France May business confidence 97 vs 99 expected
France May business confidence 97 vs 99 expected
Latest data released by INSEE - 22 May 2025
Crude Oil price today: WTI price bullish at European opening
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $61.60 per barrel, up from Wednesday’s close at $61.23.
Oil
WTI
Commodities
Bullish
BoJ’s Noguchi: Recent rise in long-term rates likely won't have impact on our new bond taper plan
BoJ’s Noguchi: Recent rise in long-term rates likely won't have impact on our new bond taper plan
Bank of Japan (BoJ) board member Asahi Noguchi said on Thursday that the “recent rise in long-term rates likely won't have an impact on our new bond taper plan to be decided in June.”
BOJ
CentralBanks
USDJPY
InterestRate
FX option expiries for May 22 NY cut
FX option expiries for May 22 NY cut
FX option expiries for May 22 NY cut at 10:00 Eastern Time via DTCC can be found below.
Options
Currencies
EUR/JPY Price Forecast: Keeps bullish vibe, first upside target emerges above 163.00
EUR/JPY Price Forecast: Keeps bullish vibe, first upside target emerges above 163.00
The EUR/JPY cross attracts some sellers to around 162.35 during the early European session on Thursday. The Japanese Yen (JPY) weakens against the Euro (EUR) amid the growing speculation that the Bank of Japan (BoJ) will hike interest rates again this year. 
EURJPY
Crosses
Technical Analysis
Bullish
EUR/GBP remains below 0.8450, moves little ahead of PMI data from both economies
EUR/GBP remains below 0.8450, moves little ahead of PMI data from both economies
EUR/GBP posts little losses after registering gains in the previous three consecutive days. The currency cross trades lower at around 0.8440 during Thursday’s Asian hours.
EURGBP
Crosses
Macroeconomics
Eurozone
UnitedKingdom
USD/CAD trades with negative bias around mid-1.3800s, just above two-week low
USD/CAD trades with negative bias around mid-1.3800s, just above two-week low
The USD/CAD pair struggles to capitalize on the overnight bounce from the 1.3815-1.3810 region, or a two-week low, and trades with a negative bias for the fourth consecutive day on Thursday.
USDCAD
FiscalPolicy
Fed
BOC
Currencies
NZD/USD keeps the red above 0.5900 after NZ budget, downside seems cushioned
NZD/USD keeps the red above 0.5900 after NZ budget, downside seems cushioned
The NZD/USD pair extends the previous day's late pullback from the 0.5965-0.5670 area, or a one-week high, and attracts some follow-through selling during the Asian session on Thursday.
NZDUSD
RBNZ
FiscalPolicy
TradeWar
Currencies
Silver Price Forecast: XAG/USD posts monthly highs above $32.50 due to safe-haven demand
Silver Price Forecast: XAG/USD posts monthly highs above $32.50 due to safe-haven demand
Silver price (XAG/USD) rises to near $32.60 per troy ounce during the Asian trading hours on Thursday, gaining ground for the third successive session. Precious metals, including Silver, attract buyers amid rising safe-haven demand over growing fiscal concerns in the United States (US).
Silver
XAGUSD
Macroeconomics
Commodities
Metals
India Gold price today: Gold rises, according to FXStreet data
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Thursday, according to data compiled by FXStreet.
Gold
Commodities
Metals
India
What are the main events for today?
What are the main events for today?
We have a busy day ahead with Flash PMIs, Jobless Claims and potential vote on the "big, beautiful bill"
market overview
Gold price retreats further from two-week high; $3,300 mark holds the key for bulls
Gold price retreats further from two-week high; $3,300 mark holds the key for bulls
Gold price (XAU/USD) extends its steady intraday retracement slide from a nearly two-week high touched earlier this Thursday and slides to the lower end of its daily range during the first half of the European session.
Gold
Commodities
FiscalPolicy
TradeWar
SEO
Japan’s Top FX Diplomat Mimura: US did not discuss FX levels at finance ministers' meeting
Japan’s Top FX Diplomat Mimura: US did not discuss FX levels at finance ministers' meeting
Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange official, said early Thursday “ the US did not discuss FX levels at finance ministers' meeting.”
Japan
USDJPY
Currencies
UnitedStates
Levels
ForexLive Asia-Pacific FX news wrap: USD/JPY swings
ForexLive Asia-Pacific FX news wrap: USD/JPY swings
Forex news for Asian trading on Thursday, May 22, 2025
Session wrap
Wrap Asia
USD/INR jumps ahead of US PMI release
USD/INR jumps ahead of US PMI release
The Indian Rupee (INR) loses ground on Thursday. The latest data released on Thursday showed that the HSBC India Manufacturing Purchasing Managers Index (PMI) rose to 58.3 in May from the previous reading of 58.2. This figure came in stronger than the 58.0 expected.
USDINR
SEO
Macroeconomics
India
EmergingMarkets
GBP/USD rises to near 1.3450 ahead of UK PMI data
GBP/USD rises to near 1.3450 ahead of UK PMI data
GBP/USD trades higher for the fourth successive day with trading around 1.3430 during the Asian hours on Thursday.
GBPUSD
Majors
Macroeconomics
UnitedKingdom
A US House vote on Trump's tax cut bill is edging closer - House Rules Committee approves
A US House vote on Trump's tax cut bill is edging closer - House Rules Committee approves
U.S. House Rules Committee approves Trump’s tax-cut bill
Politics
USD
Japanese Yen seems poised to appreciate further; USD/JPY hangs near two-week trough
Japanese Yen seems poised to appreciate further; USD/JPY hangs near two-week trough
The Japanese Yen (JPY) hits a fresh two-week top against a broadly weaker US Dollar (USD) heading into the European session on Thursday and seems poised to appreciate further.
USDJPY
BOJ
RiskAversion
Fed
SEO
Trump told EU heads in private Putin isn’t ready to end war – WSJ
Trump told EU heads in private Putin isn’t ready to end war – WSJ
Citing three people familiar with the conversation, the Wall Street Journal (WSJ) reported late Wednesday that “On a call Monday, President Trump told European leaders that Russian President Vladimir Putin isn’t ready to end the war because he thinks he is winning.”
Politics
RiskAversion
DollarIndex
RussianFederation
UnitedStates
New Zealand boosts bond program by NZ$4 billion over four years
New Zealand boosts bond program by NZ$4 billion over four years
New Zealand Finance Minister Nicola Willis presents the nation’s Budget on Thursday, with the key highlights noted below.
NewZealand
NZDUSD
Macroeconomics
FiscalPolicy
CBA sees gold hitting $3,750/oz by year-end on safe-haven flows, weaker dollar
CBA sees gold hitting $3,750/oz by year-end on safe-haven flows, weaker dollar
US dollar to gradually weaken through the second half of 2025 and into 2026
Gold
WTI slumps to near $61.00, traders await fresh round of nuclear talks between US and Iran
WTI slumps to near $61.00, traders await fresh round of nuclear talks between US and Iran
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.10 during the Asian trading hours on Thursday. The WTI price edges lower on the report that a fresh round of nuclear talks between the United States and Iran would take place later this week.
Oil
WTI
Commodities
Macroeconomics
BoJ’s Noguchi: Japan’s economy is growing steadily
BoJ’s Noguchi: Japan’s economy is growing steadily
Bank of Japan (BoJ) board member Asahi Noguchi said on Thursday that the Japanese economy is growing steadily. Noguchi further stated that the central bank is likely to keep adjusting the policy rate, while carefully assessing whether underlying inflation would be stabilising around 2%.
Japan
BOJ
Macroeconomics
Australian Dollar trims recent gains as US Dollar recovers ahead of PMI data
Australian Dollar trims recent gains as US Dollar recovers ahead of PMI data
The Australian Dollar (AUD) remains slightly higher against the US Dollar (USD) after trimming daily gains on Thursday. The AUD/USD pair maintains its position following the release of the preliminary S&P Global Purchasing Managers Index (PMI) data.
AUDUSD
SEO
Majors
Macroeconomics
Australia
PBOC sets USD/CNY reference rate at 7.1903 vs. 7.1937 previous
PBOC sets USD/CNY reference rate at 7.1903 vs. 7.1937 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1903 as compared to the previous day's fix of 7.1937 and 7.2009 Reuters estimate.
USDCNY
PBOC
CentralBanks
Currencies
USD/CAD extends the decline to near 1.3850 amid weaker US Dollar 
USD/CAD extends the decline to near 1.3850 amid weaker US Dollar 
The USD/CAD pair extends its downside to around 1.3855 during the early Asian session on Thursday, pressured by a weaker US Dollar (USD).
USDCAD
Majors
Macroeconomics
Singapore Q1 GDP -0.6% q/q (expected -1.0%, prior -0.8%)
Singapore Q1 GDP -0.6% q/q (expected -1.0%, prior -0.8%)
Singapore economic growth data, January - March 2025
Heads to roll in North Korea - Kim sees negligence and irresponsibility
Heads to roll in North Korea - Kim sees negligence and irresponsibility
An accident occurred during launch of North Korean warship - Kim was present
Japan machinery orders surge, +13% m/m (expected -1.6%)
Japan machinery orders surge, +13% m/m (expected -1.6%)
March 2025 machine orders data from Japan
Japan’s Kato says unsustainable imbalance in some countries behind trade imbalance
Japan’s Kato says unsustainable imbalance in some countries behind trade imbalance
US Secretary Scott Bessent and Japan’s Finance Minister Shunichi Kato discussed important issues pertaining to the US-Japan economic relationship, including global security and the ongoing bilateral trade discussions between the US and Japan.
Japan
UnitedStates
Macroeconomics