Australian Dollar under pressure as US-China trade talks shape global sentiment
Australian Dollar under pressure as US-China trade talks shape global sentiment
The Australian Dollar (AUD) is facing downward pressure as global trade dynamics shift, particularly between the United States (US) and China.
AUDUSD
Majors
Currencies
Australia
SEO
Fed's Goolsbee: New tariffs are certainly less stagflationary than previous path
Fed's Goolsbee: New tariffs are certainly less stagflationary than previous path
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee took a cautionary stance on the ever-evolving trade stance of the Trump administration on Monday.
Fed
CentralBanks
TradeWar
InterestRate
Forex Today: All the attention shifts to US Inflation data
Forex Today: All the attention shifts to US Inflation data
In a very positive start to the new trading week, the Greenback edged sharply higher following a fresh bout of optimism on the trade front, all after the auspicious US-China trade talks over the weekend.
Inflation
Currencies
EURUSD
Fed
DollarIndex
Why Apple will never leave China
Why Apple will never leave China
The company has trained 28 million workers -- more than the entire population of California
Stocks
Canadian Dollar falls for a fourth straight session as markets get tariff tunnel vision
Canadian Dollar falls for a fourth straight session as markets get tariff tunnel vision
The Canadian Dollar (CAD) fell further on Monday, shedding around one-half of one percent against the US Dollar (USD) as investors broadly bid up the Greenback after the Trump administration proudly announced that they would be walking back their own triple-digit tariffs on Chinese imports.
USDCAD
SEO
Inflation
TradeWar
US Dollar rallies after US-China trade talks, Fed speakers
US Dollar rallies after US-China trade talks, Fed speakers
The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, skyrocketed to a one-month high on Monday after China and the United States announced a 90-day pause in their trade war.
DollarIndex
Currencies
SEO
TradeWar
USD/CAD extends gains on trade optimism, policy divergence, and upcoming US data
USD/CAD extends gains on trade optimism, policy divergence, and upcoming US data
The US Dollar (USD) is trading higher against the Canadian Dollar (CAD) at the start of the week, supported by renewed risk appetite following a US–China trade agreement, diverging interest rate expectations, and anticipation of major US economic data. 
USDCAD
Majors
Macroeconomics
Currencies
Dow Jones Industrial Average moonshots on US-China tariff walkback
Dow Jones Industrial Average moonshots on US-China tariff walkback
The Dow Jones Industrial Average (DJIA) surged higher on Monday, rising over 1,100 points and climbing back above 42,400 for the first time since early April.
DowJones
Equities
SEO
TradeWar
EUR/CAD Price Analysis: Euro steadies near 1.5600 as bearish pressure builds
EUR/CAD Price Analysis: Euro steadies near 1.5600 as bearish pressure builds
The EUR/CAD pair traded near the 1.5600 zone on Monday, reflecting a minor loss after the European session as selling pressure persisted. The pair remains within the middle of its daily range, suggesting cautious sentiment as traders assess the broader outlook.
Crosses
Currencies
Technical Analysis
EURCAD
BoE's Taylor: Tariff shock was bigger than anyone expected
BoE's Taylor: Tariff shock was bigger than anyone expected
Bank of England's external Monetary Policy Committee member Alan Taylor noted a prevailing sense of precaution and concern among firms, adding that the tariff shock had been larger than anticipated.
BOE
CentralBanks
Currencies
UnitedKingdom
GBPUSD
USD/CHF rallies as US-China trade truce lifts Dollar sentiment
USD/CHF rallies as US-China trade truce lifts Dollar sentiment
The USD/CHF pair is trading higher, supported by a broad rally in the US Dollar (USD) following a significant breakthrough in US-China trade relations.
USDCHF
Majors
Currencies
Fundamental Analysis
Were the last six weeks all a bad dream?
Were the last six weeks all a bad dream?
Deutsche Bank on the state of play after the latest twist
market overview
Brent Crude Oil surges on US–China agreement and easing recession fears
Brent Crude Oil surges on US–China agreement and easing recession fears
Brent Crude Oil has extended gains at the start of the trading week, buoyed by a temporary easing in geopolitical tensions and improving macroeconomic sentiment.
Oil
Energy
WTI
Brent
TradeWar
EUR/USD Price Analysis: Euro drifts near 1.1100 as bearish momentum builds
EUR/USD Price Analysis: Euro drifts near 1.1100 as bearish momentum builds
The EUR/USD pair traded near the 1.1100 zone on Monday, reflecting a sharp drop after the European session as sellers gained control. The pair remains within the middle of its daily range, suggesting that while bearish pressure is dominant, the market lacks a clear breakout signal.
EURUSD
Currencies
Majors
Technical Analysis
Fed's Kugler: Still expect increase in prices and slowdown in the economy
Fed's Kugler: Still expect increase in prices and slowdown in the economy
Federal Reserve Governor Adriana Kugler said that if tariffs prove to be long-lasting, she would focus on how global supply chains are rearranged in response, while she acknowledged that the recent reduction in US-China tariffs was clearly an improvement in bilateral trade relations, though tariff l
Fed
Currencies
DollarIndex
InterestRate
Inflation
GBP/USD crashes on US-China trade truce boosting US Dollar
GBP/USD crashes on US-China trade truce boosting US Dollar
The Pound Sterling (GBP) collapsed by over 0.71% or 90 pips on Monday, following developments over the weekend that boosted the US Dollar (USD). News of the US-China de-escalation of the trade war weighed on the Sterling, which plummeted from around 1.3298.
GBPUSD
Majors
Technical Analysis
Fundamental Analysis
Currencies
NZD/USD Price Forecast: Sees more downside below 200-day EMA
NZD/USD Price Forecast: Sees more downside below 200-day EMA
The NZD/USD pair tumbles to near 0.5870 during North American trading hours on Monday. The Kiwi pair falls sharply as the demand for the US Dollar (USD) has increased after the comments from Washington signaled that the trade war between the United States (US) and China has been averted.
NZDUSD
RBNZ
China
UnitedStates
DollarIndex
Fed’s Kugler: Progress on disinflation has slowed
Fed’s Kugler: Progress on disinflation has slowed
Federal Reserve Governor Adriana Kugler said on Monday that Fed officials were finding it difficult to assess the underlying strength of the economy, citing rapid shifts in trade policy and the resulting impact on households and businesses that had rushed to purchase imported goods earlier in the ye
Fed
Inflation
Currencies
InterestRate
DollarIndex
Trade thaw undermines ley Gold drivers – TDS
Trade thaw undermines ley Gold drivers – TDS
Developments on trade over the weekend were as close to an about-face as one could have hoped for, TDS' Senior Commodity Strategist Daniel Ghali notes.
Banks
Gold
XAUUSD
Metals
Commodities
President Trump: We achieved total reset with China
President Trump: We achieved total reset with China
United States (US) President Donald Trump said on Monday that he may speak with Chinese President Xi Jinping later this week, as negotiations between the two economic powers show signs of progress toward a potential trade agreement.
UnitedStates
China
TradeWar
AUD/USD turns upside down to near 0.6400 after US-China trade truce
AUD/USD turns upside down to near 0.6400 after US-China trade truce
The AUD/USD pair gives back initial gains and turns negative during North American trading hours on Monday.
AUDUSD
UnitedStates
China
Employment
DollarIndex
Trump: We achieved a total reset with China
Trump: We achieved a total reset with China
Comments from Trump in today's press conference
Politics
Trump set to speak on pharma
Trump set to speak on pharma
Talk might turn to tariffs and China
Politics
USD
Gold is being put to the test today
Gold is being put to the test today
So far the May 1 low has held
Gold
EUR tumbles 1.5% on the day – Scotiabank
EUR tumbles 1.5% on the day – Scotiabank
The Euro (EUR) is weak, down 1.5% vs. the US Dollar (USD) and seeing its largest one day decline since early November, around the time of the US election, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EURUSD
Banks
Technical Analysis
CAD is down ‘only’ 0.3% vs. USD and a relative outperformer – Scotiabank
CAD is down ‘only’ 0.3% vs. USD and a relative outperformer – Scotiabank
The Canadian Dollar (CAD) is weak, down 0.3% vs. the US Dollar (USD) but a relative outperformer against all of the G10 currencies with the CAD’s peer currencies showing much greater declines in response to the US/China trade détente, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
Canada
BOC
USDCAD
Banks
USD surges on US/China détente as markets reprice Fed cuts – Scotiabank
USD surges on US/China détente as markets reprice Fed cuts – Scotiabank
The US Dollar (USD) is up broadly with meaningful gains against all of the G10 currencies as markets respond to the de-escalation in trade tensions between the US and China.
Technical Analysis
Fed
Banks
DollarIndex
USD/JPY 12-month forecast remains at 140.00 despite surge from US-China trade deal – Rabobank
USD/JPY 12-month forecast remains at 140.00 despite surge from US-China trade deal – Rabobank
News that the US and China have reached an agreement that substantially lowers trade tariffs between them for 90 days has sparked a wave of optimism that has supported risky assets and weighed on safe havens.
Technical Analysis
USDJPY
Banks
US-China breakthrough leads to a breakout
US-China breakthrough leads to a breakout
Huge moves greet Monday markets as the US and China reverse tariffs
Gold drops as US-China tariff reduction weighs on safe-haven demand
Gold drops as US-China tariff reduction weighs on safe-haven demand
Gold prices are under significant pressure in Monday’s session, weighed down by improving global risk sentiment and a strengthening US Dollar (USD). 
Technical Analysis
XAUUSD
Metals
Gold
Fundamental Analysis
ForexLive European FX news wrap: US, China strike deal to lower tariffs after talks
ForexLive European FX news wrap: US, China strike deal to lower tariffs after talks
Forex news from the European morning session on May 12, 2025
Session wrap
Wrap Europe