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Forex Live
What the Canadian election this weekend means for CAD
TL;DR is CAD is priced for Carney to win with an absolute majority, little impact. A surprise Conservative win could instead trigger a CAD rally.
CAD


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Fxstreet
USD/INR jumps amid tensions over Kashmir, rising US Dollar demand
The Indian Rupee (INR) faces some selling pressure on Thursday as terrorist attacks in Kashmir, India, weighed on sentiment. Furthermore, rising crude oil prices undermine the Indian currency, as India is the world's third-largest oil consumer.
EmergingMarkets
SEO
USDINR
India
Macroeconomics


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Fxstreet
Japan’s Kato: US tariffs are highly disappointing
Japanese Finance Minister Katsunobu Kato told G7 countries on Thursday that “US tariffs are highly disappointing.”
TradeWar
UnitedStates
Japan
USDJPY


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Japan finance minister Kato told the G7 that US tariffs are highly disappointing
Japan finmin Kato
JPY


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Forex Live
Nissan has scrapped development of two EVs planned to be produced in Mississippi plant
Nikkei info
Nikkei


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Fxstreet
USD/CAD falls toward 1.3850 as Fed’s Beige Book suggests deteriorating economic conditions
USD/CAD edges lower around 1.3870 during Thursday's Asian session, after climbing roughly 0.50% in the previous day. The pair is under pressure as the US Dollar (USD) weakens following the Federal Reserve’s April Beige Book, which pointed to deteriorating economic conditions.
Canada
USDCAD
Majors
Macroeconomics


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Forex Live
"Lock it in: RBA to cut 25bps in May" - Westpac forecast for the Reserve Bank of Australia
Reserve Bank of Australia
RBA


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Fxstreet
Japanese Yen remains on the front foot amid reviving safe-haven demand; lacks bullish conviction
The Japanese Yen (JPY) retains bullish bias heading into the European session on Thursday, though it lacks follow-through and remains close to over a one-week low touched against its American counterpart the previous day.


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Fxstreet
NZD/USD strengthens to near 0.5950 on weaker US Dollar, eyes on US-China trade talks
The NZD/USD pair strengthens to near 0.5950 during the Asian trading hours on Thursday, bolstered by the weakening of the US Dollar (USD).
Majors
NZDUSD
Macroeconomics


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Forex Live
China set to lift sanctions on EU lawmakers in move to revive stalled investment deal
China and the European Union are cozying up as Trump targets both in his trade war
China
EUR


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Fxstreet
Australian Dollar struggles due to a potential 25 bps rate cut by RBA in May
The Australian Dollar (AUD) remains steady on Thursday following two consecutive days of losses. The AUD/USD pair could see gains as the US Dollar (USD) faces pressure after the Federal Reserve's (Fed) Beige Book suggested weakening economic conditions.
Australia
SEO
Majors
AUDUSD
Macroeconomics


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Forex Live
UBS says Trump’s rate cut demands risk undermining the Fed and stoking further uncertainty
And its rising uncertainty, not high rates, that is the problem for the US economy
Fed


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Fxstreet
China's state planner reduces the number of items on its negative list from 117 to 106
The National Development and Reform Commission of the People's Republic of China (NDRC) has trimmed the number of items on its negative list from 117 to 106.
China
TradeWar
Macroeconomics


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Fxstreet
PBOC sets USD/CNY reference rate at 7.2098 vs. 7.2116 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.2098 as compared to the previous day's fix of 7.2116 and 7.3111 Reuters estimate.
Currencies
CentralBanks
USDCNY
PBOC


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PBOC sets USD/ CNY reference rate for today at 7.2098 (vs. estimate at 7.3111)
PBOC CNY reference rate setting for the trading session ahead.
CNY
China Stock Market
China
CNH
pboc


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Japan economy minister Akazawa to visit the U.S. for tariff talks from April 30
This firms up the chatter of his visit this time yesterday
JPY


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China's state planner has trimmed the number of items on its negative list from 117 to 106
The National Development and Reform Commission of the People's Republic of China (NDRC) is China's state planner
China


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Fxstreet
GBP/USD gains traction above 1.3250 on fresh trade uncertainty
The GBP/USD pair gathers strength to near 1.3270, snapping the two-day losing streak during the early Asian session on Thursday. The US Dollar (USD) weakens against the Cable due to the uncertainty surrounding Trump’s trade policies.
Majors
Macroeconomics
GBPUSD


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MUFG sees ECB on track for June rate cut, with neutral territory in sight by year-end
European Central Bank forecast
ECB


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" Trump is looking for a face saving off ramp on trade"
Saving face would be a welcome relif from the tariff debacle
Politics


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PBOC is expected to set the USD/CNY reference rate at 7.3111 – Reuters estimate
PBOC CNY reference rate setting for the trading session ahead.
CNY
China Stock Market
China
CNH
pboc


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Fxstreet
Trump administration says cannot give Japan special tariff treatment
The United States told Japan that it cannot give Japan special treatment regarding tariffs during talks held earlier this month, NHK reported late Wednesday, citing multiple Japanese government sources.
TradeWar
UnitedStates
Japan
Macroeconomics


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Japan March 2025 Services PPI 3.1% y/y (prior 3.0%)
Corporate Services Price Index (CSPI)
JPY


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More from Fed's Hammack, says again that now is not a good time to be preemptive on policy
Monetary policy outlook from Hammack
Fed


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Hassett says 14 tariff meetings scheduled this week
Hassett is a Trump gopher on the economy
Politics
USD


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Trump admin told Japan it cannot give Japan special tariff treatment
Trump seems to single out allies for especially harsh tariff treatment
JPY


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Fxstreet
EUR/USD strengthens above 1.1300 on gloomy Fed’s Beige Book
The EUR/USD pair edges higher to around 1.1335 during the early Asian session on Thursday. Mitigating concerns over potential tariff threats by US President Donald Trump exerts some selling pressure on the US Dollar (USD).
EURUSD
Majors
Macroeconomics


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Fed's Hammack says uncertainty a big issue in economy, causing businesses to pause
Federal Reserve Cleveland Fed President Beth Hammack says the bar is high for the Fed to step in to aid markets
Fed


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IMF says the yen remains a safe haven currency - Japan economy strong, stable, predictable
International Monetary Fund (IMF) on JPY and Japan
JPY


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Fxstreet
Fed's Hammack sees more runway for balance sheet cuts
Federal Reserve Bank of Cleveland President Beth Hammack said on Wednesday that conditions still support ongoing reductions in the central bank's balance sheet. Hammack added that she believes some active management of market liquidity via Fed interventions is acceptable to her, per Reuters.
Fed
UnitedStates
CentralBanks
Macroeconomics


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Fxstreet
US President Donald Trump says 25% tariff on cars from Canada could go higher
US President Donald Trump said on Wednesday that a 25% tariff imposed on cars imported from Canada to the United States could go up, per Reuters.
Canada
TradeWar
UnitedStates
Macroeconomics


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Fed's Hammack says some volatility in overnight markets is not a bad thing
Federal Reserve Cleveland Fed President Beth Hammack reaffirmed support for continued balance sheet reduction while signaling openness to temporary liquidity injections if volatility worsens.
Fed


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Forex Live
More on Trump threatening higher tariffs on Canadian car imports
Trump escalating trade tensions
CAD


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Fxstreet
AUD/JPY Price Analysis: Bearish bias holds despite intraday gains
The AUD/JPY pair was seen around the 91.00 zone in Wednesday’s session, staging a modest intraday advance ahead of the Asian session. Despite the bounce from earlier lows, the pair retains a bearish overall tone, capped by key moving averages and a sluggish momentum backdrop.
Crosses
Technical Analysis
Currencies
AUDJPY


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Trump says 25% tariff on cars from Canada could go higher
Tariff man doing what tariff man does
CAD


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Trump says it depends on China how soon tariffs can come down
Trump says it depends on China how soon tariffs can come down
China


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Fxstreet
NZD/USD Price Analysis: Pair trades steady near 0.5900 with bullish bias ahead of Asia
The NZDUSD pair held steady near the 0.5900 mark on Wednesday, posting a marginal daily gain as traders positioned ahead of the Asian session. The pair continues to consolidate in a tight range after recent upward momentum, suggesting a pause rather than a reversal.


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Trump admin says the EU fine on Meta and Apple will not be tolerated
It was only 24 hours ago that Trump eased back on threatening the EU, another flip flop now
EUR


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Forex Live
Forexlive Americas FX news wrap: US dollar rallies as the White House walks back tariffs
Forex news for North American trading on Apr 23, 2025
Session wrap
Wrap Nth America