14 days ago
By
Finance Magnates
Kraken Puts Cyprus Licence to Use: Launches Crypto Derivatives in Europe
Kraken announced yesterday (Tuesday) the launch of its crypto derivatives products for European customers. The services are being offered under a Cyprus licence acquired by the American crypto exch...
14 days ago
By
Fxstreet
EUR/USD Price Forecast: Bullish outlook remains in play above 1.1300
The EUR/USD pair gathers strength to near 1.1330 during the early European session on Wednesday, bolstered by a weaker US Dollar (USD).
14 days ago
By
Fxstreet
USD/CHF drops to two-week low, eyes 0.8200 amid sustained USD selling bias
The USD/CHF pair continues to lose ground for the third successive day and drops to a two-week low, around the 0.8220-0.8215 region during the Asian session on Wednesday. Moreover, the fundamental backdrop suggests that the path of least resistance for spot prices remains to the downside.
USDCHF
TradeWar
Fed
RiskAppetite
Currencies
14 days ago
By
Forex Live
Japan's super-long bond yields continue to surge to record highs
Market participants cite low demand and suggest the BoJ to terminate tapering or restart buying super-long bonds
JPY
14 days ago
By
Fxstreet
GBP/USD Price Forecast: Rises toward highs since February 2022 near 1.3450
The GBP/USD pair extends its winning streak for the third successive session, trading around 1.3430 during Wednesday's Asian hours. The technical analysis of the daily chart suggests a persistent bullish bias as the pair remains within an ascending channel pattern.
GBPUSD
Majors
Technical Analysis
14 days ago
By
Fxstreet
Gold price sticks to intraday gains near two-week top, trades above $3,300 mark
Gold price (XAU/USD) retains its positive bias above the $3,300 mark and trades near a one-and-a-half-week top through the first half of the European session on Wednesday.
Gold
Commodities
TradeWar
Fed
SEO
14 days ago
By
Fxstreet
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.
Gold
Commodities
Metals
India
14 days ago
By
Forex Live
What are the main events for today?
The UK CPI report is the only highlight
market overview
14 days ago
By
Finance Magnates
Exclusive: Deriv’s Founder Steps Down as Top Executive, Rakshit Choudhary Becomes Sole CEO
Deriv, a contracts for differences (CFDs) broker that rebranded from Binary.com in 2020, has appointed Rakshit Choudhary as its sole Chief Executive Officer following the departure of Jean-Yves Sir...
14 days ago
By
Forex Live
ForexLive Asia-Pacific FX news wrap: Oil spike on talk of Israel preparing attack on Iran
Forex news for Asian trading on Wednesday, May 21, 2025
Session wrap
Wrap Asia
14 days ago
By
Forex Live
RBNZ inflation expectations survey: 1 yr CPI seen at 2.44% (prior 2.25) 2 yr 2.54% (2.47)
Reserve Bank of New Zealand Business Expectations Survey (BES)
RBNZ
NZD
14 days ago
By
Fxstreet
USD/INR gathers strength amid ongoing US Dollar demand
The Indian Rupee (INR) edges lower on Wednesday. The US Dollar (USD) bids from foreign banks, likely on behalf of custodial clients, and the weaker Chinese Yuan weigh on the Indian currency. Additionally, a decline in local equities and a rise in crude oil prices also undermine the INR.
USDINR
SEO
India
Macroeconomics
EmergingMarkets
14 days ago
By
Fxstreet
US Dollar Index falls toward 99.50 as Fed officials express economic concerns
The US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, is extending its losses for the third successive session and trading lower at around 99.70 during the Asian hours on Wednesday.
DollarIndex
Fed
Macroeconomics
UnitedStates
Majors
14 days ago
By
Forex Live
Morgan Stanley raises China GDP forecast to 4.5% for 2025 amid easing trade tensions
4.5% for 2025 (from 4.2%) and 4.2% for 2026 (from 4.0%)
CNY
China Stock Market
China
CNH
14 days ago
By
Fxstreet
Silver Price Forecast: XAG/USD consolidates around $33.00; seems poised to climb further
Silver (XAG/USD) retreats slightly following an Asian session uptick to the $33.20 area, or over a one-week high, and erodes a part of the previous day's strong move up.
Silver
Commodities
Technical Analysis
XAGUSD
14 days ago
By
Fxstreet
Canadian FinMin: G7 weighs joint tariffs on low-value Chinese imports
Canada’s Finance Minister François-Philippe Champagne confirmed on Wednesday that Group of Seven (G7) nations are mulling over coordinated efforts to impose levies on low-value Chinese imports.
Canada
China
TradeWar
DollarIndex
14 days ago
By
Forex Live
USD weakness extends
Asia FX has taken the dollar lower. EUR, JPY, CHF GBP, along with CAD, AUD and NZD all higher
USD
14 days ago
By
Forex Live
G7 weighs joint tariffs on low-value Chinese imports amid overcapacity concerns
Canada’s Finance Minister François-Philippe Champagne comments
China
14 days ago
By
Fxstreet
Japanese Yen buying interest remains unabated, hits fresh two-week high against a broadly weaker USD
The Japanese Yen (JPY) sticks to strong intraday gains, which, along with a broadly weaker US Dollar (USD), drags the USD/JPY pair closer to mid-143.00s, or a fresh two-week low during the early European session on Wednesday.
USDJPY
BOJ
InterestRate
Fed
SEO
14 days ago
By
Fxstreet
Mexican Economy Minister Ebrard: Mexico’s US auto exports to benefit from tariff discounts
Mexican Economy Minister Marcelo Ebrard said late Tuesday that cars assembled in Mexico and exported to the United States (US) will be levied an average tariff of 15%, not 25%, clarifying that they will avail additional discounts that local products benefit from.
Mexico
USDMXN
TradeWar
14 days ago
By
Forex Live
ICYMI - China gold imports surge to 11-month high
People’s Bank of China (PBOC) is understood to have allocated fresh import quotas to select commercial banks in April
Gold
14 days ago
By
Fxstreet
NZD/USD holds above 0.5900 on weaker US Dollar, renewed US-China tensions might cap its upside
The NZD/USD pair attracts some buyers to around 0.5935 during the early Asian session on Wednesday, bolstered by a weaker US Dollar (USD). The Federal Reserve’s (Fed) Thomas I. Barkin is scheduled to speak later on Wednesday.
NZDUSD
Majors
Macroeconomics
TradeWar
14 days ago
By
Forex Live
ICYMI - Moody’s US downgrade sparks concern among Hong Kong pension funds
Here's why the downgrade matters.
Bonds
14 days ago
By
Fxstreet
Australian Dollar rises despite rising odds of further RBA rate cuts, focus on Fedspeak
The Australian Dollar (AUD) depreciated against the US Dollar (USD) on Wednesday, recovering after registering more than 0.50% losses in the previous session.
AUDUSD
SEO
Macroeconomics
Majors
Australia
14 days ago
By
Forex Live
US politics - tentative deal for $40,000 SALT deduction reached
Politico - a critical but tentative deal to boost the cap on state and local tax deductions to $40,000 in the GOP megabill, according to three Republicans with direct knowledge of the private agreement.
Politics
14 days ago
By
Fxstreet
China's Commerce Ministry says US measures on Chinese chips are bullying, protectionist
China’s Commerce Ministry said early Wednesday that US measures on China’s advanced chips are ‘typical of unilateral bullying and protectionism.’ Chinese authorities urged the US to immediately correct its erroneous practices.
China
UnitedStates
TradeWar
Macroeconomics
14 days ago
By
Fxstreet
PBOC sets USD/CNY reference rate at 7.1937 vs. 7.1931 previous
On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1937 as compared to the previous day's fix of 7.1931 and 7.2133 Reuters estimate.
USDCNY
PBOC
CentralBanks
Currencies
14 days ago
By
Forex Live
PBOC sets USD/ CNY central rate at 7.1937 (vs. estimate at 7.2133)
PBOC CNY reference rate setting for the trading session ahead.
CNY
China Stock Market
China
CNH
pboc
14 days ago
By
Forex Live
China's Commerce Ministry says US measures on China chips are bullying, protectionist
MofCom statement adds that the US abuses export controls to contain and suppress China
CNY
China Stock Market
China
CNH
14 days ago
By
Forex Live
Australian Leading Index for April 0.0% m/m (prior -0.2%)
Australian Westpac Leading Index for April 2025
AUD
14 days ago
By
Fxstreet
WTI climbs to near $63.00 on report that Israel is preparing to strike Iran
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.95 during the Asian trading hours on Wednesday. The WTI price surges after CNN reported that US intelligence suggests Israel is making preparations to possibly strike Iranian nuclear facilities.
Oil
WTI
Commodities
Macroeconomics
14 days ago
By
Forex Live
CNBC: Musk says AI could run into power capacity issues by middle of next year
CNBC with the assessement from Musk
SPX
Nasdaq
14 days ago
By
Forex Live
PBOC is expected to set the USD/CNY reference rate at 7.2133 – Reuters estimate
PBOC CNY reference rate setting for the trading session ahead.
CNY
China Stock Market
China
CNH
pboc
14 days ago
By
Fxstreet
EUR/USD climbs on Greenback weakness, but key technical barriers remain in place
EUR/USD caught a bounce for a second day in a row on Tuesday, bolstering the pair back toward the 1.1300 handle. Despite a near-term rise in bullish momentum bolstering the Fiber, EUR/USD remains well back from recent multi-year highs near 1.1575.
EURUSD
PMI
Currencies
TradeWar
14 days ago
By
Forex Live
Japan April exports +2% y/y (expected +2%)
Japan trade data, April 2025
JPY
14 days ago
By
Forex Live
Mexican Economy Minister says autos exported to US will face average 15% tariff, not 25%
Not great news, but not as bad.
MXN
14 days ago
By
Fxstreet
New intelligence suggests Israel is preparing possible strike on Iranian nuclear facilities - CNN
The United States (US) has obtained new intelligence suggesting that Israel is making preparations to strike Iranian nuclear facilities, even as US President Donald Trump has been pursuing a diplomatic deal with Tehran, multiple US officials familiar with the latest intelligence told CNN.
Israel
MiddleEast
Iran
Macroeconomics
14 days ago
By
Fxstreet
Fed policymakers express concerns over economic and business sentiment
During a discussion panel hosted by the Federal Reserve (Fed) Bank of Atlanta, the San Francisco and Cleveland Fed Bank Presidents Mary C. Daly and Beth Hammack both took the opportunity to express concern about the current state of the US economy.
Fed
CentralBanks
TradeWar
Inflation
14 days ago
By
Forex Live
Fed's Hammack says sentiment data about the economy has been concerning
Federal Reserve Bank of Cleveland President Beth Hammack
Fed
14 days ago
By
Fxstreet
USD/CAD softens to near 1.3900 on caution over US economy
The USD/CAD pair extended its decline to near 1.3910 during the early Asian session on Wednesday. The US Dollar (USD) weakens against the Canadian Dollar (CAD) amid renewed concerns over the US economy. Traders will keep an eye on the speech from the Federal Reserve’s (Fed) Thomas I.
USDCAD
Majors
Macroeconomics
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