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Forexlive Americas FX news wrap 30 May: PCE dips but may be the low for the cycle.
12 hours ago
Forexlive Americas FX news wrap 30 May: PCE dips but may be the low for the cycle.
Forex news for North American trading on May 30, 2025
Session wrap
Wrap Nth America
Canadian Dollar lurches higher on upbeat quarterly GDP growth
13 hours ago
Canadian Dollar lurches higher on upbeat quarterly GDP growth
The Canadian Dollar (CAD) found some room on the top side on Friday, spurred higher by a better-than-expected print in Canadian Gross Domestic Product (GDP) growth figures for the first quarter.
USDCAD
SEO
GDP
USD/CHF Price Forecast: Flat as inflation cools, US-China tensions rise
13 hours ago
USD/CHF Price Forecast: Flat as inflation cools, US-China tensions rise
USD/CHF trades subdued on Friday after a US report showed that inflation is approaching the Federal Reserve’s (Fed) 2% goal. Meanwhile, US President Trump complained about the slow negotiations between Beijing and Washington, which have roiled the markets.
Technical Analysis
USDCHF
Currencies
Majors
AUD/USD trades sideways as fundamental and technical factors weigh on price action
13 hours ago
AUD/USD trades sideways as fundamental and technical factors weigh on price action
The Australian Dollar (AUD) is consolidating against the US Dollar on Friday as fresh domestic data and monetary policy expectations for the Reserve Bank of Australia (RBA) and the US Federal Reserve (Fed) continue to drive price action.
AUDUSD
RetailSales
Fundamental Analysis
RBA
Fed
USDCAD continues its slide.The USDCAD is the biggest mover today.
13 hours ago
USDCAD continues its slide.The USDCAD is the biggest mover today.
The price is down -0.65% on the day.
CAD
USD
Brokerage Firm OneRoyal Opens Oman Office in MENA Growth Push
14 hours ago
Brokerage Firm OneRoyal Opens Oman Office in MENA Growth Push
News Discussion Forum
By Finance Magnates
Brokerage Firm OneRoyal Opens Oman Office in MENA Growth Push
OneRoyal boosted its Middle East expansion with a new registered office in Oman, signaling a deeper push into the Gulf region’s competitive brokerage landscape.
OneRoyal
EUR/USD holds steady as US PCE softens, trade tensions offset USD weakness
14 hours ago
EUR/USD holds steady as US PCE softens, trade tensions offset USD weakness
The Euro (EUR) remains steady against the US Dollar (USD) on Friday after a softer-than-expected US Personal Consumption Expenditures (PCE) Price Index, which was close to the Federal Reserve’s (Fed) 2% goal, lifted the pair from daily lows of 1.1312.
EURUSD
Majors
Fundamental Analysis
Technical Analysis
SEO
Silver Price Forecast: XAG/USD plummets below $33.00 as Dollar rebounds, weekly losses near 2%
14 hours ago
Silver Price Forecast: XAG/USD plummets below $33.00 as Dollar rebounds, weekly losses near 2%
Silver price turned negative on Friday during the North American session, poised to end the week with losses of over 1.80% as the dollar staged a recovery during the day. XAG/USD trades at $32.87, down 1.29%.
Technical Analysis
XAGUSD
Silver
Metals
Crude oil futures settle at $60.79
14 hours ago
Crude oil futures settle at $60.79
Down $0.15 on the day
EUR/JPY falls as Bank of Japan faces pressure to raise rates
14 hours ago
EUR/JPY falls as Bank of Japan faces pressure to raise rates
The Euro (EUR) is coming under renewed pressure against the Japanese Yen (JPY) as investors weigh persistent inflation in Japan against soft consumer and inflation data from the Eurozone.
EURJPY
BOJ
ECB
Fundamental Analysis
Currencies
Dow Jones Industrial Average hobbled by renewed China trade tensions
15 hours ago
Dow Jones Industrial Average hobbled by renewed China trade tensions
The Dow Jones Industrial Average (DJIA) stumbled on Friday as investors continue to get pummeled with new trade concerns from the White House.
DowJones
Equities
SEO
TradeWar
Iran says Pres. Trump threat to destroy Iran's nuclear facilities is a clear red line
15 hours ago
Iran says Pres. Trump threat to destroy Iran's nuclear facilities is a clear red line
Iran issues firm warning to US President Trump: stay clear of Iran's nuclear sites or face severe backlash
Global markets will brace for heavy economic data, central bank actions next week
15 hours ago
Global markets will brace for heavy economic data, central bank actions next week
High-impact economic data and central bank events ahead, with US and Canada jobs reports, Bank of Canada and European Central Bank rate decisions expected next week.
Why Is Crypto Going Down? Bitcoin, Ethereum, XRP & Dogecoin Prices Are Falling Today
15 hours ago
Why Is Crypto Going Down? Bitcoin, Ethereum, XRP & Dogecoin Prices Are Falling Today
News Discussion Forum
By Finance Magnates
Why Is Crypto Going Down? Bitcoin, Ethereum, XRP & Dogecoin Prices Are Falling Today
Crypto News: Crypto market crashes 2.6% as Bitcoin price drops to $104K, Ethereum falls to $2,553, XRP declines 4.8%, and Dogecoin plunges 9.86%. Analysis of why crypto is down today.
crypto
Bitcoin news
Ethereum News
XRP News
Dogecoin News
EUR/GBP edges higher as German Retail Sales and Inflation data provide a mixed picture for the ECB
16 hours ago
EUR/GBP edges higher as German Retail Sales and Inflation data provide a mixed picture for the ECB
The Euro (EUR) is firming against the British Pound (GBP) on Friday, with EUR/GBP holding above the 100-day Simple Moving Average (SMA) near 0.8415.
EURGBP
Fundamental Analysis
BOE
ECB
Baker Hughes oil rig count -4 to 461
16 hours ago
Baker Hughes oil rig count -4 to 461
Declines continue in rig count
JPM Dimon: US government should get rid of carried interest
17 hours ago
JPM Dimon: US government should get rid of carried interest
They should also not increase SALT
European indices close mostly higher. France's CAC falls
17 hours ago
European indices close mostly higher. France's CAC falls
German Dax trades to a new all-time high in May. Spain's Ibex and Italy'sFTSE MIB reach the highest levels going back to 2007 this month
Stocks
US exceptionalism wanes as global investors pivot away – Rabobank
18 hours ago
US exceptionalism wanes as global investors pivot away – Rabobank
The concept of ‘US exceptionalism’ covers many specific themes. For academics it may have referred to the US’s ability to attract bright minds from around the world and generate cutting edge research.
Banks
UnitedStates
US Elections
Politics
DollarIndex
OPEC+ exports set to rise – TDS
18 hours ago
OPEC+ exports set to rise – TDS
CTAs will continue to sell crude and industrial metals (x-copper) in most scenarios for prices by this time next week. In the imminent term, CTA selling activity will continue to weigh on price action into the OPEC meeting, TDS' Senior Commodity Strategist Daniel Ghali notes.
Oil
Banks
Energy
WTI
AUDUSD Technical Outlook – Sellers stay in control but 0.6406 forms a solid floor
18 hours ago
AUDUSD Technical Outlook – Sellers stay in control but 0.6406 forms a solid floor
AUDUSD down on the week, and below a cluster of MAs. Support floor at 0.6406.
Gold open interest hits historic lows despite bullish macro – TDS
18 hours ago
Gold open interest hits historic lows despite bullish macro – TDS
This is one of those moments where Gold markets are offering a gift, TDS' Senior Commodity Strategist Daniel Ghali notes.
Gold
Banks
XAUUSD
Metals
Commodities
Bullish
Atlanta Fed GDPNow growth estimate for Q2 rose to 3.8% from 2.2%
18 hours ago
Atlanta Fed GDPNow growth estimate for Q2 rose to 3.8% from 2.2%
Net exports contribute to the sharp rise
Silver Price Forecast: XAG/USD strives to hold $33 amid renewed Sino-US trade worries
18 hours ago
Silver Price Forecast: XAG/USD strives to hold $33 amid renewed Sino-US trade worries
Silver price (XAG/USD) is down almost 1% near the key level of $33.00 during North American trading house on Friday. However, the white metal strives to gain ground as renewed trade tensions between the United States (US) and China are limited the upside in the US Dollar (USD).
Silver
XAGUSD
Inflation
UnitedStates
China
University of Michigan sentiment for May final 52.2 vs.51.0 estimate
19 hours ago
University of Michigan sentiment for May final 52.2 vs.51.0 estimate
Preliminary comes in at 50.8. Last month 52.2
USD/CHF Price Forecast: Gains ground near 0.8200
19 hours ago
USD/CHF Price Forecast: Gains ground near 0.8200
The USD/CHF pair attracted bids after revisiting a near five-week low around 0.8185 during North American trading hours on Friday.
USDCHF
Inflation
DollarIndex
SupportResistance
UnitedStates
Mexican Peso erases gains against US Dollar on improved US consumer sentiment
19 hours ago
Mexican Peso erases gains against US Dollar on improved US consumer sentiment
The Mexican Peso (MXN) is showing renewed signs of weakness against the US Dollar after Michigan Expectations and Sentiment provided relief for the Greenback.
USDMXN
Fundamental Analysis
Technical Analysis
Banxico
SEO
US indices are trading lower to start the day. Prices are higher for the week.
19 hours ago
US indices are trading lower to start the day. Prices are higher for the week.
Gains for the week between 1% and 2%. NASDAQ is on pace for its best month since November 2023
Stocks
USD moves lower after data dump but there are some limits
20 hours ago
USD moves lower after data dump but there are some limits
The bias is tilting lower for the USD in the short term.
WSJ Timiraos: This month is good, but what will the impact of tariffs going forward
20 hours ago
WSJ Timiraos: This month is good, but what will the impact of tariffs going forward
The tariffs and the drop-off of low numbers from a year ago will impact the YoY figures going forward.
Looking for the Right CRM Solution? Meet AltimaCRM at iFX EXPO International 2025
20 hours ago
Looking for the Right CRM Solution? Meet AltimaCRM at iFX EXPO International 2025
News Discussion Forum
By Finance Magnates
Looking for the Right CRM Solution? Meet AltimaCRM at iFX EXPO International 2025
Adaptable, Integrated & Powerful - AltimaCRM in three words. Join the hype at booth 135.
AltimaCRM
Canada real GDP grows 2.2% in first quarter vs. 1.7% expected
20 hours ago
Canada real GDP grows 2.2% in first quarter vs. 1.7% expected
Canada's real Gross Domestic Product (GDP) grew by 0.5% on a quarterly basis in the first quarter, Statistics Canada reported on Friday. This reading matched the 0.5% expansion recorded in the last quarter of 2024.
Canada
GDP
Macroeconomics
USDCAD
Growth
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