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  1. PBOC sets USD/CNY reference rate at 7.1894 vs. 7.1876 previous
    • Breaking news

    PBOC sets USD/CNY reference rate at 7.1894 vs. 7.1876 previous

    • Breaking news

    On Wednesday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1894 as compared to the previous day's fix of 7.1876 and 7.1996 Reuters estimate.

  2. Japan's Kato says will closely monitor bond market situations
    • Breaking news

    Japan's Kato says will closely monitor bond market situations

    • Breaking news

    Japan's Finance Minister Shunichi Kato said on Wednesday that he will closely monitor bond market situations as he is concerned about a recent spike yields in Japan.

  3. BoJ's Ueda: Tariff negotiations mean outlook remains uncertain
    • Breaking news

    BoJ's Ueda: Tariff negotiations mean outlook remains uncertain

    • Breaking news

    Bank of Japan Governor Kazuo Ueda said on Tuesday that many tariff negotiations, including those between the United States and Japan, are still ongoing, so the outlook remains uncertain. Ueda further states that the central bank will closely monitor the incoming data. 

  4. Fed's Williams says wants to avoid inflation becoming highly persistent
    • Breaking news

    Fed's Williams says wants to avoid inflation becoming highly persistent

    • Breaking news

    Federal Reserve Bank of New York President John Williams said on Wednesday that he wants to avoid inflation becoming highly persistent because that could become permanent.

  5. GBP/USD: Poised to buckle under the weight of its own success?
    • Breaking news

    GBP/USD: Poised to buckle under the weight of its own success?

    • Breaking news

    GBP/USD pared recent gains on Tuesday, snapping a six-day win streak and knocking price action away from the 1.3600 handle after the pair tapped fresh multi-year highs this week.

  6. USD/CAD rebounds above 1.3800, FOMC Minutes in focus
    • Breaking news

    USD/CAD rebounds above 1.3800, FOMC Minutes in focus

    • Breaking news

    The USD/CAD pair posts modest gains near 1.3805 during the early Asian session on Wednesday.  The US Dollar (USD) strengthens against the Canadian Dollar (CAD) after the stronger US Consumer Confidence data. The attention is shifted to the FOMC Minutes, which are due later on Wednesday. 

  7. NZD/JPY Price Forecast: Climbs higher but bulls struggle to clear 86.00 resistance
    • Breaking news

    NZD/JPY Price Forecast: Climbs higher but bulls struggle to clear 86.00 resistance

    • Breaking news

    NZD/JPY extended its rally for the third consecutive day on Tuesday, rose a slim 0.17%, but failed to clear key resistance seen at the Kijun-Sen at 85.92 to challenge the 86.00 figure. As Wednesday's Asian session begins, the cross-pair trades at 85.81 virtually unchanged.

  8. US yields slide as Japan's signal shift in debt strategy
    • Breaking news

    US yields slide as Japan's signal shift in debt strategy

    • Breaking news

    US Treasury yields fall across the whole curve due to concerns over an increase in rising global government debt supply, which sent yields rising last week, retraced somewhat on expectations that Japan could begin to issue short-term debt.

  9. RBNZ expected to cut interest rates amid concerns over economic growth, US tariffs
    • Breaking news

    RBNZ expected to cut interest rates amid concerns over economic growth, US tariffs

    • Breaking news

    The Reserve Bank of New Zealand (RBNZ) is widely expected to lower the Official Cash Rate (OCR) by 25 basis points (bps) to 3.25% from 3.50% after concluding its May monetary policy meeting on Wednesday.

  10. AUD/JPY extends winning streak toward 93.00 as risk sentiment dents Yen appeal
    • Breaking news

    AUD/JPY extends winning streak toward 93.00 as risk sentiment dents Yen appeal

    • Breaking news

    The Australian Dollar (AUD) strengthens against the Japanese Yen (JPY), extending modest gains for the third consecutive day. At the time of writing, the AUD/JPY cross is pushing higher to trade near 93.00 during the late American sessions on Tuesday, up nearly 1% on the day.

  11. EUR/USD slips below 1.1400 amid strong US data and soft French inflation
    • Breaking news

    EUR/USD slips below 1.1400 amid strong US data and soft French inflation

    • Breaking news

    The EUR/USD pair retreats below 1.1400 for the second consecutive day, driven by a recovery in the US Dollar (USD) following an upbeat Consumer Confidence report. Additionally, soft inflation data in France undermined the shared currency, which trades on Tuesday at 1.1335, down over 0.40%.

  12. Forex Today: Investors shift their attention to the FOMC Minutes
    • Breaking news

    Forex Today: Investors shift their attention to the FOMC Minutes

    • Breaking news

    The US Dollar (USD) regained composure and managed to leave behind two daily retracements in a row on turnaround Tuesday, as US investors returned to their desks following Monday's Memorial Day holiday.

  13. Canadian Dollar snaps six-day win streak as markets pare Loonie bets
    • Breaking news

    Canadian Dollar snaps six-day win streak as markets pare Loonie bets

    • Breaking news

    The Canadian Dollar (CAD) lost ground against the US Dollar (USD) on Tuesday, snapping a six-session winning streak for the Loonie and pushing USD/CAD back above 1.3750 as trade headlines dominate the market cycle.

  14. AUD/USD retreats ahead of Australia's CPI release, US FOMC Minutes
    • Breaking news

    AUD/USD retreats ahead of Australia's CPI release, US FOMC Minutes

    • Breaking news

    The Australian Dollar (AUD) is facing renewed pressure against the US Dollar (USD) on Tuesday as the Greenback rebounds across the board following mixed US economic data and a resurgence in market liquidity.

  15. US Dollar Index rebounds toward 99.50 as trade tensions ease, but bearish pressure lingers
    • Breaking news

    US Dollar Index rebounds toward 99.50 as trade tensions ease, but bearish pressure lingers

    • Breaking news

    The US Dollar Index (DXY), which tracks the value of the US Dollar (USD), is pushing upward as market participants respond to fading trade tensions. Markets are drawing fresh optimism from President Trump's decision to delay the implementation of 50% tariffs on EU imports.

  16. ECB's Nagel remains cautious on next rate move
    • Breaking news

    ECB's Nagel remains cautious on next rate move

    • Breaking news

    Bundesbank President Joachim Nagel struck a measured tone on the path ahead for interest rates, saying it remains too soon to decide on a further cut next month.

  17. ECB's Lane: We are in a zone of normal central banking
    • Breaking news

    ECB's Lane: We are in a zone of normal central banking

    • Breaking news

    Philip Lane, the chief economist of the European Central Bank, indicated that although the majority of factors suggested a continued decline in euro area inflation, there were also concerns, such as the possibility of unsuccessful EU-US trade negotiations, that could lead to an increase in inflation

  18. NZD/USD slips below 0.5950 as markets await RBNZ rate decision, Fed minutes
    • Breaking news

    NZD/USD slips below 0.5950 as markets await RBNZ rate decision, Fed minutes

    • Breaking news

    The New Zealand Dollar (NZD) is losing ground against the US Dollar (USD) on Tuesday, slipping back after a failed attempt to break above the key 0.6000 level.

  19. GBP/USD eases from three-year high as US Dollar steadies on trade hopes
    • Breaking news

    GBP/USD eases from three-year high as US Dollar steadies on trade hopes

    • Breaking news

    The British Pound (GBP) edges lower against the US Dollar, retreating from a three-year high, with the GBP/USD pair trading around 1.3510 during the American session on Tuesday.

  20. USD/INR edges higher as Rupee weakens on month-end Dollar demand, RBI rate cut bets
    • Breaking news

    USD/INR edges higher as Rupee weakens on month-end Dollar demand, RBI rate cut bets

    • Breaking news

    The Indian Rupee (INR) depreciates against the US Dollar (USD) on Tuesday amid month-end Dollar demand from importers and a steady Greenback.


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