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EUR/USD maintains position above 1.1100 ahead of US inflation data

EUR/USD opened with a bullish gap on Tuesday during the Asian session, trading near the 1.1110 level after suffering losses of over 2.5% in the previous session. The pair faced challenges as the US Dollar (USD) strengthened on the back of progress in the United States (US)-China trade negotiations.

New

2025.05.13 12:41

China's Presi. Xi: Tariff and trade wars produce no winners

Speaking at the opening ceremony of the fourth ministerial meeting of the China-CELAC (Community of Latin American and Caribbean States) Forum in Beijing on Tuesday, Chinese President Xi Jinping said that "tariff and trade wars produce no winners."

New

2025.05.13 12:07

WTI moves below $61.50, downside seems limited due to easing of US-China trade tensions

West Texas Intermediate (WTI) Oil price paused its three-day winning streak, trading around $61.40 per barrel during Asian hours on Tuesday. Despite this pullback, Oil prices remain underpinned by optimism following progress in the United States (US)-China trade negotiations.

New

2025.05.13 12:01

US CPI set to show steady inflation as focus turns to early tariff impact

The high-impact United States (US) Consumer Price Index (CPI) inflation report for April will be published by the Bureau of Labor Statistics (BLS) on Tuesday at 12:30 GMT.

New

2025.05.13 12:00

USD/INR posts modest gains on US-China trade truce

The Indian Rupee (INR) softens on Tuesday, pressured by the firmer Greenback. Positive indications from the United States and China trade talks lift the US Dollar (USD) and weigh on the Indian currency.

New

2025.05.13 11:35

USD/JPY falls to near 148.00 despite persistent uncertainty over BoJ's policy outlook

USD/JPY pulls back after registering more than 2% gains in the previous session, trading around 147.90 during the Asian hours on Tuesday. The pair depreciates as the Japanese Yen (JPY) gains ground despite a persistent uncertainty over the Bank of Japan's (BoJ) interest rate outlook.

New

2025.05.13 11:07

BoJ's Uchida: There are both upside, downside risks from US tariffs on Japan's prices

Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Tuesday that "there are both upside, downside risks from US tariffs on Japan's prices."

New

2025.05.13 10:52

Japan's Kato: Hope to have a meeting with US Treasury Sec. Bessent to discuss forex

Japanese Finance Minister Katsunobu Kato said on Tuesday that "if have a chance, hope to have a meeting with US Treasury Secretary Scott Bessent to discuss forex."

New

2025.05.13 10:39

Australian Dollar remains subdued following Westpac Consumer Confidence Index data

The Australian Dollar (AUD) is extending its decline against the US Dollar (USD) for a second consecutive session on Tuesday.

New

2025.05.13 10:27

PBOC sets USD/CNY reference rate at 7.1991 vs. 7.2066 previous

On Tuesday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1991 as compared to Monday's fix of 7.2066 and 7.2180 Reuters estimate.

New

2025.05.13 10:22

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