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AUD/USD is holding above key support at 0.6400 but faces near-term resistance between 0.6500-0.6540, BBH FX analysts report.

Created : 2025.05.29 20:05

Last updated : 2025.05.29

Gold price (XAU/USD) claws back the majority of its initial losses in Thursday's European trading session, recovers to near $3,300 from the weekly low of $3,245 posted earlier in the day.

Created : 2025.05.29 19:58

Last updated : 2025.05.29

US Dollar (USD) is expected to strengthen; the significant resistance at 147.50 is unlikely to come under threat. In the longer run, price action suggests further USD upside; too early to tell whether 147.50 is within reach, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Created : 2025.05.29 19:48

Last updated : 2025.05.29

New Zealand Dollar (NZD) is expected to continue to trade sideways, most likely in a range of 0.5925/0.5975. In the longer run, upward momentum has faded; NZD is likely to trade in a range between 0.5900 and 0.6000 for now, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Created : 2025.05.29 19:46

Last updated : 2025.05.29

Australian Dollar (AUD) could edge below 0.6400 against US Dollar (USD); the next support at 0.6380 is unlikely to come under threat. In the longer run, for the time being, AUD is expected to trade in a range of 0.6380/0.6485, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Created : 2025.05.29 19:44

Last updated : 2025.05.29

One might have expected EUR/CHF to trade a little higher on this tariff ruling and the decent rally in equity markets, ING's FX analyst Chris Turner notes.

Created : 2025.05.29 19:37

Last updated : 2025.05.29

The Reserve Bank of New Zealand (RBNZ) cut the OCR by 25bps to 3.25%, aligning with market expectations. However, the tone of the meeting suggests a shift away from a dovish stance.

Created : 2025.05.29 19:21

Last updated : 2025.05.29

It's interesting to see EUR/GBP still trading quite softly despite some better news on global trade, ING's FX analyst Chris Turner notes.

Created : 2025.05.29 19:16

Last updated : 2025.05.29

Pound Sterling (GBP) is expected to trade with a downward bias toward 1.3395 vs US Dollar (USD); a sustained break below this level seems unlikely.

Created : 2025.05.29 19:12

Last updated : 2025.05.29

FX markets should focus on two themes today: the US Court of International Trade ruling that the majority of President Trump's tariffs are illegal, and insights from the minutes of the 7 May FOMC meeting, which suggest that dollar selling in April was driven by hedging rather than outright sales of

Created : 2025.05.29 19:06

Last updated : 2025.05.29

The Aussie Dollar bounced up right above the 0.6400 psychological level on Thursday and is trading 0.30% higher on the day, with a retest of the 0.6450 resistance area on the cards, as the US Dollar rally loses steam.The Greenback appreciated across the board during late Wednesday and Thursday's Asi

Created : 2025.05.29 19:01

Last updated : 2025.05.29

Shorts in USD/JPY continued to get squeezed, from month-end USD buy flows to US trade court's ruling on Trump tariffs partially helped to restore some credibility to the system, which has been undermined by the unpredictability of Trump's tariffs.

Created : 2025.05.29 18:56

Last updated : 2025.05.29

Copper inventories on the LME fell to the lowest level in almost two years, with withdrawals continuing at warehouses in Rotterdam. Thousands of tonnes of Copper have been withdrawn over the past few trading sessions, with Glencore the key trader behind these requests.

Created : 2025.05.29 18:50

Last updated : 2025.05.29

US Dollar's (USD's) rebound found momentum from a US court ruling, saying that Trump's unilateral imposition of 'Liberation Day tariffs' under the International Emergency Economic Powers Act (IEEPA) is invalid.

Created : 2025.05.29 18:36

Last updated : 2025.05.29

As widely expected, the Reserve Bank of New Zealand (RBNZ) decided to lower the Official Cash Rate (OCR) for a sixth straight meeting by 25bps to 3.25%.

Created : 2025.05.29 18:28

Last updated : 2025.05.29

EUR/USD is understandably lower on the US tariff news in that it slightly re-appraises US growth prospects and the risk premium attached to the US Dollar (USD), ING's FX analyst Chris Turner notes.

Created : 2025.05.29 18:15

Last updated : 2025.05.29

NZD/USD is trading around 0.5960 during the European hours on Thursday. The pair has trimmed its daily losses as a market bias remains neutral.

Created : 2025.05.29 18:10

Last updated : 2025.05.29

Euro (EUR) continued to drift lower amid broad US Dollar (USD) rebound. Pair was last at 1.1250 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

Created : 2025.05.29 17:59

Last updated : 2025.05.29

Further weakness is not ruled out; it is unclear whether Euro (EUR) can break and hold below 1.1200 against US Dollar (USD). In the longer run, to continue to decline, EUR must first close below 1.1200, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Created : 2025.05.29 17:46

Last updated : 2025.05.29

The Pound Sterling (GBP) recovers early losses against the US Dollar (USD), after hitting a bottom of 1.3415, and trades flat around 1.3470 during European trading hours on Thursday.

Created : 2025.05.29 17:31

Last updated : 2025.05.29