GBP/USD drifts lower below 1.3450 ahead of US GDP release
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
Japan’s Kato: Agreed with Bessent that exchange rate should be set by the market
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
Heads up: Some markets in Europe are closed for a bank holiday today
Heads up: Some markets in Europe are closed for a bank holiday today
That will keep things quieter in the session ahead
market overview
GBP/JPY Price Forecast: Sticks to strong intraday gains below 196.00 amid notable JPY weakness
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
FX option expiries for May 29 NY cut
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
Navigating Market Volatility in the Trump Era: Why More Brokers Are Turning to FXCubic
Navigating Market Volatility in the Trump Era: Why More Brokers Are Turning to FXCubic
News Discussion Forum
By Finance Magnates
Navigating Market Volatility in the Trump Era: Why More Brokers Are Turning to FXCubic
FXCubic’s team will be exhibiting at iFX EXPO International on June 17-19.
FXCubic
FX option expiries for 29 May 10am New York cut
FX option expiries for 29 May 10am New York cut
A look at what is on the board for today
EUR/JPY holds gains near 164.00 as safe-haven demand for the Japanese Yen weakens
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
Gold price stalls intraday recovery amid positive risk tone; remains below $3,300 ahead of US data
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
Crisis is the New Normal: An Interview with Valentina Drofa, CEO of Drofa Comms
Crisis is the New Normal: An Interview with Valentina Drofa, CEO of Drofa Comms
News Discussion Forum
By Finance Magnates
Crisis is the New Normal: An Interview with Valentina Drofa, CEO of Drofa Comms
"Don’t wait for a crisis to learn how to deal with one."
Drofa Comms
US Court Rules Trump Tariffs “Invalid”: Elon Musk Ends White House Role
US Court Rules Trump Tariffs “Invalid”: Elon Musk Ends White House Role
News Discussion Forum
By Finance Magnates
US Court Rules Trump Tariffs “Invalid”: Elon Musk Ends White House Role
The US Court of International Trade has ruled that the tariffs imposed by the Donald Trump Administration are “invalid, as contrary to law”, effectively blocking their implementation.
donald trump
Trump Tariffs
elon musk
NZD/USD attracts some sellers below 0.5950 as US court blocks Trump's reciprocal tariffs
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
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
Metals
India
Silver Price Forecast: XAG/USD hovers around nine-day EMA near $33.00
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
ForexLive Asia-Pacific FX news wrap: Equity cheer, Trump tariff court ruling chaos
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
NVIDIA Earnings Ignites Markets, Stock Price Was Up 5.8% Last Night
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
Goldman Sachs says Trump can sidestep the court ruling against his tariffs
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
US Dollar Index rises to near 100.50 after court ruling Trump tariffs, Q1 GDP data eyed
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
Trump appears unlikely to back down, says he is on a "Mission from God"
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
USD/JPY has steadied after its earlier leap above 146.20
USD/JPY has steadied after its earlier leap above 146.20
Other FX against the USD has also stabilised
JPY
USD
Japanese Yen recovers further from two-week low against retreating USD; looks to US data for fresh impetus
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
USD/INR jumps as US trade court blocks Trump's 'Liberation Day' tariffs
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
Australian Dollar recovers losses as US Dollar trims gains ahead of Q1 GDP Annualized
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
BlackRock Eyes 10% Stake as Circle Prepares for U.S. Listing: Report
BlackRock Eyes 10% Stake as Circle Prepares for U.S. Listing: Report
News Discussion Forum
By Finance Magnates
BlackRock Eyes 10% Stake as Circle Prepares for U.S. Listing: Report
Circle’s public offering has ignited renewed interest in the intersection of crypto and traditional finance, with two heavyweight investors — BlackRock and ARK Invest, circling the deal.
Circle
Hidden Road's New Service Lets U.S. Institutions Trade Cash-Settled Crypto Swaps
Hidden Road's New Service Lets U.S. Institutions Trade Cash-Settled Crypto Swaps
News Discussion Forum
By Finance Magnates
Hidden Road's New Service Lets U.S. Institutions Trade Cash-Settled Crypto Swaps
Crypto prime broker Hidden Road launched a new digital asset swaps prime brokerage offering specifically for the U.S. market. . The new service allows U.
Hidden Road
New FCA Crypto Custody Rules Would Force Firms to Upgrade Security
New FCA Crypto Custody Rules Would Force Firms to Upgrade Security
News Discussion Forum
By Finance Magnates
New FCA Crypto Custody Rules Would Force Firms to Upgrade Security
Regulators in the UK have taken a step closer to formal crypto oversight. The Financial Conduct Authority (FCA) has opened consultations on new rules governing stablecoins and the custody of digita...
fca
boe
SEC Begins Review of First Spot XRP ETF Bid with WisdomTree Proposal
SEC Begins Review of First Spot XRP ETF Bid with WisdomTree Proposal
News Discussion Forum
By Finance Magnates
SEC Begins Review of First Spot XRP ETF Bid with WisdomTree Proposal
The US SEC has begun examining a new proposal for a spot XRP exchange-traded fund (ETF ). The application was submitted by asset manager WisdomTree.
XRP News
XRP
Ripple
Etf
US SEC
crypto
Crude oil remains stuck in a range as the market awaits new catalysts
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
USD/CHF steadies above 0.8250 as SNB Chairman flags concern over strong Swiss Franc and low inflation
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
JPY up modestly & outperforming G10 – Scotiabank
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
EUR/GBP remains depressed below 0.8400 following dull Eurozone data
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
Mexican Peso stalls close to YTD highs with FOMC Minutes and policy divergence back in focus
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
EUR up marginally as ECB inflation expectations climb – Scotiabank
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
ESMA Pushes Social Media Giants to Address Unauthorised Financial Ads
ESMA Pushes Social Media Giants to Address Unauthorised Financial Ads
News Discussion Forum
By Finance Magnates
ESMA Pushes Social Media Giants to Address Unauthorised Financial Ads
The ESMA, the European Union’s financial markets regulator, has issued a letter to multiple social media and digital platform companies.
esma
European Securities and Markets Authority (ESMA)
Twitter
TikTok
meta
telegram
google
US MBA mortgage applications w.e. 23 May -1.2% vs -5.1% prior
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
Gold recovers while investors remain confident over swift progress in EU-US trade talks
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
Euro’s role as reserve currency: a missed opportunity? – Commerzbank
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
How High Can Bitcoin Go? BTC Price Eyes $140K Summer Target as Institutions Drive Predictions of New Rally
How High Can Bitcoin Go? BTC Price Eyes $140K Summer Target as Institutions Drive Predictions of New Rally
News Discussion Forum
By Finance Magnates
How High Can Bitcoin Go? BTC Price Eyes $140K Summer Target as Institutions Drive Predictions of New Rally
On Wednesday, May 28, 2025, Bitcoin ( BTC ) is trading just below $109,000, with the price consolidating after reaching new highs of $112,000 last week.
bitcoin
Bitcoin news
BTC
Bitcoin (BTC)