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Citing people familiar with the matter, Bloomberg reported on Tuesday that the European Union (EU) plans to target about €100 billion worth of United States (US) imports with additional tariffs if they fail to reach a deal with the US.

Created : 2025.05.06 22:07

Last updated : 2025.05.06

The Euro (EUR) is quiet and trading within a remarkably tight range, given the broader context of uncertainty and German Chancellor Merz' failure to secure a majority for his confirmation vote in the German parliament, Scotiabank's Chief FX Strategist Shaun Osborne notes.

Created : 2025.05.06 21:02

Last updated : 2025.05.06

The CAD is entering Tuesday's NA session unchanged vs. the USD, its range tightly bound within a marginally bullish (USD/CAD bearish) trend channel from mid April, Scotiabank's Chief FX Strategist Shaun Osborne notes.

Created : 2025.05.06 21:00

Last updated : 2025.05.06

Markets are generally quiet and G10 currencies are trading in a mixed fashion against the US Dollar (USD), with no clear overriding theme or risk tone as we head into Tuesday's NA session, Scotiabank's Chief FX Strategist Shaun Osborne notes.

Created : 2025.05.06 20:58

Last updated : 2025.05.06

The Mexican Peso (MXN) is under pressure against the US Dollar (USD) in Tuesday's European session as markets brace for the Federal Reserve's (Fed) monetary policy decision on Wednesday.

Created : 2025.05.06 20:37

Last updated : 2025.05.06

Silver price (XAG/USD) surges to near $33.00 during European trading hours on Tuesday. The white metal strengthens as demand for safe-haven assets increasez after United States (US) President Donald Trump threatened to impose tariffs on pharmaceuticals.

Created : 2025.05.06 20:07

Last updated : 2025.05.06

The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, edges lower while remaining stuck in a very tight range on Tuesday.

Created : 2025.05.06 19:58

Last updated : 2025.05.06

The AUD/USD pair corrects sharply to near 0.6450 in Tuesday's European session from the five-month high of 0.6500 posted on Monday. The Aussie pair retraces as the Australian Dollar (AUD) underperforms across the board due to a slowdown in business activity in China.

Created : 2025.05.06 19:30

Last updated : 2025.05.06

AUD/USD has staged a steady recovery from last month's lows and is now testing the 200-day moving average, with a breakout above February highs near 0.6410 seen as critical for unlocking further upside toward 0.6550 and beyond, Société Générale's FX analysts note.

Created : 2025.05.06 19:07

Last updated : 2025.05.06

April's downside surprise in Swiss inflation has reinforced expectations of a June rate cut by the SNB, with markets now entertaining the possibility of a return to negative interest rates as the strong franc and global uncertainties weigh on growth and price stability, Danske Bank's FX analysts rep

Created : 2025.05.06 19:02

Last updated : 2025.05.06

The Pound Sterling (GBP) trades firmly against its major peers, except the Japanese Yen (JPY), on Tuesday.

Created : 2025.05.06 19:02

Last updated : 2025.05.06

Asian currencies rallied sharply, led by a historic surge in the Taiwan dollar, as growing speculation over imminent trade talks between the US and its Asian partners boosted market sentiment and fueled hopes of policy shifts, Danske Bank's FX analysts report.

Created : 2025.05.06 18:56

Last updated : 2025.05.06

US Dollar (USD) is expected to trade in a 143.40/144.85 range vs Japanese Yen (JPY). 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.

Created : 2025.05.06 18:54

Last updated : 2025.05.06

Although the US dollar has found temporary support from equity gains and easing trade tensions, lingering soft data and early signs of labour market weakness suggest the greenback remains vulnerable to a gradual decline, reinforcing a bearish medium-term outlook, Danske Bank's FX analysts report.

Created : 2025.05.06 18:51

Last updated : 2025.05.06

New Zealand Dollar (NZD) is likely to trade in a range vs US Dollar (USD), probably between 0.5930 and 0.5980. In the longer run, for the time being, NZD is expected to trade in a 0.5890/0.6005 range, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Created : 2025.05.06 18:44

Last updated : 2025.05.06

The most notable development in FX over the past few days has been the exceptional rally in the Taiwanese dollar, and to a lesser extent in other Asian currencies (MYR, THB, KRW).

Created : 2025.05.06 18:34

Last updated : 2025.05.06

Yesterday's Swiss inflation figures for April are likely to have heightened the concerns of the Swiss National Bank (SNB) once again.

Created : 2025.05.06 18:25

Last updated : 2025.05.06

Australian Dollar (AUD) is likely to trade in a range between 0.6420 and 0.6485 vs US Dollar (USD). In the longer run, further AUD strength is not ruled out, but it must first break clearly above 0.6510, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Created : 2025.05.06 18:18

Last updated : 2025.05.06

Chinese President Xi Jinping said on Tuesday that "China and the European Union (EU) should oppose unilateral bullying."

Created : 2025.05.06 18:14

Last updated : 2025.05.06

Gold (XAU/USD) sprints higher on Tuesday for a second consecutive day, as geopolitical tensions around the globe continue to support investors' demand for safe-haven assets.

Created : 2025.05.06 18:10

Last updated : 2025.05.06