Forex News

Japan’s Trade Negotiator Akazawa: Want to meet with Bessent for ministerial talks

By Fxstreet

Japan’s Trade Negotiator Akazawa: Want to meet with Bessent for ministerial talks

Japan’s Chief Trade Negotiator and Economy Minister Ryosei Akazawa said on Thursday that he “wants to meet with US Treasury Secretary Scott Bessent this time” to conduct ministerial talks.

Japan

USDJPY

UnitedStates

TradeWar

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Crude Oil price today: WTI price bullish at European opening

News Discussion Forum

By Fxstreet

Crude Oil price today: WTI price bullish at European opening

West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $62.64 per barrel, up from Wednesday’s close at $61.62.

Oil

WTI

Commodities

Bullish

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Eurostoxx futures +1.1% in early European trading

News Discussion Forum

By Forex Live

Eurostoxx futures +1.1% in early European trading

A more buoyant mood as Trump's reciprocal tariffs hit a snag

Stocks

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Japan trade negotiator Akazawa says want to meet with Bessent for ministerial talks

News Discussion Forum

By Forex Live

Japan trade negotiator Akazawa says want to meet with Bessent for ministerial talks

Akazawa is leaving for Washington for tariff talks today and tomorrow

Politics

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GBP/USD drifts lower below 1.3450 ahead of US GDP release

News Discussion Forum

By Fxstreet

GBP/USD drifts lower below 1.3450 ahead of US GDP release

The GBP/USD pair trades in negative territory around 1.3435 during the early European session on Thursday. The Greenback strengthens against the Pound Sterling (GBP) after the US trade court blocks US President Donald Trump's sweeping tariffs.

GBPUSD

Majors

Macroeconomics

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Japan’s Kato: Agreed with Bessent that exchange rate should be set by the market

News Discussion Forum

By Fxstreet

Japan’s Kato: Agreed with Bessent that exchange rate should be set by the market

Japanese Finance Minister Katsunobu Kato said on Thursday that he “agreed with US Treasury Secretary Scott Bessent that exchange rate should be set by the market.”

Japan

USDJPY

TradeWar

UnitedStates

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Japan finance minister says agreed with Bessent that exchange rate should be set by market

News Discussion Forum

By Forex Live

Japan finance minister says agreed with Bessent that exchange rate should be set by market

Remarks by Japan finance minister, Katsunobu Kato

JPY

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Heads up: Some markets in Europe are closed for a bank holiday today

News Discussion Forum

By Forex Live

Heads up: Some markets in Europe are closed for a bank holiday today

That will keep things quieter in the session ahead

market overview

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GBP/JPY Price Forecast: Sticks to strong intraday gains below 196.00 amid notable JPY weakness

News Discussion Forum

By Fxstreet

GBP/JPY Price Forecast: Sticks to strong intraday gains below 196.00 amid notable JPY weakness

The GBP/JPY cross prolonged its weekly uptrend for the fourth straight day on Thursday and climbed to the 196.30 area during the Asian session, back closer to a multi-month peak touched earlier this May.

GBPJPY

RiskAppetite

BOJ

Technical Analysis

Currencies

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News Discussion Forum

By Fxstreet

FX option expiries for May 29 NY cut

FX option expiries for May 29 NY cut at 10:00 Eastern Time vi a DTCC can be found below.

Options

Currencies

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EUR/JPY holds gains near 164.00 as safe-haven demand for the Japanese Yen weakens

News Discussion Forum

By Fxstreet

EUR/JPY holds gains near 164.00 as safe-haven demand for the Japanese Yen weakens

EUR/JPY has recovered its recent losses registered in the previous session, trading around 164.00 during the Asian hours on Thursday.

EURJPY

Crosses

Macroeconomics

Japan

Eurozone

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Gold price stalls intraday recovery amid positive risk tone; remains below $3,300 ahead of US data

News Discussion Forum

By Fxstreet

Gold price stalls intraday recovery amid positive risk tone; remains below $3,300 ahead of US data

Gold price (XAU/USD) struggles to capitalize on its intraday recovery from over a one-week low and remains below the $3,300 mark through the first half of the European session on Thursday, still in the red for the fourth straight day.

Gold

Commodities

RiskAppetite

Fed

SEO

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NZD/USD attracts some sellers below 0.5950 as US court blocks Trump's reciprocal tariffs

News Discussion Forum

By Fxstreet

NZD/USD attracts some sellers below 0.5950 as US court blocks Trump's reciprocal tariffs

The NZD/USD pair weakens to near 0.5935 during the early Asian trading hours on Thursday bolstered by a firmer US Dollar (USD). The renewed trade tensions between the United States (US) and China weigh on the China-proxy Kiwi.

NZDUSD

Majors

Macroeconomics

TradeWar

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India Gold price today: Gold falls, according to FXStreet data

News Discussion Forum

By Fxstreet

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

Metals

India

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Dollar holds higher as US court strikes down Trump's tariffs

News Discussion Forum

By Forex Live

Dollar holds higher as US court strikes down Trump's tariffs

The drama continues in Taco land

USD

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Silver Price Forecast: XAG/USD hovers around nine-day EMA near $33.00

News Discussion Forum

By Fxstreet

Silver Price Forecast: XAG/USD hovers around nine-day EMA near $33.00

Silver price (XAG/USD) halts its two-day losing streak, trading around $33.20 per troy ounce during the Asian hours on Thursday. Technical analysis of the daily chart indicates a neutral bias, as the price of the precious metal consolidates within a rectangular pattern.

Silver

XAGUSD

Commodities

Metals

Technical Analysis

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ForexLive Asia-Pacific FX news wrap: Equity cheer, Trump tariff court ruling chaos

News Discussion Forum

By Forex Live

ForexLive Asia-Pacific FX news wrap: Equity cheer, Trump tariff court ruling chaos

Forex news for Asian trading on Thursday, May 29, 2025

Session wrap

Wrap Asia

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NVIDIA Earnings Ignites Markets, Stock Price Was Up 5.8% Last Night

News Discussion Forum

By Forex Live

NVIDIA Earnings Ignites Markets, Stock Price Was Up 5.8% Last Night

Then setlled 4.8% over the previous day's close. Nasdaq futures eyeing 22000, and Ethereum the current star of crypto

Gold

Crypto

Earnings

ETH

Stocks

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Goldman Sachs says Trump can sidestep the court ruling against his tariffs

News Discussion Forum

By Forex Live

Goldman Sachs says Trump can sidestep the court ruling against his tariffs

GS says a setback, increases uncertainty, but doesn;t impact sectoral tariffs

Politics

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US Dollar Index rises to near 100.50 after court ruling Trump tariffs, Q1 GDP data eyed

News Discussion Forum

By Fxstreet

US Dollar Index rises to near 100.50 after court ruling Trump tariffs, Q1 GDP data eyed

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the third successive day and trading more than 0.50% higher around 100.30 during the Asian hours on Thursday.

DollarIndex

Macroeconomics

Majors

UnitedStates

Fed

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Trump appears unlikely to back down, says he is on a "Mission from God"

News Discussion Forum

By Forex Live

Trump appears unlikely to back down, says he is on a "Mission from God"

Trump via his social media app, says 'nothing will stop what is coming'

Politics

USD

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USD/JPY has steadied after its earlier leap above 146.20

News Discussion Forum

By Forex Live

USD/JPY has steadied after its earlier leap above 146.20

Other FX against the USD has also stabilised

JPY

USD

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Japanese Yen recovers further from two-week low against retreating USD; looks to US data for fresh impetus

News Discussion Forum

By Fxstreet

Japanese Yen recovers further from two-week low against retreating USD; looks to US data for fresh impetus

The Japanese Yen (JPY) moves away from a two-week trough touched against its American counterpart earlier this Thursday.

USDJPY

RiskAppetite

Fed

BOJ

SEO

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USD/INR jumps as US trade court blocks Trump's 'Liberation Day' tariffs

News Discussion Forum

By Fxstreet

USD/INR jumps as US trade court blocks Trump's 'Liberation Day' tariffs

The Indian Rupee (INR) softens on Thursday. The month-end US Dollar (USD) demand and the headline surrounding the US court blocking US President Donald Trump's tariffs provide some support to the US Dollar (USD) and weigh on the Indian currency.

USDINR

SEO

India

Macroeconomics

EmergingMarkets

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Australian Dollar recovers losses as US Dollar trims gains ahead of Q1 GDP Annualized

News Discussion Forum

By Fxstreet

Australian Dollar recovers losses as US Dollar trims gains ahead of Q1 GDP Annualized

The Australian Dollar (AUD) edges higher after recovering daily losses during the European hours on Thursday. The AUD/USD pair holds gains as the US Dollar (USD) trims its gains.

AUDUSD

SEO

Majors

Macroeconomics

Australia

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Crude oil remains stuck in a range as the market awaits new catalysts

News Discussion Forum

By Forex Live

Crude oil remains stuck in a range as the market awaits new catalysts

The market continues to consolidate as supply and demand drivers cancel each other for the time being

Oil

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USD/CHF steadies above 0.8250 as SNB Chairman flags concern over strong Swiss Franc and low inflation

News Discussion Forum

By Fxstreet

USD/CHF steadies above 0.8250 as SNB Chairman flags concern over strong Swiss Franc and low inflation

The Swiss Franc (CHF) is moving sideways against the US Dollar (USD) on Wednesday, with the USD/CHF pair hovering near the previous day’s high after a solid almost 1% climb driven by renewed US Dollar strength.

USDCHF

Switzerland

SNB

Inflation

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JPY up modestly & outperforming G10 – Scotiabank

News Discussion Forum

By Fxstreet

JPY up modestly & outperforming G10 – Scotiabank

Japanese Yen (JPY) is up a modest 0.2%, outperforming most of the G10 currencies in quiet trade, Scotiabank's Chief FX Strategist Shaun Osborne notes.

USDJPY

Banks

BOJ

Japan

Technical Analysis

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EUR/GBP remains depressed below 0.8400 following dull Eurozone data

News Discussion Forum

By Fxstreet

EUR/GBP remains depressed below 0.8400 following dull Eurozone data

The Euro is trading practically flat below the 0.8400 round level, unable to put a significant distance from the 0.8380 multi-week lows, as Eurozone data strengthens the case for further ECB easing in June.Unemployment data from Germany released earlier today revealed that the jobless rate remained

EURGBP

Currencies

Crosses

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Mexican Peso stalls close to YTD highs with FOMC Minutes and policy divergence back in focus

News Discussion Forum

By Fxstreet

Mexican Peso stalls close to YTD highs with FOMC Minutes and policy divergence back in focus

The Mexican Peso (MXN) is holding broadly steady against the US Dollar (USD) on Wednesday, remaining close to year-to-date highs, as investors await the release of the Federal Reserve’s (Fed) May Federal Reserve Open Markets Committee (FOMC) meeting minutes.

USDMXN

Fundamental Analysis

Technical Analysis

Banxico

SEO

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EUR up marginally as ECB inflation expectations climb – Scotiabank

News Discussion Forum

By Fxstreet

EUR up marginally as ECB inflation expectations climb – Scotiabank

Euro (EUR) is entering Wednesday’s NA session with a marginal 0.1% gain vs. the US Dollar (USD), a mid-performer among the G10 in generally quiet trade, Scotiabank's Chief FX Strategist Shaun Osborne notes, Scotiabank's Chief FX Strategist Shaun Osborne notes.

EURUSD

Banks

Technical Analysis

Odpověď

US MBA mortgage applications w.e. 23 May -1.2% vs -5.1% prior

News Discussion Forum

By Forex Live

US MBA mortgage applications w.e. 23 May -1.2% vs -5.1% prior

Latest data from the Mortgage Bankers Association for the week ending 23 May 2025

USD

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Gold recovers while investors remain confident over swift progress in EU-US trade talks

News Discussion Forum

By Fxstreet

Gold recovers while investors remain confident over swift progress in EU-US trade talks

Gold price (XAU/USD) attracts bids and rises to near $3,320 during European trading hours on Wednesday, following an over 1% sell-off the previous day.

Gold

XAUUSD

Fed

UnitedStates

SEO

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Euro’s role as reserve currency: a missed opportunity? – Commerzbank

News Discussion Forum

By Fxstreet

Euro’s role as reserve currency: a missed opportunity? – Commerzbank

The dominance of the US Dollar (USD) is based on its use in cross-border transactions by third countries - i.e. its use as a so-called vehicle currency.

EURUSD

Banks

Currencies

DollarIndex

Politics

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