Forex News

Silver Price Forecast: XAG/USD remains below $32.50 despite increased safe-haven demand

By Fxstreet

Silver Price Forecast: XAG/USD remains below $32.50 despite increased safe-haven demand

Silver price (XAG/USD) extends its losses for the second successive session, trading around $32.30 per troy ounce during the Asian hours on Monday.

Silver

XAGUSD

Macroeconomics

Metals

Commodities

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EUR/USD Price Forecast: Seems vulnerable below 1.1200, 200-period SMA on H4 holds the key

News Discussion Forum

By Fxstreet

EUR/USD Price Forecast: Seems vulnerable below 1.1200, 200-period SMA on H4 holds the key

The EUR/USD pair ticks higher at the start of a new week amid a softer US Dollar (USD), though it lacks bullish conviction and remains below the 1.1200 round figure through the Asian session.

EURUSD

Technical Analysis

Majors

Currencies

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USD/INR holds losses as US Dollar weakens following Moody's downgrade of US credit rating

News Discussion Forum

By Fxstreet

USD/INR holds losses as US Dollar weakens following Moody's downgrade of US credit rating

The Indian Rupee (INR) gains ground against the US Dollar (USD) on Monday, with the USD/INR pair halting its five-day winning streak. However, fresh USD demand from importers and ongoing foreign fund outflows continue to weigh on the INR.

USDINR

India

Asia

Macroeconomics

SEO

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

News Discussion Forum

By Fxstreet

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

Gold prices rose in India on Monday, according to data compiled by FXStreet.

Gold

Commodities

Metals

India

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NZD/USD sticks to modest intraday gains below 0.5900 amid softer USD

News Discussion Forum

By Fxstreet

NZD/USD sticks to modest intraday gains below 0.5900 amid softer USD

The NZD/USD pair attracts some dip-buyers during the Asian session on Monday amid a modest US Dollar (USD) weakness, though it seems to struggle to capitalize on the move beyond the 0.5900 mark.

NZDUSD

RiskAversion

Fed

China

Currencies

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Japan Tertiary Industry Index for March 15.8% vs -0.9% prior

News Discussion Forum

By Forex Live

Japan Tertiary Industry Index for March 15.8% vs -0.9% prior

The Japanese Tertiary Industry Index from METI, 19 May 2025

JPY

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News Discussion Forum

By Forex Live

What are the main events for today?

Fed speakers are the only highlight

market overview

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Gold rebounds to near upper end of daily range due to safe-haven demand

News Discussion Forum

By Fxstreet

Gold rebounds to near upper end of daily range due to safe-haven demand

Gold price (XAU/USD) holds gains after experiencing volatility, trading near the upper end of its daily range around the $3,250 region during the European hours on Monday.

Gold

Commodities

TradeWar

Fed

SEO

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ForexLive Asia-Pacific FX news wrap: USD opened week lower as Moody’s US downgrade weighs

News Discussion Forum

By Forex Live

ForexLive Asia-Pacific FX news wrap: USD opened week lower as Moody’s US downgrade weighs

Forex news for Asian trading on May 19, 2025

Session wrap

Wrap Asia

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China NBS spokesman (more): Will strengthen policy coordination

News Discussion Forum

By Forex Live

China NBS spokesman (more): Will strengthen policy coordination

To promote urban renewal and affordable housing construction, for stable and healthy development of real estate market

CNY

China Stock Market

China

CNH

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US House panel approves Trump tax cut bill, a possible vote on passage this week

News Discussion Forum

By Fxstreet

US House panel approves Trump tax cut bill, a possible vote on passage this week

A key congressional committee, the House panel, approved President Donald Trump’s tax cut bill early Monday, paving the way for possible passage in the House of Representatives later this week.

UnitedStates

Politics

DollarIndex

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China NBS spokesman (more): Foreign trade overcame difficulties, maintained steady growth

News Discussion Forum

By Forex Live

China NBS spokesman (more): Foreign trade overcame difficulties, maintained steady growth

The reduction of tariffs by China and the United States in the next stage is conducive to the growth of bilateral trade and the recovery of the world economy

CNY

China Stock Market

China

CNH

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Japan fin min Kato says Japan not facing problem getting funds via debt issuance

News Discussion Forum

By Forex Live

Japan fin min Kato says Japan not facing problem getting funds via debt issuance

Kato remark addressing rising yields for Japanese Government Bonds

Bonds

JPY

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Centrist Victory in Romania Defeats Far-Right Candidate: A Democratic Signal?

News Discussion Forum

By Forex Live

Centrist Victory in Romania Defeats Far-Right Candidate: A Democratic Signal?

Independent centrist and Bucharest mayor Dikurser Dan wins Romania's presidential runoff, countering far-right surge in Europe. Investor confidence in Eastern Europe boosted by political stability, softening far-right momentum. Centrism shows resilience against extremism, calming nerves among global investors tracking EU politics.

Politics

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US House panel approve Trump tax cut bill, setting up a possible vote on passage this week

News Discussion Forum

By Forex Live

US House panel approve Trump tax cut bill, setting up a possible vote on passage this week

This is not the vote

Politics

USD

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Japan Prime Minister Ishiba: Japan financial situation worse than Greece

News Discussion Forum

By Forex Live

Japan Prime Minister Ishiba: Japan financial situation worse than Greece

Against funding tax cuts with JGBs

Bonds

JPY

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China Stats spokesman: contribution of consumption to eco growth will continue to increase

News Discussion Forum

By Forex Live

China Stats spokesman: contribution of consumption to eco growth will continue to increase

China National Bureau of Statistics (NBS) spokesman

CNY

China Stock Market

China

CNH

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USD/CAD holds steady above mid-1.3900s amid mixed cues; remains confined in a familiar range

News Discussion Forum

By Fxstreet

USD/CAD holds steady above mid-1.3900s amid mixed cues; remains confined in a familiar range

The USD/CAD pair struggles to gain any meaningful traction during the Asian session on Monday and remains confined in a familiar range held over the past week or so. Spot prices currently trade around the 1.3965-1.3970 region, nearly unchanged for the day amid mixed fundamental cues.

USDCAD

TradeWar

Fed

Majors

Currencies

Répondre

China’s NBS: Economy grew steadily in face of pressure

News Discussion Forum

By Fxstreet

China’s NBS: Economy grew steadily in face of pressure

Following the publication of the high-impact China’s April activity data, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Monday.

China

RetailSales

EconomicIndicator

AUDUSD

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GBP/USD holds gains around 1.3300 as US Dollar weakens following Moody’s downgrade

News Discussion Forum

By Fxstreet

GBP/USD holds gains around 1.3300 as US Dollar weakens following Moody’s downgrade

The GBP/USD pair recovered from prior session losses, trading near the 1.3300 level during Asian session on Monday. The rebound is largely driven by renewed pressure on the US Dollar (USD) after Moody’s Investors Service downgraded the US credit rating by one notch, from Aaa to Aa1.

GBPUSD

Macroeconomics

Majors

UnitedKingdom

Répondre

Chinese officials say the economy is growing steadily in the face of pressure

News Discussion Forum

By Forex Live

Chinese officials say the economy is growing steadily in the face of pressure

National Bureau of Statistics (NBS) spokesman

China

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US Treasury Sec. Bessent warns of tariffs rates to ‘reciprocal’ level if no trade deal

News Discussion Forum

By Fxstreet

US Treasury Sec. Bessent warns of tariffs rates to ‘reciprocal’ level if no trade deal

US Treasury Secretary Scott Bessent told CNN News on Sunday, President Donald “Trump has put them on notice that if you do not negotiate in good faith, you will ratchet back up to your April 2 level.”

UnitedStates

TradeWar

DollarIndex

Répondre

WTI sticks to modest intraday losses around $61.70, moves little after mixed Chinese data

News Discussion Forum

By Fxstreet

WTI sticks to modest intraday losses around $61.70, moves little after mixed Chinese data

West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on Friday's move higher and attract fresh sellers at the start of a new week.

Oil

Commodities

Iran

China

WTI

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Lagarde speech: US Dollar weakened due to the uncertainty and loss of confidence in US policies

News Discussion Forum

By Fxstreet

Lagarde speech: US Dollar weakened due to the uncertainty and loss of confidence in US policies

European Central Bank (ECB) President Christine Lagarde spoke in an interview with French media, La Tribune Dimanche, published on Saturday.

CentralBanks

ECB

EURUSD

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China’s April Retail Sales grow 5.1%, Industrial Production beats with 6.1%

News Discussion Forum

By Fxstreet

China’s April Retail Sales grow 5.1%, Industrial Production beats with 6.1%

China’s April Retail Sales rose 5.1% year-over-year (YoY) vs. 5.5% expected and 5.9% in March, the latest data released by the National Bureau of Statistics (NBS) showed Monday.

China

EconomicIndicator

AUDUSD

IndustrialProduction

RetailSales

Répondre

China Industrial Output April 2025 +6.1% y/y (expected 5.5%, prior +7.7%)

News Discussion Forum

By Forex Live

China Industrial Output April 2025 +6.1% y/y (expected 5.5%, prior +7.7%)

April Retail Sales +5.1% y/y (expected +5.5%, prior +5.9%)

CNY

China Stock Market

China

CNH

Répondre

Gold advances to near $3,250 due to safe-haven demand, US economic concerns

News Discussion Forum

By Fxstreet

Gold advances to near $3,250 due to safe-haven demand, US economic concerns

Gold (XAU/USD) is recovering from recent losses, trading near $3,230 per troy ounce during Monday’s Asian session. The rebound is fueled by increased demand for safe-haven assets amid rising concerns over the US economic outlook and fiscal health.

Gold

XAUUSD

Macroeconomics

Commodities

Metals

Répondre

BoJ’s Uchida: Will keep raising rates if economy, prices improve in line with our forecast

News Discussion Forum

By Fxstreet

BoJ’s Uchida: Will keep raising rates if economy, prices improve in line with our forecast

Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Tuesday that the central bank “will keep raising interest rates if economy, prices improve in line with our forecast.”

BOJ

CentralBanks

USDJPY

InterestRate

Répondre

USD/JPY seems vulnerable near 145.00, over one-week low amid reviving safe-haven demand

News Discussion Forum

By Fxstreet

USD/JPY seems vulnerable near 145.00, over one-week low amid reviving safe-haven demand

The USD/JPY pair attracts fresh sellers on Monday and drops to over a one-week trough, around the 144.80 area during the Asian session.

USDJPY

RiskAversion

BOJ

Fed

Currencies

Répondre

China new home prices unchanged m/m in April, -4% y/y

News Discussion Forum

By Forex Live

China new home prices unchanged m/m in April, -4% y/y

China new home prices

China Stock Market

China

Répondre

PBOC sets USD/CNY reference rate at 7.1916 vs. 7.1938 previous

News Discussion Forum

By Fxstreet

PBOC sets USD/CNY reference rate at 7.1916 vs. 7.1938 previous

On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1916 as compared to Friday's fix of 7.1938 and 7.2057 Reuters estimate.

USDCNY

PBOC

CentralBanks

Currencies

Répondre

EUR/USD rises to near 1.1200, recovers as US Dollar weakens on fiscal concerns

News Discussion Forum

By Fxstreet

EUR/USD rises to near 1.1200, recovers as US Dollar weakens on fiscal concerns

EUR/USD rebounds from previous session losses, trading near 1.1190 during Monday's Asian session.

EURUSD

Majors

Macroeconomics

Eurozone

Répondre

AUD/USD holds steady above 0.6400 following Chinese data release

News Discussion Forum

By Fxstreet

AUD/USD holds steady above 0.6400 following Chinese data release

The AUD/USD pair kicks off the new week on a subdued note and consolidates just above the 0.6400 round-figure mark during the Asian session.

AUDUSD

China

RBA

RiskAppetite

Currencies

Répondre

Japan's PM Ishiba: Cannot accept US tariffs on autos

News Discussion Forum

By Fxstreet

Japan's PM Ishiba: Cannot accept US tariffs on autos

Japanese Prime Minister (PM) Shigeru Ishiba said on Monday, speaking in the parliament this Monday, showed reluctance to accept US tariffs, including for cars, and said that seeking a win-win deal with the US is the key.

USDJPY

TradeWar

Japan

Currencies

Répondre

Japan’s Agriculture Ministry suspended imports of poultry from parts of Brazil - bird flu

News Discussion Forum

By Forex Live

Japan’s Agriculture Ministry suspended imports of poultry from parts of Brazil - bird flu

Bird flu hitting brazil exports

JPY

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Japan PM Ishiba says again can't accept US tariffs on autos

News Discussion Forum

By Forex Live

Japan PM Ishiba says again can't accept US tariffs on autos

Japan Prime Minister Ishiba speaking in parliament

JPY

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ICYMI - Goldman Sachs: US tariffs may weaken the dollar as growth slows

News Discussion Forum

By Forex Live

ICYMI - Goldman Sachs: US tariffs may weaken the dollar as growth slows

Goldman Sachs Research expects the US dollar to weaken as trade tensions, policy uncertainty, and slowing GDP growth weigh on investor confidence and foreign demand for US assets.

USD

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