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Greer: We have a constructive path forward to have a positive conversation with China
Q&A session for Bessent and Greer now
market overview
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Fxstreet
USTR Greer: Both sides very committed to the 90-day pause period
US Trade Representative (USTR) Jamieson Greer is speaking at the scheduled briefing on the first round of high-level US-China trade talks held over the weekend in Geneva, Switzerland.
China
TradeBalance
UnitedStates
DollarIndex
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Fxstreet
EUR/INR today: Indian Rupee cross rates mixed at the start of the European session
Indian Rupee (INR) crosses trade mixed at the start of Monday, according to FXStreet data.
India
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Fxstreet
US Treasury Sec. Bessent: Both sides on reciprocal tariffs will move down 115%
US Treasury Secretary Scott Bessent is speaking at the scheduled briefing on the first round of high-level US-China trade talks held over the weekend in Geneva, Switzerland.
China
TradeWar
UnitedStates
DollarIndex
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Fxstreet
EUR/GBP edges lower below 0.8450 on dovish ECB tone
The EUR/GBP cross extends the decline to around 0.8435 during the early European session on Monday. The Pound Sterling (GBP) strengthens against the Euro (EUR) due to positive developments surrounding the United States (US) and the United Kingdom (UK) trade agreement last week.
Crosses
EURGBP
Macroeconomics
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Bessent: We have reached agreement with China on a 90-day pause, moving down tariff levels
Bessent speaks in Geneva
News Discussion Forum
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Fxstreet
US-China agree to sharply cut reciprocal tariffs for 90 days, easing fears of protracted trade war
The highly anticipated joint US-China statement on the first round of high-level US-China trade talks held over the weekend in Geneva, Switzerland, is out, stating that “the US will modify application of rate of duty on articles of China by suspending 24 percentage points of that rate for initial pe
Breaking
China
TradeWar
UnitedStates
DollarIndex
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Forex Live
US to lower tariffs on China, to include a base 10% plus 20% fentanyl levy
The joint statement released by the US and China
Politics
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Forex Live
Watch: Bessent and Greer to brief on US-China talks in Geneva
Any minute now..
Politics
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Fxstreet
Forex Today: Gold drops as risk flows dominate markets to start week
Here is what you need to know on Monday, May 12:
RiskAppetite
Currencies
Majors
Commodities
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Forex Live
US-China tariff reductions reportedly will exceed 100%
As reported by a Hong Kong media outlet
Politics
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Fxstreet
FX option expiries for May 12 NY cut
FX option expiries for May 12 NY cut at 10:00 Eastern Time via DTCC can be found below.
Options
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Fxstreet
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $61.45 per barrel, up from Friday’s close at $60.68.
News Discussion Forum
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Forex Live
What are the main events for today?
All eyes on the US-China trade talks briefing
market overview
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Forex Live
Eurostoxx futures +1.1% in early European trading
A more positive mood as the optimism from US-China talks over the weekend permeate
Stocks
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Fxstreet
EUR/JPY retreats slightly from one-week high, up a little below 164.00 amid weaker JPY
The EUR/JPY cross regains positive traction on Monday and jumps to over a one-week top, around the 164.20 area during the Asian session, though it lacks follow-through.
RiskAppetite
ECB
Currencies
BOJ
EURJPY
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Forex Live
Heads up: Bessent to speak on China talks at 0700 GMT
US Treasury Secretary, Scott Bessent, is to brief on China talks in about one-and-a-half hours from now
Politics
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Fxstreet
Silver Price Forecast: XAG/USD rises to near $33.00 on M&A news, geopolitical tensions
Silver price (XAG/USD) is extending its gains for the third consecutive session, trading around $32.90 per troy ounce during Asian hours on Monday.
Silver
Metals
Commodities
Macroeconomics
XAGUSD
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Fxstreet
USD/CHF jumps to near 0.8350 on US-China trade hopes
The USD/CHF pair rises to near 0.8340 during the early European session on Monday. The Swiss Franc (CHF) edges lower against the Greenback amid easing concerns of a trade war between the United States (US) and China, the world's two biggest economies.
Majors
USDCHF
Macroeconomics
News Discussion Forum
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Forex Live
Market Outlook for the week of 12th - 16th May
Highlights of the week include Australian labor market data, U.S. inflation and retail sales figures
AUD
USD
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Forex Live
One good reason to be optimistic of US-China talks over the weekend
China rarely ever sounds this positive in painting the same picture as Trump's interpretation
Politics
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Fxstreet
EUR/USD Price Analysis: Bears await break below 1.1200 ahead of US-China joint statement
The EUR/USD pair kicks off the new week on a weaker note amid a modest US Dollar (USD) uptick, bolstered by the optimism over a US-China trade deal.
Technical Analysis
Currencies
EURUSD
TradeWar
Majors
News Discussion Forum
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Fxstreet
Gold price selling bias remains unabated; bears retain control amid a combination of negative factors
Gold price (XAU/USD) drops to a one-and-a-half-week low, around the $3,216 area, during the first half of the European session on Monday and seems vulnerable to slide further.
RiskAppetite
Fed
SEO
Gold
Commodities
News Discussion Forum
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Fxstreet
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Monday, according to data compiled by FXStreet.
Gold
Commodities
Metals
India
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Fxstreet
US Dollar Index Price Forecast: Trades near 100.50, remains below channel’s upper boundary
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against a basket of six major currencies, is losing ground for the second successive session, trading near 100.60 during the Asian hours on Monday.
Technical Analysis
Majors
DollarIndex
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Goldman Sachs has raised its forecast for China's yuan
USD/CNY to 7
CNY
CNH
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Fxstreet
USD/INR rises as India-Pakistan top military officials to speak as ceasefire holds
The Indian Rupee (INR) weakens on Monday, pressured by increasing tensions on the border between the nuclear-armed rivals India and Pakistan. The renewed US Dollar (USD) demand following the optimism between US-China trade talks and a jump in crude oil prices could drag the Indian currency lower.
EmergingMarkets
SEO
USDINR
India
Macroeconomics
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Forex Live
ForexLive Asia-Pacific FX news wrap: US & China officials upbeat on trade talks
Forex news for Asian trading on Monday, May 12, 2025
Session wrap
Wrap Asia
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Fxstreet
USD/CAD steadies near 1.3950 as US Dollar receives support from trade optimism
USD/CAD is attempting to hold gains for the fourth consecutive session, hovering around 1.3940 during Monday’s Asian trading hours. The pair remains supported as the US Dollar (USD) gains strength following reported progress in US-China trade talks over the weekend in Switzerland.
Canada
BOC
USDCAD
Majors
Macroeconomics
News Discussion Forum
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Fxstreet
WTI sits near two-week high, just below $61.00 as traders await US-China trade deal details
West Texas Intermediate (WTI) US Crude Oil prices rise to a nearly two-week high during the Asian session on Monday, though bulls struggle to find acceptance or build on the momentum beyond the $61.00 mark.
Oil
OPEC
TradeWar
WTI
Commodities
News Discussion Forum
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Fxstreet
Australian Dollar depreciates due to positive US-China trade developments
The Australian Dollar (AUD) is depreciating as the US Dollar (USD) strengthened after the release of a joint statement from the high-level trade negotiations held over the weekend in Geneva, Switzerland.
Australia
SEO
Majors
AUDUSD
Macroeconomics
News Discussion Forum
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Fxstreet
Japanese Yen plummets to fresh one-month low against USD after US and China agree to lower tariffs
The Japanese Yen (JPY) adds to intraday losses and touches a fresh one-month low against its American counterpart heading into the European session on Monday as the US-China trade deal optimism continues to weigh on safe-haven assets.
TradeWar
Fed
BOJ
SEO
USDJPY
News Discussion Forum
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Fxstreet
NZD/USD attracts some buyers above 0.5900 on US-China trade optimism
The NZD/USD pair gains traction to near 0.5925 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) strengthens against the Greenback amid easing concerns over a trade war between the United States and China.
Majors
NZDUSD
Macroeconomics
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Fxstreet
Japan PM Ishiba: Autos, agriculture, airplane parts are all separate from security matters
Japanese Prime Minister (PM) Shigeru Ishiba said on Monday that “autos, agriculture, airplane parts are all separate from security matters,” while setting out some outlines on trade negotiations.
TradeWar
UnitedStates
Japan
USDJPY
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Forex Live
Japan PM Ishiba: Autos, agriculture, airplane parts are all separate from security matters
Japan is drawing lines in negotiations
JPY
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Fxstreet
PBOC sets USD/CNY reference rate at 7.2066 vs. 7.2095 previous
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.2066 as compared to Friday's fix of 7.2095 and 7.2429 Reuters estimate.
Currencies
CentralBanks
USDCNY
PBOC
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Forex Live
Goldman Sachs forecasts - Brent/WTI average $60/56 in the rest of 2025, and $56/52 in 2026
Expects solid supply growth
Oil
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Fxstreet
EUR/USD trades below 1.1250, eases due to ECB dovish signals
EUR/USD is retreating from gains posted in the previous session, trading near 1.1240 during Monday’s Asian session.
ECB
EURUSD
Eurozone
Majors
Macroeconomics
News Discussion Forum
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Fxstreet
Gold Price Forecast: XAU/USD tumbles below $3,300 on progress in US-China trade talks
The Gold price (XAU/USD) attracts some sellers to near $3,275 during the early Asian session on Monday, pressured by a stronger US Dollar (USD). Optimism in US-China trade talks in Geneva, Switzerland, over the weekend has dragged the precious metal lower.
XAUUSD
Gold
Commodities
Macroeconomics
News Discussion Forum
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Forex Live
Awaiting the joint statement from China and the US on Geneva trade talks - no time set
Update
China
USD
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