics
UnitedKingdom
BOE
How China will take over Taiwan. Without firing a shot.
How China will take over Taiwan. Without firing a shot.
China to take the island through the slow erosion of political cohesion, economic independence, and societal confidence, all without triggering a Western military response.
US Dollar Index holds losses below 101.00 ahead of key US economic data
US Dollar Index holds losses below 101.00 ahead of key US economic data
The US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, is trading lower at around 100.90 during Thursday's Asian session. The Greenback remains under pressure as investors assess ongoing trade-related uncertainties, despite a recent easing in tensions.
DollarIndex
Macroeconomics
Majors
Fed
UnitedStates
NZD/USD gathers strength to near 0.5900 ahead of US Retail Sales, PPI data
NZD/USD gathers strength to near 0.5900 ahead of US Retail Sales, PPI data
The NZD/USD pair trades in positive territory near 0.5900 during the Asian trading hours on Thursday. The New Zealand Dollar (NZD) strengthens against the Greenback due to improved risk sentiment.
NZDUSD
Majors
Macroeconomics
TradeWar