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: 2025.05.16
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ECB's Villeroy: We are not currently in a currency war but rather a trade war situation
World FX news
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ECB's Villeroy: We are not currently in a currency war but rather a trade war situation
New
2025.05.16 14:13
2025.05.16 14:13
2025.05.16 14:13
European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Friday that "we are not currently in a currency war but rather a trade war situation."
"Protectionism and uncertainty are having a negative impact on US economic confidence," he added.
Last updated
: 2025.05.16
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AUD/USD holds key level of 0.6400, RBA monetary policy in focus
The AUD/USD pair is slightly higher to near 0.6420 during European trading hours on Friday, but is inside Thursday's trading range. The Aussie pair is expected to trade broadly sideways as investors await the Reserve Bank of Australia's interest rate decision, which will be announced on Tuesday.
New
2025.05.16 20:25Gold on the rollercoaster - Commerzbank
"The price of Gold went on a bit of a rollercoaster ride on Thursday, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
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2025.05.16 20:00OPEC still sees undersupplied Oil market - Commerzbank
OPEC has also confirmed its forecasts for Oil demand, Commerzbank's commodity analyst Carsten Fritsch notes.
New
2025.05.16 19:49Silver Price Forecast: XAG/USD slides to near $32.30 on US-China trade optimism
Silver price (XAG/USD) falls sharply to near $32.30 during European trading hours on Friday. The white metal is down over 1% as investors become increasingly confident about a trade deal between the United States (US) and China.
New
2025.05.16 19:48IEA sees Oil market still significantly oversupplied despite higher demand forecast - Commerzbank
The International Energy Agency (IEA) has left its forecast for the increase in global Oil demand virtually unchanged. It expects growth of 740 thousand and 760 thousand barrels per day this year and next year respectively. However, demand momentum is expected to slow over the course of the year.
New
2025.05.16 19:48Gold falls as trade tensions ease and Fed outlook shifts - Commerzbank
The price of Gold has come under considerable pressure in recent days, Commerzbank's commodity analyst Carsten Fritsch notes.
New
2025.05.16 19:35UK: EU trade deal remains the biggest prize - Standard Chartered
The UK government is aiming to build on recent momentum after trade deals with the US and India. The UK-EU summit on 19 May presents an opportunity to start reducing non-tariff barriers.
New
2025.05.16 19:31Oil gains on trade optimism, then slips on Iran talks - Commerzbank
Oil prices rose significantly earlier this week, before falling again recently, Commerzbank's commodity analyst Carsten Fritsch notes.
New
2025.05.16 19:29Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Friday, according to FXStreet data.
New
2025.05.16 19:22JPY: No summer hike - Commerzbank
The Japanese economy has not gotten off to a particularly good start this year. According to GDP figures published this morning, economic output declined slightly in the first quarter, falling by 0.2% compared with the previous quarter.
New
2025.05.16 19:15Disclaimer:
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