USD/JPY seems vulnerable near 145.00, over one-week low amid reviving safe-haven demand
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
China new home prices unchanged m/m in April, -4% y/y
China new home prices unchanged m/m in April, -4% y/y
China new home prices
China Stock Market
China
PBOC sets USD/CNY reference rate at 7.1916 vs. 7.1938 previous
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
EUR/USD rises to near 1.1200, recovers as US Dollar weakens on fiscal concerns
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
AUD/USD holds steady above 0.6400 following Chinese data release
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
Japan's PM Ishiba: Cannot accept US tariffs on autos
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
Japan PM Ishiba says again can't accept US tariffs on autos
Japan PM Ishiba says again can't accept US tariffs on autos
Japan Prime Minister Ishiba speaking in parliament
ICYMI - Goldman Sachs: US tariffs may weaken the dollar as growth slows
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.
New Zealand Q1 PPI inputs and outputs both higher q/q
New Zealand Q1 PPI inputs and outputs both higher q/q
New Zealand first quarter producer price index
Monday morning forex rates update - JPY and EUR higher
Monday morning forex rates update - JPY and EUR higher
Yen and euro opening stronger in early FX trade
JPY
EUR
Romanian centrist Presidential candidate ahead with 54.3% after 97% of votes counted
Romanian centrist Presidential candidate ahead with 54.3% after 97% of votes counted
A win for the pro-EU, pro-NATO candidate in Romania will be taken as a sign of better stability in Europe
Politics
Weekend: Bessent threatens tariff rates to return to ‘reciprocal’ levels if no trade deal
Weekend: Bessent threatens tariff rates to return to ‘reciprocal’ levels if no trade deal
"Reach a trade deal with the US, or else!" seems to be the message from US Treasury Secretary Bessent
Bonds
SPX
USD
Levels
Monday open levels, indicative FX prices, 19 May 2025
Monday open levels, indicative FX prices, 19 May 2025
As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come online ... prices are liable to swing around, so take care out there.
The weekend news hasn't been great for market confidence
The weekend news hasn't been great for market confidence
A few notable developments and comments
Stocks
Wintermute, Plus500, B2PRIME, and More: Executive Moves of the Week
Wintermute, Plus500, B2PRIME, and More: Executive Moves of the Week
News Discussion Forum
By Finance Magnates
Wintermute, Plus500, B2PRIME, and More: Executive Moves of the Week
In this week's executive move roundup: Ron Hammond joined Wintermute in the U.S. expansion, Plus500 hired a new CEO for Australia, B2PRIME onboarded an Executive Sales Trader.
leadership changes
executive moves
executive
executive transitions
Plus500
UK PM Starmer expected to announce Brexit ­"reset" deal on Monday. (Is Brexin the word?)
UK PM Starmer expected to announce Brexit ­"reset" deal on Monday. (Is Brexin the word?)
UK media, The Times, with the news of the UK moving into closer alignment with the EU
Politics
GBP
EUR
Australian PM Albanese says he's "up for a deal" with Europe on free trade
Australian PM Albanese says he's "up for a deal" with Europe on free trade
Albanese will renew leader-level discussions for an Australia-European free trade deal with European Commission President Ursula von der Leyen in Rome.
Is President Trump Allowed to Accept an Airplane from Qatar?
Is President Trump Allowed to Accept an Airplane from Qatar?
President Trump accepting a $400 million jet from Qatar is sparking legal, ethical, and political debates, with concerns over violating the Foreign Emoluments Clause and national security risks. What do you think is going to happen? Please comment below.
Politics
Week in Focus: eToro Makes Strong Nasdaq Debut, CFTC's Case Against My Forex Funds Dismissed
Week in Focus: eToro Makes Strong Nasdaq Debut, CFTC's Case Against My Forex Funds Dismissed
News Discussion Forum
By Finance Magnates
Week in Focus: eToro Makes Strong Nasdaq Debut, CFTC's Case Against My Forex Funds Dismissed
"What’s good for the trader, what’s profitable for the broker" . In our weekly roundup, we start with market analysis. The brokerage industry has long been dominated by opaque pricing, aggressive m...
editor's pick
eToro
AUD/NZD price analysis: Cross struggles to hold gains amid mixed signals
AUD/NZD price analysis: Cross struggles to hold gains amid mixed signals
The AUD/NZD pair is experiencing mild selling pressure on Friday, hovering near the 1.0900 zone as the market approaches the Asian session. Despite the minor losses, the broader technical outlook remains constructive, with several key indicators aligning to support the pair's upward trajectory.
Technical Analysis
Crosses
Currencies
AUDNZD
Australia
AUD/USD steadies as traders await RBA decision
AUD/USD steadies as traders await RBA decision
The AUD/USD pair is trading around the 0.6400 level during European trading hours on Friday, reflecting a broadly neutral tone as traders await the Reserve Bank of Australia (RBA) interest rate decision next week.
AUDUSD
Majors
Macroeconomics
RBA
Technical Analysis
Silver Price Forecast: XAG/USD slips as US yields rebound, hovers below $32.50
Silver Price Forecast: XAG/USD slips as US yields rebound, hovers below $32.50
Silver prices edged lower on Friday, with losses of over 1%, set to end the week on a negative note amid rising US Treasury yields, which staged a comeback late during the North American session. XAG/USD trades at $32.26 after hitting a daily peak of $32.68 at the time of writing.
Technical Analysis
XAGUSD
Silver
Metals
Moody's downgrades US debt to AA1, citing rising interest costs and unsustainable debt growth
Moody's downgrades US debt to AA1, citing rising interest costs and unsustainable debt growth
Moody's Ratings agency downgraded the US's sovereign debt credit rating after the market close on Friday. According to Moody's, the US is facing rising debt funding costs that far exceed those of similar government debt loads.
UnitedStates
Credit
RatingAgencies
Politics
NZD/JPY price analysis: Cross struggles to maintain upward momentum
NZD/JPY price analysis: Cross struggles to maintain upward momentum
The NZD/JPY pair is attempting to hold on to modest gains as it trades near the 85.70 zone ahead of the Asian session on Friday.
Crosses
Currencies
NZDJPY
Technical Analysis
Forexlive Americas FX news wrap: Hot UMich inflation expectations cool Fed rate cut talk
Forexlive Americas FX news wrap: Hot UMich inflation expectations cool Fed rate cut talk
Forex news for North American trading on May 16, 2025
Session wrap
Wrap Nth America
Mexican Peso set for weekly gains as weak US data offsets Banxico's rate cut
Mexican Peso set for weekly gains as weak US data offsets Banxico's rate cut
The Mexican Peso (MXN) erases its previous losses against the US Dollar (USD) on Friday and Is set to finish the week with gains.
USDMXN
Banxico
Mexico
Macroeconomics
SEO
NZD/USD steadies near 0.5890 after data-driven rebound, but broader bias remains weak
NZD/USD steadies near 0.5890 after data-driven rebound, but broader bias remains weak
NZD/USD is trading slightly higher near 0.5890 during early Friday trading, recovering from recent losses as upbeat domestic data supports the Kiwi.
NZDUSD
Currencies
Majors
US stock markets climb for the fifth day in a row
US stock markets climb for the fifth day in a row
Only one negative day for the S&P 500 since April 21
Canadian Dollar backslides once again, remains rangebound
Canadian Dollar backslides once again, remains rangebound
The Canadian Dollar (CAD) continued its back-and-forth pattern against the US Dollar (USD) on Friday. The Loonie pared away the previous day’s gains and kept USD/CAD pinned near the 1.4000 handle.
USDCAD
SEO
Inflation
It's a holiday in Canada on Monday but some notable economic data later in the week
It's a holiday in Canada on Monday but some notable economic data later in the week
Some key data points ahead of the June 4 Bank of Canada rate decision