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GBP/USD edges higher to near 1.3300, recovers due to weaker US Dollar

GBP/USD is rebounding from recent losses, trading near 1.3280 during the Asian session on Thursday. The pair is supported by a softer US Dollar (USD), as investors weigh ongoing trade-related uncertainties despite a slight easing in tensions.
New
update2025.05.15 12:01

US Dollar Index holds losses below 101.00 ahead of key US economic data

The US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, is trading lower at around 100.90 during Thursday's Asian session. The Greenback remains under pressure as investors assess ongoing trade-related uncertainties, despite a recent easing in tensions.
New
update2025.05.15 11:36

NZD/USD gathers strength to near 0.5900 ahead of US Retail Sales, PPI data

The NZD/USD pair trades in positive territory near 0.5900 during the Asian trading hours on Thursday. The New Zealand Dollar (NZD) strengthens against the Greenback due to improved risk sentiment.
New
update2025.05.15 11:26

Japanese Yen seems poised to appreciate further amid hawkish BoJ expectations

The Japanese Yen (JPY) trades with a positive bias against its American counterpart for the third straight day on Thursday and for now, seems to have stalled the previous day's late pullback from the weekly high.
New
update2025.05.15 11:11

Australian Dollar edges higher following employment data release

The Australian Dollar (AUD) edges higher against the US Dollar (USD) on Thursday after registering more than 0.50% losses in the previous session. The AUD/USD pair gained ground as easing global trade tensions boosted demand for risk-sensitive currencies like the Aussie Dollar.
New
update2025.05.15 10:47

PBOC sets USD/CNY reference rate at 7.1963 vs. 7.1956 previous

On Thursday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1963 as compared to the previous day's fix of 7.1956 and 7.2217 Reuters estimate.
New
update2025.05.15 10:15

Gold Price Forecast: XAU/USD posts modest gains above $3,150 on better risk appetite

The Gold price (XAU/USD) trades with mild gains near $3,180 during the early Asian session on Thursday. However, the potential upside for the yellow metal might be capped in the near term due to better risk appetite and progress in trade talks. 
New
update2025.05.15 09:52

Top Iranian official says Tehran is ready to sign a nuclear deal if sanctions lifted

A top adviser to Iran's supreme leader, Ali Shamkhani, said late Wednesday that Iran is ready to sign a nuclear deal with certain conditions with US President Donald Trump in exchange for lifting economic sanctions, per NBC. 
New
update2025.05.15 09:10

WTI slumps to near $61.50 on higher US stockpiles

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.55 during the Asian trading hours on Thursday. The WTI price tumbles amid a surprise rise in US crude oil inventories and renewed demand concerns. 
New
update2025.05.15 08:59

EUR/USD middles as markets wait for a reason to move

EUR/USD trimmed momentum sharply on Wednesday, sticking to a flat holding pattern near the 1.1200 handle despite an early pop in bids. European economic data has been largely a non-starter this week, as is typical.
New
update2025.05.15 08:30

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