Forex News & Analysis

Forexlive Americas FX news wrap 23 May: Pres. Trump is not partial to who he tariffs

15 hours ago

News Discussion Forum

By Forex Live

Forexlive Americas FX news wrap 23 May: Pres. Trump is not partial to who he tariffs

Forex news for North American trading on May 23, 2025

Session wrap

Wrap Nth America

Commento

USD/CHF Price Forecast: Sinks to a two-week low near 0’.8200 on safe-haven demand

15 hours ago

News Discussion Forum

By Fxstreet

USD/CHF Price Forecast: Sinks to a two-week low near 0’.8200 on safe-haven demand

USD/CHF continues to weaken as the downtrend extends past 0.8250 as the pair losses almost 1%. Investors seeking safety bought the Swiss Franc after US President Donald Trump threatened to enact tariffs of 50% on Europe and 25% on Apple’s iPhone manufactured overseas.

USDCHF

Technical Analysis

Currencies

Majors

Commento

USD/CHF Price Forecast: Sinks to a two-week low near 0.8200 amid safe-haven demand

15 hours ago

News Discussion Forum

By Fxstreet

USD/CHF Price Forecast: Sinks to a two-week low near 0.8200 amid safe-haven demand

USD/CHF continues to weaken as the downtrend extends past 0.8250, as the pair loses almost 1%. Investors seeking safety bought the Swiss Franc (CHF) after US President Donald Trump threatened to enact tariffs of 50% on the European Union (EU) and 25% on Apple’s iPhone manufactured overseas.

USDCHF

Technical Analysis

Currencies

Majors

Commento

US stock markets lower to end the week as Trump picks a fight with the EU

16 hours ago

News Discussion Forum

By Forex Live

US stock markets lower to end the week as Trump picks a fight with the EU

Closing changes

SPX

Commento

US yields slide as Trump tariff threats rattle markets, fuel ‘Sell America’ trend

16 hours ago

News Discussion Forum

By Fxstreet

US yields slide as Trump tariff threats rattle markets, fuel ‘Sell America’ trend

US Treasury yields fall across the whole curve following Trump’s threats to impose tariffs on Apple’s iPhones not manufactured in the US and duties on European imports. At the time of writing, the US 10-year Treasury note yield is down two basis points at 4.509%.

YieldCurve

Bonds

UnitedStates

Fed

US Elections

Commento

Sefcovic: EU stands ready to defend its interests

16 hours ago

News Discussion Forum

By Forex Live

Sefcovic: EU stands ready to defend its interests

Comments from the EU trade chief after a call with US counterpart

EUR

Commento

Canadian Dollar soars as markets pull away from Greenback on Friday

16 hours ago

News Discussion Forum

By Fxstreet

Canadian Dollar soars as markets pull away from Greenback on Friday

The Canadian Dollar (CAD) caught a huge boost from market-wide Greenback weakness on Friday. The Loonie climbed over a full percent against the waffling US Dollar (USD) following a fresh batch of eerily-familiar-looking tariff threats from United States (US) President Donald Trump.

USDCAD

SEO

TradeWar

Commento

Trump appears to approve the Nippon takeover of US Steel -- with a healthy dose of spin

16 hours ago

News Discussion Forum

By Forex Live

Trump appears to approve the Nippon takeover of US Steel -- with a healthy dose of spin

The long merger could be completed in short order

JPY

Commento

NZD/USD surges toward 0.6000 amid resilient Retail Sales figures and USD weakness

16 hours ago

News Discussion Forum

By Fxstreet

NZD/USD surges toward 0.6000 amid resilient Retail Sales figures and USD weakness

The New Zealand Dollar (NZD) has strengthened against the US Dollar (USD) on Friday, buoyed by positive Retail Sales data and a weaker Greenback.

NZDUSD

Majors

Currencies

Macroeconomics

Fundamental Analysis

Commento

EUR/USD snaps back above 1.1300 as Trump's tariff salvo roils markets

17 hours ago

News Discussion Forum

By Fxstreet

EUR/USD snaps back above 1.1300 as Trump's tariff salvo roils markets

EUR/USD recovered during the mid-North American session on Friday after diving below 1.1300 after US President Donald Trump rattled the markets by threatening to impose 50% tariffs on the European Union (EU). At the time of writing, the pair recovered and climbed to around 1.1350

EURUSD

Technical Analysis

Fundamental Analysis

Macroeconomics

SEO

Commento

US Dollar Index dives to two-week low on Trump’s tariff threats and fiscal jitters

17 hours ago

News Discussion Forum

By Fxstreet

US Dollar Index dives to two-week low on Trump’s tariff threats and fiscal jitters

The US Dollar Index (DXY), which tracks the value of the US Dollar (USD) against a basket of six major currencies, slumps sharply on Friday, down over 1.8% for the week after posting a modest gain on Thursday to trade around 99.10 near a two-week low, ahead of the weekend.

DollarIndex

TradeWar

Commento

17 hours ago

News Discussion Forum

By Forex Live

Crude oil settles up $0.33 at $61.53

Oil

Commento

BofA: Yen faces summer weakness; we target USD/JPY at 155 by year-end

17 hours ago

News Discussion Forum

By Forex Live

BofA: Yen faces summer weakness; we target USD/JPY at 155 by year-end

USD/JPY down 153 pips to 142.48 today

JPY

Commento

President Trump adds Samsung to his wishlist of tariffs targeting individual companies

17 hours ago

News Discussion Forum

By Fxstreet

President Trump adds Samsung to his wishlist of tariffs targeting individual companies

During statements made to the press during his weekly Executive Order signing, United States (US) President Donald Trump added further tariff commentary, though not necessarily clarity, to his social media posts earlier on Friday.

UnitedStates

TradeWar

Politics

Commento

WTI Crude Oil trades above $61.00 with prices consolidating in a tight range

17 hours ago

News Discussion Forum

By Fxstreet

WTI Crude Oil trades above $61.00 with prices consolidating in a tight range

Crude oil prices have rebounded on Friday, allowing prices to erase Thursday’s losses.

Oil

WTI

Energy

Technical Analysis

Commodities

Commento

Dow Jones Industrial Average declines on Friday as fresh tariff threats emerge

17 hours ago

News Discussion Forum

By Fxstreet

Dow Jones Industrial Average declines on Friday as fresh tariff threats emerge

The Dow Jones Industrial Average (DJIA) saw stiff losses during the Friday market session The major equity index declined 780 points top-to-bottom and tapped 41,200 before a slow crawl back to the 41,750 region.

DowJones

Equities

SEO

TradeWar

Commento

Trump: I'm not looking for a deal with EU, it's set at 50%

18 hours ago

News Discussion Forum

By Forex Live

Trump: I'm not looking for a deal with EU, it's set at 50%

That's not a great sign

Politics

Commento

GBP/USD surges past 1.3500 to a three-year high on strong UK Retail Sales, weak US Dollar

18 hours ago

News Discussion Forum

By Fxstreet

GBP/USD surges past 1.3500 to a three-year high on strong UK Retail Sales, weak US Dollar

The British Pound (GBP) rises sharply against the US Dollar (USD) to its highest level in three years on Friday.

GBPUSD

RetailSales

Inflation

PMI

Commento

S&P 500, DAX, Crypto Sink as as Trump Slaps 50% Tariff Threat on EU, Targets iPhones

18 hours ago

News Discussion Forum

By Finance Magnates

S&P 500, DAX, Crypto Sink as as Trump Slaps 50% Tariff Threat on EU, Targets iPhones

The simmering trade conflict between the United States and the European Union escalated sharply when President Donald Trump announced plans to impose a 50% tariff on all EU goods entering the U.

Trump Tariffs

Commento

Credit Agricole: The return of USD 'frown'; is a 'Truss Moment' inevitable?

18 hours ago

News Discussion Forum

By Forex Live

Credit Agricole: The return of USD 'frown'; is a 'Truss Moment' inevitable?

Credit Agricole predicts USD weakness as US equities falter

USD

Commento

AUDUSD breaks to new highs for the week/new highs going back to May 14

19 hours ago

News Discussion Forum

By Forex Live

AUDUSD breaks to new highs for the week/new highs going back to May 14

The 0.6500 in the AUDUSD was the highest level from May 14

AUD

Commento

19 hours ago

News Discussion Forum

By Forex Live

Baker Hughes oil rig count -8 to 465

Total rig counts down -10.

Oil

Commento

Fed's Cook: Bond markets were 'orderly' in April, but seeing rising stress in households

19 hours ago

News Discussion Forum

By Fxstreet

Fed's Cook: Bond markets were 'orderly' in April, but seeing rising stress in households

Federal Reserve (Fed) Board of Governors member Dr.

Fed

CentralBanks

Inflation

Bonds

Commento

EUR/GBP consolidates on positive UK Retail Sales and Trump’s EU tariff threat

19 hours ago

News Discussion Forum

By Fxstreet

EUR/GBP consolidates on positive UK Retail Sales and Trump’s EU tariff threat

The Euro (EUR) is trading in a tight range against the British Pound (GBP) after Friday’s positive UK Retail Sales data and a resurgence of tariff uncertainty contributed to global risk sentiment.

EURGBP

Fundamental Analysis

RetailSales

Commento

Gold rallies past $3,350 as Trump escalates trade war with EU

19 hours ago

News Discussion Forum

By Fxstreet

Gold rallies past $3,350 as Trump escalates trade war with EU

Gold's price uptrend resumed on Friday, with the yellow metal rising close to 2% daily and 5% in the week, as the US Dollar (USD) weakened further after US President Donald Trump escalated the ‘trade war’ with the European Union (EU).

Gold

XAUUSD

Fundamental Analysis

Fed

SEO

Commento

20 hours ago

News Discussion Forum

By Forex Live

EURUSD bounces back higher

The EURUSD got within 5 pips of the 100-hour MA and bounced

EUR

Commento

AUD/USD eyes breakout above 0.6500 amid weak US Dollar

20 hours ago

News Discussion Forum

By Fxstreet

AUD/USD eyes breakout above 0.6500 amid weak US Dollar

The Australian Dollar (AUD) pushes higher against the US Dollar (USD), reaching a fresh weekly high near 0.6480 on Friday, up more than 1.20% on the day.

AUDUSD

Technical Analysis

SupportResistance

Commento