Current news is English only but we will be adding multilingual news - check back soon.
News Discussion Forum
By
Fxstreet
USD/JPY struggles as Fed policy decision and US-China trade talks loom
The USD/JPY pair is trading in a tight range as markets await the US Federal Reserve’s (Fed) policy decision on Wednesday. Investors widely expect the central bank to keep its policy rate unchanged in the 4.25%-4.50% range for the third consecutive meeting, despite rising economic uncertainties.
Currencies
Fed
Majors
USDJPY
Macroeconomics
News Discussion Forum
By
Forex Live
More from US Treasury Sec Bessent: "Believes" US Debt to GDP ratio will drop next year
Bessent predicts - but it is a belief - a decrease in the US debt to GDP ratio next year.
USD
News Discussion Forum
By
Fxstreet
US Treasury Secretary Bessent: China trade talks to begin Saturday
United States (US) Treasury Secretary Scott Bessent reaffirmed that US-China trade talks will begin on neutral ground when delegates from the two countries meet in Switzerland this weekend.
TradeWar
UnitedStates
Politics
DollarIndex
News Discussion Forum
By
Fxstreet
AUD/USD retreats as traders eye Powell and US-China trade talks
The Australian Dollar (AUD) is trading lower on Wednesday after failing to break above a key resistance level, with markets turning cautious ahead of expected commentary from United States (US) Federal Reserve (Fed) Chair Jerome Powell and high-level trade talks between the US and China.
Currencies
Fed
Majors
AUDUSD
Macroeconomics
News Discussion Forum
By
Fxstreet
EUR/GBP Price Analysis: Euro holds steady near 0.8500 as mixed signals persist
The EUR/GBP pair remained relatively flat on Wednesday, hovering near the 0.8500 zone after the European session. Price action was contained within a narrow range, reflecting a market lacking clear directional momentum.
Crosses
Technical Analysis
Currencies
EURGBP
News Discussion Forum
By
Forex Live
European major indices closing lower on the day
Major European indices end the day in the red, while US markets see a mixed market. US yields fluctuate ahead of the FOMC rate decision.
Stocks
News Discussion Forum
By
Fxstreet
GBP/USD pauses rally as traders eye Fed, BoE’s decisions
The Pound Sterling (GBP) retreated after posting back-to-back days of gains versus the US Dollar (USD). Still, positive news related to a possible de-escalation of the China-US tensions lent a lifeline to the Greenback, which remains firm in early trading.
Technical Analysis
Fed
Majors
GBPUSD
Fundamental Analysis
News Discussion Forum
By
Fxstreet
NZD/USD corrects below 0.6000 ahead of Fed’s monetary policy decision
The NZD/USD pair retraces to near 0.5980 during North American trading hours on Wednesday after revisiting the six-month high of 0.6025 earlier in the day.
China
Fed
RBNZ
Employment
NZDUSD
News Discussion Forum
By
Forex Live
Crude oil inventories draw -2.032M versus an estimate -0.833M draw
Weekly EIA oil inventory data
Oil
News Discussion Forum
By
Forex Live
US Treasury Sec Bessent: US is looking to expand leadership in IMF/World Bank
US Treasury Sec Bessent is speaking on Capitol Hill
USD
News Discussion Forum
By
Fxstreet
EUR/USD Price Forecast: Symmetrical triangle break in focus as Fed decision looms
EUR/USD is nearing a technical inflection point, where macroeconomic divergence and chart compression converge. While strong data from Germany and France support the Euro (EUR), weak retail sales and Federal Reserve (Fed) uncertainty have dampened momentum.
Technical Analysis
EURUSD
Fed
SEO
News Discussion Forum
By
Fxstreet
USD/JPY bounces back to near 143.30 with Fed’s policy in spotlight
The USD/JPY pair rebounds to near 143.30 on Wednesday, snapping the three-day losing streak. The pair gains ground as the Japanese Yen (JPY) underperforms across the board.
China
Fed
BOJ
Japan
USDJPY
News Discussion Forum
By
Forex Live
VP Vance. There is a big gulf between Russia and Ukraine
VP Vance speaking on a myriad of topics
USD
News Discussion Forum
By
Forex Live
EU to announce provisional list of tariffs against US on Thursday
The report mirrors an earlier report
EUR
News Discussion Forum
By
Forex Live
The floor is all the Feds today
Well there is oil inventory data, but the Fed decision is the main event
Fed
USD
News Discussion Forum
By
Fxstreet
EUR is quietly consolidating in mid/upper 1.13s – Scotiabank
The Euro (EUR) is quietly consolidating within a tight range in the mid/upper1.13s, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
EURUSD
Banks
News Discussion Forum
By
Fxstreet
CAD steady just below Tuesday’s multimonth high – Scotiabank
The Canadian Dollar (CAD) is soft, trading marginally lower from Tuesday’s multi-month recovery high, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
Canada
BOC
USDCAD
Banks
News Discussion Forum
By
Fxstreet
USD steady as markets cheer planned US/China trade talks this weekend – Scotiabank
The US Dollar (USD) is steady, attempting stabilization against most of the G10 currencies and clawing back some of its recent weakness against JPY, SEK, AUD, and NZD as we head into Wednesday’s NA session.
Banks
DollarIndex
Technical Analysis
News Discussion Forum
By
Fxstreet
Mexican Peso falls as Fed Chair Powell’s comments come into focus
The Mexican Peso (MXN) is strengthening against the US Dollar (USD) on Wednesday, benefiting from renewed hopes of de-escalation in global trade tensions after positive developments between the United States and China.
Mexico
EmergingMarkets
Currencies
Fed
USDMXN
News Discussion Forum
By
Forex Live
ForexLive European FX news wrap: Dollar steadies on US-China trade news, Fed up next
Forex news from the European morning session on May 7, 2025
Session wrap
Wrap Europe
News Discussion Forum
By
Fxstreet
US Dollar goes nowhere while markets write off Fed as non-event
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, trades broadly flat to marginally higher on Wednesday at around 99.40. That level just a few percentage points away from the fresh five-day low from Tuesday.
TradeWar
UnitedStates
SEO
Macroeconomics
DollarIndex
News Discussion Forum
By
Fxstreet
WTI strives to break above $60 on hopes of de-escalation in US-China trade war
West Texas Intermediate (WTI), futures on NYMEX, aims to extend its two-day recovery move above the key resistance of $60.00 during European trading hours on Wednesday.
Oil
China
TradeWar
UnitedStates
WTI
News Discussion Forum
By
Forex Live
What are the interest rate expectations for the major central banks?
There hasn't been much change in expectations as we continue to wait for the details of the first trade deal
market overview
News Discussion Forum
By
Forex Live
US MBA mortgage applications w.e. 2 May +11.0% vs -4.2% prior
Latest data from the Mortgage Bankers Association for the week ending 2 May 2025
USD
News Discussion Forum
By
Fxstreet
USD/CAD trades higher around 1.3800, Fed policy in focus
The USD/CAD pair rises to near 1.3800 during European trading hours on Wednesday. The Loonie pair gains as the US Dollar (USD) edges up ahead of the Federal Reserve’s (Fed) interest rate decision at 18:00 GMT.
USDCAD
Fed
Employment
China
Canada
News Discussion Forum
By
Fxstreet
USD/CNH is likely to trade in a 7.1900/7.2300 range – UOB Group
Outlook is mixed; US Dollar (USD) is likely to trade in a 7.1900/7.2300 range against Chinese Yuan (CNH). In the longer run, USD could range-trade for a few days before resuming its decline; the level to watch is at 7.1700, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Technical Analysis
USDCNH
Banks
News Discussion Forum
By
Forex Live
Bitcoin consolidates above a key level as all-time highs continue to be in sight
The de-escalation expectations on the tariffs front helped Bitcoin to broke above a key resistance zone as all-time highs come into sight
BTC
News Discussion Forum
By
Fxstreet
USD/JPY fails at key resistance – Société Générale
USD/JPY struggles to sustain upward momentum, with a failure at key resistance and risks building for a deeper pullback toward 140 and below, Société Générale's FX analysts note.
Technical Analysis
USDJPY
Banks
News Discussion Forum
By
Fxstreet
USD/JPY: Likely to consolidate in a 142.20/144.00 range – UOB Group
US Dollar (USD) is likely to consolidate in a 142.20/144.00 range. In the longer run, USD has likely entered a consolidation phase and is likely to trade between 142.20 and 146.70 for now, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Technical Analysis
USDJPY
Banks
News Discussion Forum
By
Fxstreet
NZD holds firm despite mixed jobs data – BBH
NZD/USD is consolidating recent gains around 0.6000. New Zealand’s Q1 labor market data was mixed and still argues for additional RBNZ easing, BBH FX analysts report.
RBNZ
NewZealand
Banks
NZDUSD
News Discussion Forum
By
Fxstreet
Gold steady in minor loss ahead of Fed rate decision
Gold (XAU/USD) remains in steady trading on Wednesday around $3,390 at the time of writing and for most part in the European session, ahead of the Federal Reserve (Fed) rate decision and after statements from both China and the United States (US) confirmed that trade talks will kick off this weekend
TradeWar
UnitedStates
SEO
Gold
Commodities
News Discussion Forum
By
Fxstreet
NZD/USD: Chance of breaking above 0.6030 – UOB Group
New Zealand Dollar (NZD) could break above 0.6030 vs US Dollar (USD) but might not be able to maintain a foothold above this level; 0.6060 is probably out of reach.
NZDUSD
Technical Analysis
Banks
News Discussion Forum
By
Fxstreet
Fed's Powell: Right thing to do is await further clarity
US Federal Reserve (Fed) Chairman Jerome Powell explained the decision to leave the policy rate unchanged at the 4.25%–4.50% range following the May meeting and responded to questions during the post-meeting press conference.
Fed
SEO
InterestRate
DollarIndex
News Discussion Forum
By
Fxstreet
The talks between the US and China begin – Commerzbank
After a long period of uncertainty, it is now official: negotiations on a deal between the US and China are going to begin, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
China
TradeWar
UnitedStates
Banks
Macroeconomics
News Discussion Forum
By
Forex Live
EU reportedly eyes tariffs on Boeing if trade talks with US go south
FT reports, citing two people familiar with the matter
Politics
News Discussion Forum
By
Fxstreet
Pound Sterling trades cautiously against USD, Fed-BoE policy decision looms large
The Pound Sterling (GBP) trades cautiously to near 1.3370 against the US Dollar (USD) during North American trading hours on Wednesday.
China
Fed
SEO
BOE
GBPUSD
News Discussion Forum
By
Fxstreet
EUR/USD shakes off German political wobble – Danske Bank
Despite political noise out of Germany, EUR/USD held firm as markets eye the Fed for hints of dovishness and remain positioned for further USD weakness over the year, Danske Bank's FX analysts report.
Currencies
EURUSD
Banks
News Discussion Forum
By
Fxstreet
Merz elected after rocky start, Euro shrugs off drama – Commerzbank
While some politically savvy people may have fallen off their chairs yesterday after the first round of voting for the new German Chancellor, the fx market seemed less than impressed, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
Technical Analysis
EURUSD
Europe
Eurozone
Banks
Copy Link
Share on Facebook
Share on X
Share by Email