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GBP/USD rallies as Moody’s cut US credit rating, UK-EU "reset" relations
GBP/USD rallies as Moody’s cut US credit rating, UK-EU "reset" relations
The Pound Sterling (GBP) posted solid gains on Monday as the US Dollar (USD) got battered due to Moody’s lowering US debt rating to Aa1, a headwind for the Greenback. At the time of writing, GBP/USD trades at 1.3360, up 0.71%.
GBPUSD
Majors
Fundamental Analysis
Technical Analysis
Macroeconomics
AUDUSD stretches to new highs and tests 200 day MA
AUDUSD stretches to new highs and tests 200 day MA
AUDUSD bullish as it tests key 200-day MA resistance level, signaling further upside potential for traders.
INFINOX Reports 233% Revenue Growth and Announces Major Expansion Milestones
INFINOX Reports 233% Revenue Growth and Announces Major Expansion Milestones
News Discussion Forum
By Finance Magnates
INFINOX Reports 233% Revenue Growth and Announces Major Expansion Milestones
The surge in performance is underpinned by a strategic focus on reinvestment, product innovation, and talent acquisition.
EUR/JPY snaps three-day losing streak, edges higher as Eurozone inflation holds steady
EUR/JPY snaps three-day losing streak, edges higher as Eurozone inflation holds steady
EUR/JPY trades modestly higher near 163.20 on Monday, snapping a three-day losing streak, as investors digest steady Eurozone inflation data, flexible policy signals from the Bank of Japan (BoJ), and fresh geopolitical developments ahead of key economic releases.
EURJPY
Crosses
Inflation
ECB
BOJ
BGC Group Buys Back $151M in Shares from US Commerce Secretary Howard Lutnick After Cabinet Appointment
BGC Group Buys Back $151M in Shares from US Commerce Secretary Howard Lutnick After Cabinet Appointment
News Discussion Forum
By Finance Magnates
BGC Group Buys Back $151M in Shares from US Commerce Secretary Howard Lutnick After Cabinet Appointment
BGC Group is buying back more than 16 million shares from its former Chairman and CEO, Howard W. Lutnick, now the U.S. Secretary of Commerce.
USDCHF under pressure as Moody’s downgrade weighs on dollar; key support holds
USDCHF under pressure as Moody’s downgrade weighs on dollar; key support holds
USDCHF slips below key moving averages as bearish momentum builds; support at 0.8318–0.8333 eyed for next move
USD/CHF declines to near 0.8330 as US Dollar underperforms across the board
USD/CHF declines to near 0.8330 as US Dollar underperforms across the board
The USD/CHF pair trades 0.5% lower to near 0.8330 during North American trading hours on Monday. The Swiss Franc pair weakens as the US Dollar (USD) faces a sharp selling pressure due to erosion in the United States (US) Sovereign Credit Rating.
USDCHF
SNB
Fed
DollarIndex
InterestRate
Silver Price Forecast: XAG/USD edges higher as Moody’s downgrade forces USD lower
Silver Price Forecast: XAG/USD edges higher as Moody’s downgrade forces USD lower
Silver (XAG/USD) is trading slightly higher on Monday, holding above the $32.00 level during the US session, as broader weakness in the US Dollar (USD) fuels demand for alternative safe-haven assets.
Silver
XAGUSD
Metals
Technical Analysis
FMAS:25 is Right Around the Corner – Don’t Get Left Behind
FMAS:25 is Right Around the Corner – Don’t Get Left Behind
News Discussion Forum
By Finance Magnates
FMAS:25 is Right Around the Corner – Don’t Get Left Behind
FMAS:25 is the industry’s meeting point for Africa’s financial future.
Conversions Up 55%, Average Order Value Up 182%: Trezor & Changelly’s 5-Year Growth Story
Conversions Up 55%, Average Order Value Up 182%: Trezor & Changelly’s 5-Year Growth Story
News Discussion Forum
By Finance Magnates
Conversions Up 55%, Average Order Value Up 182%: Trezor & Changelly’s 5-Year Growth Story
Reliable partnerships between industry leaders don’t just survive crypto’s ups and downs—they drive sustainable growth through them.
Euro area: Rome wasn’t built in a day – Standard Chartered
Euro area: Rome wasn’t built in a day – Standard Chartered
Q1 outperformance tells little about the remainder of 2025; growth momentum is likely to weaken. Growth forecast of 0.8% this year remains unchanged, but near-term recession risks are high. The 2026 growth has been revised down to 1.0% (1.2%) owing to the lingering effects of trade uncertainty.
Banks
Eurozone
Europe
Growth
Fed's Jefferson: Will keep policy in a place to be sure inflation expectations remain anchored
Fed's Jefferson: Will keep policy in a place to be sure inflation expectations remain anchored
Federal Reserve (Fed) Vice Chairman Philip Jefferson said on Monday that there are risks to both jobs and inflation and added that it is appropriate to wait and see on rate decisions, given the the uncertainty, per Reuters.
Fed
CentralBanks
NZD/USD recovers above 0.5900 as traders weigh US downgrade, mixed New Zealand data
NZD/USD recovers above 0.5900 as traders weigh US downgrade, mixed New Zealand data
The New Zealand Dollar (NZD) is recovering firmly above the 0.5900 mark agains the US Dollar (USD) on Monday, last seen trading around 0.5910, up nearly 0.50% on the day. The NZD/USD pair draws support from broad US Dollar weakness following Moody’s downgrade of the US credit rating.
FP Markets Celebrates 20 Years in the Financial Services Industry
FP Markets Celebrates 20 Years in the Financial Services Industry
News Discussion Forum
By Finance Magnates
FP Markets Celebrates 20 Years in the Financial Services Industry
Global broker FP Markets is transforming trading with excellence, evolution, and integrity.
USD/JPY can hold around 145 on a 1-to-3-month view – Rabobank
USD/JPY can hold around 145 on a 1-to-3-month view – Rabobank
At the end of last week, Japanese Finance Minister Kato indicated that he would look to talk about FX with US Treasury Secretary Bessent this week. This has spurred investors to move back into long JPY positions.
USDJPY
Technical Analysis
Banks
Japan
BOJ
China: US undermines consensus reached in Geneva talks.
China: US undermines consensus reached in Geneva talks.
China reacts to US adjusting chip export controls
Fed’s Williams flags cautious optimism amid lingering uncertainty
Fed’s Williams flags cautious optimism amid lingering uncertainty
New York Fed President John Williams struck a balanced tone in his latest remarks, highlighting strength in recent US data while acknowledging steady uncertainty around trade.
Fed
DollarIndex
Inflation
InterestRate
White House’s Hassett: Moody’s decision is backward-looking
White House’s Hassett: Moody’s decision is backward-looking
White House’s economic advisor, Kevin Hassett, hinted at the likelihood that further trade deals could be in the offing.
UnitedStates
Currencies
China
TradeWar
US-EU trade discussion are being complicated by internal EU disagreement.
US-EU trade discussion are being complicated by internal EU disagreement.
Meanwhile WH Hassett says would not be surprised more trade deals announced this week
Mexican Peso strengthens amid US Dollar pressure, Fed signals, and higher yields
Mexican Peso strengthens amid US Dollar pressure, Fed signals, and higher yields
The Mexican Peso (MXN) remains firm against the US Dollar (USD) as markets react to renewed uncertainty following Moody’s downgrade of the US credit rating. The decision to lower the sovereign rating to AA1 from AAA has prompted a reassessment of the US Dollar’s status.
USDMXN
Fundamental Analysis
Technical Analysis
SEO
DollarIndex
More signs that the US-Japan trade agreement is on ice
More signs that the US-Japan trade agreement is on ice
Deal likely delayed until after July Japanese elections
Revolut Aims for 10 Million Users in France with EU HQ and Banking License Push
Revolut Aims for 10 Million Users in France with EU HQ and Banking License Push
News Discussion Forum
By Finance Magnates
Revolut Aims for 10 Million Users in France with EU HQ and Banking License Push
Revolut, the London-based neobank with crypto services, plans to invest more than €1 billion ($1.1 billion) in France and apply for a French banking license.
revolut
France
license
AIMS
Forexlive European FX news wrap: Rough day for USD and US Treasuries
Forexlive European FX news wrap: Rough day for USD and US Treasuries
Forex news from the European morning session on May 19, 2025
Session wrap
Wrap Europe
US Dollar attempts to limit image dent with DXY down over 0.5%
US Dollar attempts to limit image dent with DXY down over 0.5%
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, stuck at the lower level for this Monday near 100.30 at the time of writing.
DollarIndex
Macroeconomics
UnitedStates
SEO
TradeWar
WTI slumps to near $61 as Moody’s US downgrade sparks US bond yields
WTI slumps to near $61 as Moody’s US downgrade sparks US bond yields
West Texas Intermediate (WTI), futures on NYMEX, tumbles to near $61.00 on Monday. The Oil price faces selling pressure since opening the week due to a significant increase in US Treasury yields.
Oil
WTI
YieldCurve
DollarIndex
China
Fed's Bostic: Inflation not moving to target as fast as anticipated
Fed's Bostic: Inflation not moving to target as fast as anticipated
In an interview with CNBC on Monday, Atlanta Federal Reserve (Fed) President Raphael Bostic said that inflation is not moving to target as fast as anticipated and reiterated that he leans toward only one rate cut this year because it will take time to understand the impact of tariffs, per Reuters.
Fed
CentralBanks
Axi Integrates Low-Latency Tech from Your Bourse; Renews Esporte Clube Bahia Partnership
Axi Integrates Low-Latency Tech from Your Bourse; Renews Esporte Clube Bahia Partnership
News Discussion Forum
By Finance Magnates
Axi Integrates Low-Latency Tech from Your Bourse; Renews Esporte Clube Bahia Partnership
Axi has partnered with Your Bourse to support its expansion. The focus of this collaboration is to support Axi’s institutional offering...
Axi
Your Bourse
retail
retail brokers
retail forex
retail FX
China: April activity overshadowed by tariff war – Standard Chartered
China: April activity overshadowed by tariff war – Standard Chartered
Activity data points to softening momentum from Q1, but industrial production has held up. Frontloaded exports and macro policy implementation to continue to support growth in Q2. Property market remains the key drag for the domestic economy.
China
Banks
Growth
Macroeconomics
GDP
USD/JPY tumbles below 145.00 as Moody’s downgrade weighs on the US Dollar
USD/JPY tumbles below 145.00 as Moody’s downgrade weighs on the US Dollar
The Japanese Yen (JPY) extends its winning streak against the US Dollar (USD) into a fifth consecutive day on Monday, with USD/JPY falling below the 145.00 psychological mark to trade near 144.70 during the European session, driven by broad-based USD weakness and fresh hawkish signals from the Bank
USDJPY
BOJ
Fed
Fundamental Analysis
InterestRate
UK Government releases further details of EU reset deal
UK Government releases further details of EU reset deal
Discussion on details of each commitment will continue