Current news is English only but we will be adding multilingual news - check back soon.
GBP/USD slips below 1.33 as US consumer sentiment turns negative, boosts USD
GBP/USD slips below 1.33 as US consumer sentiment turns negative, boosts USD
The Pound Sterling (GBP retreats against the US Dollar (USD) during the North American session, poised to end the week with minimal losses of over 0.24%.
GBPUSD
Majors
Technical Analysis
Currencies
Fundamental Analysis
Euro sags as US yields climb off the floor
Euro sags as US yields climb off the floor
Euro falls to the lows of the day
Webull Pay Taps Coinbase Infrastructure for Crypto Rewards and Staking Services
Webull Pay Taps Coinbase Infrastructure for Crypto Rewards and Staking Services
News Discussion Forum
By Finance Magnates
Webull Pay Taps Coinbase Infrastructure for Crypto Rewards and Staking Services
Webull Pay partnered with Coinbase in a deal that enables Webull Pay’s crypto services to run on Coinbase’s institutional-grade infrastructure.
Webull Pay
coinbase
NZD/USD edges higher as upbeat New Zealand data offsets cautious US Dollar tone
NZD/USD edges higher as upbeat New Zealand data offsets cautious US Dollar tone
NZD/USD edges higher to trade near 0.5894 at the start of the American trading hours on Friday, snapping a two-day losing streak. The pair is holding within this week’s range as it draws support from upbeat domestic data and rising inflation expectations.
NZDUSD
RBNZ
Inflation
PMI
US UoM Consumer Sentiment Index is seen at 50.8 in May
US UoM Consumer Sentiment Index is seen at 50.8 in May
US consumer sentiment weakened in early May, according to the University of Michigan’s preliminary survey. The Consumer Sentiment Index fell to 50.8 from 52.2 in April, undershooting market expectations and markin a decline in household confidence.
ConsumerConfidence
UnitedStates
EconomicIndicator
DollarIndex
EUR/JPY flattens around 163.00, Japan Q1 GDP contracts by 0.2%
EUR/JPY flattens around 163.00, Japan Q1 GDP contracts by 0.2%
The EUR/JPY pair trades flat around 163.00 after recovering its initial losses during North American trading hours on Friday. The cross rebounds as the Japanese Yen (JPY) faces slight selling pressure, following the release of the Japan Q1 Gross Domestic Product (GDP) data.
EURJPY
ECB
BOJ
GDP
Inflation
UMich May prelim consumer sentiment 50.8 vs 53.4 expected
UMich May prelim consumer sentiment 50.8 vs 53.4 expected
US May 2025 prelim UMich consumer sentiment
Japan not keep for compromise in US trade talks
Japan not keep for compromise in US trade talks
Japan wants all the auto tariffs removed
USD/JPY Price Forecast: Finds temporary support near 145.00
USD/JPY Price Forecast: Finds temporary support near 145.00
The USD/JPY pair recoups some of its initial losses and rebounds to near 145.50 during North American trading hours on Friday, while it is still 0.1% down.
USDJPY
GDP
Sentiment
DollarIndex
China
There has only been one negative day in the S&P 500 since April 21
There has only been one negative day in the S&P 500 since April 21
US stock futures up modestly as the bulls try for fifth day in a row
Mexican Peso falls against the Greenback despite US Sentiment miss
Mexican Peso falls against the Greenback despite US Sentiment miss
The Mexican peso (MXN) is trading lower against the US dollar (USD) on Friday, extending losses following Thursday’s rate cut by the Bank of Mexico (Banxico), which had been widely anticipated.
USDMXN
Banxico
EmergingMarkets
Currencies
Mexico
Capital.com’s Chief Product & Technology Officer Departs After Three Years
Capital.com’s Chief Product & Technology Officer Departs After Three Years
News Discussion Forum
By Finance Magnates
Capital.com’s Chief Product & Technology Officer Departs After Three Years
Dana Massey, the Chief Product & Technology Officer at Capital.com, has announced that he is stepping down.
Capital.com
retail
MOVE
industry move
executive moves
executive move
US April housing starts 1.361m vs 1.365m expected
US April housing starts 1.361m vs 1.365m expected
US housing starts and building permits data for April 2025
US April import prices +0.1% vs -0.4% expected
US April import prices +0.1% vs -0.4% expected
US import/export prices for April 2025
The Future of Trading: The Rise of Novice to Pro Traders
The Future of Trading: The Rise of Novice to Pro Traders
News Discussion Forum
By Finance Magnates
The Future of Trading: The Rise of Novice to Pro Traders
Greg Rubin, Head of Axi Select outlined the group’s goals and program structure.
USD/CAD extends consolidation ahead of US Consumer Sentiment data
USD/CAD extends consolidation ahead of US Consumer Sentiment data
USD/CAD is trading flat around 1.3960 at the time of writing on Friday, showing little to no directional bias as the pair remains confined within a narrow weekly range.
USDCAD
BOC
EconomicIndicator
INFINOX Welcomes Aditya Singh as Head of Product and Strategy
INFINOX Welcomes Aditya Singh as Head of Product and Strategy
News Discussion Forum
By Finance Magnates
INFINOX Welcomes Aditya Singh as Head of Product and Strategy
His appointment signals INFINOX’s investment in building a high-impact leadership team
Inflation expectations in the UMich report later in the day will be interesting
Inflation expectations in the UMich report later in the day will be interesting
Will expectations ease now that things got better on the tariffs front or will they increase further?
EUR stuck around 1.12 with risk in Fed pricing – Scotiabank
EUR stuck around 1.12 with risk in Fed pricing – Scotiabank
EUR/USD is extending its recent, quiet consolidation around 1.12 and trading with modest support into Friday’s NA session, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EURUSD
Banks
Technical Analysis
CAD consolidating within a right range and finding support from spreads – Scotiabank
CAD consolidating within a right range and finding support from spreads – Scotiabank
The Canadian Dollar (CAD) is entering Friday’s NA session flat vs. the USD as it consolidates around the midpoint of this week’s range, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USDCAD
Banks
Technical Analysis
Canada
BOC
US Dollar goes nowhere after President Trump said the U.S. will unilaterally set tariffs
US Dollar goes nowhere after President Trump said the U.S. will unilaterally set tariffs
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is trading flat around 100.80. The DXY is for now able to avoid a weekly loss while market participants are starting to raise questions over the stability of the Greenback.
DollarIndex
Macroeconomics
UnitedStates
SEO
TradeWar
ForexLive European FX news wrap: Major currencies little changed, gold falls back
ForexLive European FX news wrap: Major currencies little changed, gold falls back
Forex news from the European morning session on May 16, 2025
Session wrap
Wrap Europe
First new market forecasts for Platinum and Palladium – Commerzbank
First new market forecasts for Platinum and Palladium – Commerzbank
A market-leading refiner of Platinum group metals headquartered in London yesterday published its new forecasts for the supply and demand of Platinum group metals, Commerzbank's commodity analyst Carsten Fritsch notes.
Banks
Metals
Platinum
Palladium
Markets quiet but USD looks vulnerable on pause in Fed cut fade trade – Scotiabank
Markets quiet but USD looks vulnerable on pause in Fed cut fade trade – Scotiabank
Markets are quiet heading into Friday’s NA session with limited movement across most of the G10 currencies and minimal dispersion in terms of performance, aside from NZD (outperforming on higher than expected inflation expectation data) and SEK (underperforming in response to Riksbank Gov.
Banks
DollarIndex
Technical Analysis
Fed
GTCFX Appoints CCO with 13 Years at Alpari Following FinCom Approval
GTCFX Appoints CCO with 13 Years at Alpari Following FinCom Approval
News Discussion Forum
By Finance Magnates
GTCFX Appoints CCO with 13 Years at Alpari Following FinCom Approval
Mikhail S. announced on LinkedIn today that he has started a new role as Chief Commercial Officer (CCO) at GTCFX.
GTCFX
retail
retail FX
moves
MOVE
industry move
executive moves
executive move
Alpari
AUD/USD holds key level of 0.6400, RBA monetary policy in focus
AUD/USD holds key level of 0.6400, RBA monetary policy in focus
The AUD/USD pair is slightly higher to near 0.6420 during European trading hours on Friday, but is inside Thursday’s trading range. The Aussie pair is expected to trade broadly sideways as investors await the Reserve Bank of Australia’s interest rate decision, which will be announced on Tuesday.
AUDUSD
RBA
Sentiment
UnitedStates
China
Gold on the rollercoaster – Commerzbank
Gold on the rollercoaster – Commerzbank
"The price of Gold went on a bit of a rollercoaster ride on Thursday, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
Gold
XAUUSD
Banks
Commodities
Metals
OPEC still sees undersupplied Oil market – Commerzbank
OPEC still sees undersupplied Oil market – Commerzbank
OPEC has also confirmed its forecasts for Oil demand, Commerzbank's commodity analyst Carsten Fritsch notes.
Oil
Banks
Energy
OPEC
Silver Price Forecast: XAG/USD slides to near $32.30 on US-China trade optimism
Silver Price Forecast: XAG/USD slides to near $32.30 on US-China trade optimism
Silver price (XAG/USD) falls sharply to near $32.30 during European trading hours on Friday. The white metal is down over 1% as investors become increasingly confident about a trade deal between the United States (US) and China.
Silver
XAGUSD
YieldCurve
China
UnitedStates
IEA sees Oil market still significantly oversupplied despite higher demand forecast – Commerzbank
IEA sees Oil market still significantly oversupplied despite higher demand forecast – Commerzbank
The International Energy Agency (IEA) has left its forecast for the increase in global Oil demand virtually unchanged. It expects growth of 740 thousand and 760 thousand barrels per day this year and next year respectively. However, demand momentum is expected to slow over the course of the year.
Oil
Banks
Energy
Brent
Cut Costs, Keep Traders — NYCServers Expands Free VPS Program for Brokers
Cut Costs, Keep Traders — NYCServers Expands Free VPS Program for Brokers
News Discussion Forum
By Finance Magnates
Cut Costs, Keep Traders — NYCServers Expands Free VPS Program for Brokers
NYCServers is now onboarding new partners globally and expanding its program
Gold falls as trade tensions ease and Fed outlook shifts – Commerzbank
Gold falls as trade tensions ease and Fed outlook shifts – Commerzbank
The price of Gold has come under considerable pressure in recent days, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold
XAUUSD
Commodities
Banks
Metals
UK: EU trade deal remains the biggest prize – Standard Chartered
UK: EU trade deal remains the biggest prize – Standard Chartered
The UK government is aiming to build on recent momentum after trade deals with the US and India. The UK-EU summit on 19 May presents an opportunity to start reducing non-tariff barriers.
UnitedKingdom
Banks
Politics
GBPUSD
Russia-Ukraine talks in Istanbul set to begin shortly
Russia-Ukraine talks in Istanbul set to begin shortly
Reuters with the headline, citing a source from the Turkish foreign ministry
Politics
Oil gains on trade optimism, then slips on Iran talks – Commerzbank
Oil gains on trade optimism, then slips on Iran talks – Commerzbank
Oil prices rose significantly earlier this week, before falling again recently, Commerzbank's commodity analyst Carsten Fritsch notes.
Oil
Banks
Commodities
Energy
WTI