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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
update2025.05.13 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
update2025.05.13 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
update2025.05.13 10:22

Gold Price Forecast: XAU/USD remains on the defensive amid positive signs from US-China trade talks

The Gold price (XAU/USD) edges lower to around $3,235 during the early Asian session on Tuesday. The precious metal remains on the defensive due to a stronger US Dollar (USD), higher US yields, and optimism on the US-China trade deal.
New
update2025.05.13 10:18

US Trade Rep. Greer: If things don't work out, China tariffs can go back up

US Trade Representative Jamieson Greer said late Monday that China has agreed to remove countermeasures. However, if things don't work out, China tariffs can go back up.
New
update2025.05.13 09:26

NZD/USD gathers strength above 0.5850 as US and China agree to ease tariffs for 90 days

The NZD/USD pair trades in positive territory around 0.5865 during the Asian session on Tuesday. The New Zealand Dollar (NZD) strengthens against the Greenback after the US and China announced a trade deal, easing fears of a trade war between the world's two largest economies.
New
update2025.05.13 09:18

BoJ Summary of Opinions: Member says uncertainty surrounding economy, price outlook is high

The Bank of Japan (BoJ) published the Summary of Opinions from the monetary policy meeting on April 30 and May 1, 2025, with the key findings noted below.   
New
update2025.05.13 09:04

EUR/USD takes a halting plunge, tests below 1.10 as key inflation data looms ahead

EUR/USD took a hard step lower on Monday, kicking off the new trading week with a fresh dip below 1.1000 before a late recovery pushed the pair back toward 1.1100.
New
update2025.05.13 08:32

USD/CAD extends upside above 1.3950 on firmer US dollar after US-China trade talks

The USD/CAD pair extends the rally to around 1.3975 during the early Asian session on Tuesday, bolstered by a stronger US Dollar (USD).
New
update2025.05.13 08:06

GBP/USD falls back as tariff cuts bolster market sentiment

GBP/USD fell on Monday, tumbling a little over one percent and pushing the pair back down below the 1.3200 handle after a broad-based recovery in Greenback bidding.
New
update2025.05.13 08:03

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