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West Texas Intermediate (WTI), futures on NYMEX, extends its winning streak for the fourth trading session on Tuesday. The Oil price climbs to near $62.00 as the 90-day agreement between the United States (US) and China to reduce tariffs substantially by 115% has boosted its demand outlook.

Created : 2025.05.13 19:53

Last updated : 2025.05.13

The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, corrects to near 101.50 in the European trading session on Tuesday.

Created : 2025.05.13 19:43

Last updated : 2025.05.13

US Dollar (USD) is likely to trade in a 146.50/148.60 range vs Japanese Yen (JPY). In the longer run, further USD strength is likely, but it could first trade in a range for a few days; the level to monitor is 149.30, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Created : 2025.05.13 19:25

Last updated : 2025.05.13

The Pound Sterling (GBP) trades with caution against its peers on Tuesday after the release of the United Kingdom (UK) labor market data for the three months ending March.

Created : 2025.05.13 19:22

Last updated : 2025.05.13

USD/JPY consolidates near recent highs as the BoJ's cautious tone and low market-implied hike expectations contrast with ongoing dollar strength, BBH FX analysts report.

Created : 2025.05.13 19:08

Last updated : 2025.05.13

The risk for New Zealand Dollar (NZD) is on the downside vs US Dollar (USD), but any decline is likely part of a lower range of 0.5835/0.5900.

Created : 2025.05.13 19:04

Last updated : 2025.05.13

Slight increase in momentum suggests Australia Dollar (AUD) could test 0.6350 against US Dollar (YSD); the major support at 0.6330 is unlikely to come under threat.

Created : 2025.05.13 18:52

Last updated : 2025.05.13

The latest inflation figures were published in China over the weekend, reporting on price developments in April. Consumer prices rose by 0.1% month-on-month, but the annual price change remained negative for the third consecutive month at -0.1%.

Created : 2025.05.13 18:47

Last updated : 2025.05.13

Today's UK labour market data has had no discernible impact on Pound Sterling (GBP), ING's FX analyst Chris Turner notes.

Created : 2025.05.13 18:43

Last updated : 2025.05.13

Pound Sterling (GBP) could retest the 1.3140 level vs the US Dollar (USD) before a more sustained recovery can be expected. In the longer run, GBP is expected to weaken, but the major support at 1.3070 may not come into view so soon, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Created : 2025.05.13 18:40

Last updated : 2025.05.13

Japan's current account surplus remained solid in March. At JPY 3.7 trillion, this was slightly lower than in February. However, when calculated over the last twelve months, a new all-time high of JPY 30.4 trillion was reached, Commerzbank's FX analyst Volkmar Baur notes.

Created : 2025.05.13 18:36

Last updated : 2025.05.13

FX markets are settling down after a lively Monday. It made sense for the Japanese yen and Swiss franc to sell off the hardest as Washington policy was re-appraised.

Created : 2025.05.13 18:34

Last updated : 2025.05.13

Bank of England (BoE) Chief Economist Huw Pill said at an event in the London School of Economics (LSE) on Tuesday that markets "should not assume that the latest Monetary Policy Report (MPR) forecast is a direct endorsement of market interest rate curve."

Created : 2025.05.13 18:32

Last updated : 2025.05.13

GBP/USD is retreating after rejection near 1.3500, with bearish momentum reinforced by MACD crossover and a breach of short-term consolidation support. Next supports lie near 1.3070 and 1.3010, Société Générale's FX analysts note.

Created : 2025.05.13 18:29

Last updated : 2025.05.13

The worst of the US-China trade war is likely behind us, although we see twists and turns ahead. With a substantial reduction in tariffs, we now estimate a GDP impact of 0.6-1.0ppt from US tariffs.

Created : 2025.05.13 18:26

Last updated : 2025.05.13

It looks like a stroke of genius. Nobody thought it was possible, but the Donald Trump administration has made it. In just one weekend of negotiations, tariffs between the US and China were reduced by 115 percentage points each.

Created : 2025.05.13 18:23

Last updated : 2025.05.13

EUR/JPY loses ground after registering more than 0.50% gains in the previous session, trading around 164.20 during the Asian hours on Tuesday. The currency cross remains subdued following the release of ZEW Economic Sentiment surveys from Germany and the Eurozone.

Created : 2025.05.13 18:18

Last updated : 2025.05.13

The headline German ZEW Economic Sentiment Index rebounded to 25.2 in May from -14 in April, beatimh the market consensus of 11.9 by a wide margin.

Created : 2025.05.13 18:02

Last updated : 2025.05.13

Gold (XAU/USD) rebounds and trades near $3,260 at the time of writing on Tuesday, recovering from the 2.65% drop the previous day after the US-China trade deal was announced.

Created : 2025.05.13 18:01

Last updated : 2025.05.13

Scope for Euro (EUR) to weaken further against the US Dollar (USD); any decline is unlikely to break the major support at 1.1055.

Created : 2025.05.13 17:50

Last updated : 2025.05.13