Current news is English only but we will be adding multilingual news - check back soon.
USD/CAD holds gains near 1.3850 as trade optimism supports US Dollar
USD/CAD holds gains near 1.3850 as trade optimism supports US Dollar
USD/CAD is holding gains for a second consecutive session, trading near 1.3840 during Wednesday’s Asian session. The pair remains supported as the US Dollar (USD) benefits from renewed optimism surrounding US-China trade developments.
Canada
USDCAD
Majors
Macroeconomics
NZD/USD remains confined in a narrow range below mid-0.5900s after Chinese PMIs
NZD/USD remains confined in a narrow range below mid-0.5900s after Chinese PMIs
The NZD/USD pair struggles to gain any meaningful traction during the Asian session on Wednesday and languishes near the lower end of a nearly two-week-old trading range. Spot prices hold steady around the 0.5930 region and move little following the release of Chinese PMIs.
China
Currencies
TradeWar
PMI
NZDUSD
Australian Treasurer Chalmers: Market expects more interest rate cuts after inflation figures
Australian Treasurer Chalmers: Market expects more interest rate cuts after inflation figures
Australian Treasurer Jim Chalmers said on Wednesday that “the market expects more interest rate cuts after inflation figures.”
Australia
RBA
Inflation
AUDUSD
Japanese Yen consolidates in narrow range as traders await BoJ policy update
Japanese Yen consolidates in narrow range as traders await BoJ policy update
The Japanese Yen (JPY) struggles to gain any meaningful traction on Wednesday and oscillates in a narrow trading range against its American counterpart during the Asian session amid mixed cues. US President Donald Trump signed an order to ease the impact of new tariffs on the auto industry.
RiskAppetite
TradeWar
BOJ
SEO
USDJPY
EUR/USD with a quick drop
EUR/USD with a quick drop
No fresh catalysts sighted
Australian Treasurer Chalmers says says the market expects more interest rate cuts
Australian Treasurer Chalmers says says the market expects more interest rate cuts
Chalmers painting an encouraging picture ahead of this weekend's election in Australia
Australian Dollar gains ground following CPI, China's PMI data
Australian Dollar gains ground following CPI, China's PMI data
The Australian Dollar (AUD) is gaining ground on Wednesday following a more than 0.50% decline against the US Dollar (USD) in the previous session. The AUD/USD pair appreciates following the release of key economic data from Australia and China.
Australia
SEO
Majors
AUDUSD
Macroeconomics
China's Caixin Manufacturing PMI drops to 50.4 in April vs. 49.9 expected
China's Caixin Manufacturing PMI drops to 50.4 in April vs. 49.9 expected
China's Caixin Manufacturing Purchasing Managers' Index (PMI) fell to 50.4 in April from 51.2 in March, according to the latest data released on Wednesday.
Manufacturing
China
EconomicIndicator
AUDUSD
PMI
China Caixin Manufacturing PMI for April 2025 50.4 (expected 49.9, prior 51.2)
China Caixin Manufacturing PMI for April 2025 50.4 (expected 49.9, prior 51.2)
This is the private survey PMI, a solid beat result!
CNY
China Stock Market
China
CNH
China's NBS Manufacturing PMI contracts to 49 in April, Non-Manufacturing PMI dips to 50.4
China's NBS Manufacturing PMI contracts to 49 in April, Non-Manufacturing PMI dips to 50.4
China’s official Manufacturing Purchasing Managers' Index (PMI) contracted to 49 in April, compared to March’s 50.5. The reading came in below the market consensus of 49.9 in the reported month. 
Manufacturing
China
EconomicIndicator
AUDUSD
PMI
China April official Manufacturing PMI 49.0 (expected of 49.5)
China April official Manufacturing PMI 49.0 (expected of 49.5)
Non manufacturing 50.4 (expected 49.9)
CNY
China Stock Market
China
CNH
Australian Q1 2025 inflation headline 2.4% y/y (expected 2.2%)
Australian Q1 2025 inflation headline 2.4% y/y (expected 2.2%)
Q1 and March month inflation data for Australia - it's the quarterly data that is of most focus
Japan’s Akazawa: Assessing impact of recent changes to US auto tariffs
Japan’s Akazawa: Assessing impact of recent changes to US auto tariffs
Japanese Economy Minister Ryosei Akazawa said on Wednesday that they are “assessing impact of recent changes to US auto tariffs.”
TradeWar
UnitedStates
Japan
USDJPY
PBOC sets USD/CNY reference rate at 7.2014 vs. 7.2029 previous
PBOC sets USD/CNY reference rate at 7.2014 vs. 7.2029 previous
On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.2014 as compared to the previous day's fix of 7.2029 and 7.2670 Reuters estimate.
Currencies
CentralBanks
USDCNY
PBOC
PBOC sets USD/ CNY central rate at 7.2014 (vs. estimate at 7.2670)
PBOC sets USD/ CNY central rate at 7.2014 (vs. estimate at 7.2670)
PBOC CNY reference rate setting for the trading session ahead.
CNY
China Stock Market
China
CNH
pboc
GBP/USD holds positive ground above 1.3400, eyes on key US data releases 
GBP/USD holds positive ground above 1.3400, eyes on key US data releases 
The GBP/USD pair trades with mild gains near 1.3405 during the early Asian session on Wednesday. The weaker-than-expected US economic data drags the Greenback lower.
GBPUSD
Majors
Macroeconomics
PBOC is expected to set the USD/CNY reference rate at 7.2670 – Reuters estimate
PBOC is expected to set the USD/CNY reference rate at 7.2670 – Reuters estimate
PBOC CNY reference rate setting for the trading session ahead.
CNY
China Stock Market
China
CNH
pboc
Japanese government official expresses mixed feelings on Trump tariffs
Japanese government official expresses mixed feelings on Trump tariffs
Sheesh ... the dude has a government job, the poor figures don't impact his pay cheque
FT reports Trump's top economic adviser Miran 'out of his depth' in hedge fund Q&A
FT reports Trump's top economic adviser Miran 'out of his depth' in hedge fund Q&A
Miran addressed hedge funds and other major investors, he was described as incoherent and out of his depth, just spouting talking points.
Bonds
Gold Price Forecast: XAU/USD drifts lower to near $3,310 ahead of key US data releases 
Gold Price Forecast: XAU/USD drifts lower to near $3,310 ahead of key US data releases 
The Gold price (XAU/USD) extends the decline to near $3,315 during the early Asian session on Wednesday. The precious metal edges lower amid easing trade tensions and better risk sentiment in global markets.
XAUUSD
Gold
Commodities
Macroeconomics
Japan March retail sales +3.1% y/y (vs. expected +3.5%)
Japan March retail sales +3.1% y/y (vs. expected +3.5%)
The Bank of Japan meets April 30 and May 1 and are expected to leave policy unchanged
Japan March 2025 preliminary industrial production -1.1% m/m (expected -0.4%)
Japan March 2025 preliminary industrial production -1.1% m/m (expected -0.4%)
The Bank of Japan meet today and May 1, this data is unlikely to sway them either way
EUR/USD gathers strength to near 1.1400 ahead of German data, US PCE releases
EUR/USD gathers strength to near 1.1400 ahead of German data, US PCE releases
The EUR/USD pair gains ground to near 1.1390 during the early Asian session on Wednesday. The US Dollar (USD) edges lower against the Euro (EUR) due to softer-than-expected US economic data.
EURUSD
Majors
Macroeconomics
UK April business sentiment fell to its lowest level in three months
UK April business sentiment fell to its lowest level in three months
Lloyds Business Barometer for April 2025 fell to 39, from its previous month's reading of 49
Trump says Federal Reserve 'person' is not doing a good job
Trump says Federal Reserve 'person' is not doing a good job
Trump appears to be unable to recall Federal Reserve Chair Powell's name?
Politics
Fed
Mexican Peso firms as softer US data boosts risk appetite
Mexican Peso firms as softer US data boosts risk appetite
The Mexican Peso (MXN) appreciated against the US Dollar (USD) after touching a daily low of 19.65, as risk appetite improved following the release of softer-than-expected data. At the time of writing, USD/MXN trades at 19.56, down 0.12%.
Mexico
SEO
USDMXN
Banxico
Fundamental Analysis
US equity index have gapped a little lower upon Globex reopening for evening trade
US equity index have gapped a little lower upon Globex reopening for evening trade
'Overnight' trade on Globex has begun, offering up some lower prices
SPX
Nasdaq
USD/JPY edges higher as softer US data weighs on yields despite trade uncertainty
USD/JPY edges higher as softer US data weighs on yields despite trade uncertainty
The USD/JPY pair is trading around the 142.00 handle during the North American session on Tuesday. The pair saw some upward movement as the US Dollar (USD) steadied following the release of softer-than-expected US JOLTS Job Openings data and a sharp drop in Consumer Confidence.
Technical Analysis
Currencies
Majors
USDJPY
US inflation data due Wednesday - what investment banks expect for March PCE
US inflation data due Wednesday - what investment banks expect for March PCE
PCE price index is due at 10 am US Eastern time on Wednesday. 1400 GMT
SPX
Fed
USD
EUR/JPY Price Analysis: Bullish Momentum Holds Despite Minor Dip Before Asia
EUR/JPY Price Analysis: Bullish Momentum Holds Despite Minor Dip Before Asia
In the lead-up to Tuesday's Asian trading session, EUR/JPY has seen a minor decline, trading near the 162.00 mark. Despite a sell signal from one momentum indicator, the broader technical landscape suggests underlying bullish strength, supported by several key moving averages.
Crosses
Technical Analysis
Currencies
EURJPY
Bullish
Australia’s CPI inflation climbs to 0.9% QoQ in Q1 vs. 0.8% expected
Australia’s CPI inflation climbs to 0.9% QoQ in Q1 vs. 0.8% expected
Australia’s Consumer Price Index (CPI) rose 0.9% QoQ in the first quarter (Q1) of 2025, compared with the 0.2% increase seen in the fourth quarter, according to the latest data published by the Australian Bureau of Statistics (ABS) on Wednesday.
RBA
TradeWar
CPI
AUDUSD
Reminder - Goldman Sachs expects the US dollar has further to fall
Reminder - Goldman Sachs expects the US dollar has further to fall
And will exacerbate inflationary pressure in the US
AUD/NZD Price Analysis: Bearish signals emerge ahead of Asia open
AUD/NZD Price Analysis: Bearish signals emerge ahead of Asia open
The AUD/NZD has experienced some downward pressure, hovering near the 1.07 zone on Tuesday. Despite mixed signals from some momentum indicators, the longer-term technical picture appears to favor the bears, with several moving averages reinforcing this sentiment.
Crosses
Technical Analysis
Australia
Currencies
AUDNZD
Canadian Prime Minister Carney and Trump spoke on the phone
Canadian Prime Minister Carney and Trump spoke on the phone
Trump's threats gave Carney a huge boost in the election
Oil: private survey of inventory shows headline crude oil build much larger than expected
Oil: private survey of inventory shows headline crude oil build much larger than expected
This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.
Wall Street Could Soon Trade Dogecoin as Nasdaq Submits ETF Application
Wall Street Could Soon Trade Dogecoin as Nasdaq Submits ETF Application
News Discussion Forum
By Finance Magnates
Wall Street Could Soon Trade Dogecoin as Nasdaq Submits ETF Application
Dogecoin, the meme-inspired cryptocurrency that began as a joke, may soon find itself listed on Wall Street. Nasdaq has submitted a formal request to the U.
Dogecoin
nasdaq
;