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NZD/USD attracts some sellers below 0.5750 on trade war concerns
The NZD/USD pair remains under selling pressure near 0.5720 during the early Asian session on Friday.
Australian Dollar holds losses as global trade concerns rise over impending US tariffs
The Australian Dollar (AUD) weakens against the US Dollar (USD) on Friday, erasing gains from the previous session.
PBOC sets USD/CNY reference rate at 7.1752 vs. 7.1763 previous
On Friday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1752 as compared to the previous day's fix of 7.1763 and 7.2591 Reuters estimate.
BoJ Summary of Opinions: Member sees inflation somewhat exceeds expectations
The Bank of Japan (BoJ) published the Summary of Opinions from its March monetary policy meeting, with the key findings noted below.
Japan's Tokyo CPI inflation steadies at 2.9% YoY in March
The headline Tokyo Consumer Price Index (CPI) for March rose 2.9% YoY as compared to 2.9% in the previous month, the Statistics Bureau of Japan showed on Friday.
EUR/USD snaps losing streak, but market clouds continue to gather
EUR/USD caught a breather on Thursday, rising by four-tenths of one percent and snapping a six-day losing streak that saw Fiber shed 2% peak-to-trough.
USD/CAD posts modest gains above 1.4300, eyes on US PCE release
The USD/CAD pair posts modest gains near 1.4310 during the late American session on Thursday.
GBP/USD attempts another rebound, but technical ceiling remains
GBP/USD found the gas pedal on Thursday, rallying one-half of one percent and climbing back over 1.2900.
Canadian Dollar pares recent gains as trade war rhetoric heats up
The Canadian Dollar (CAD) shed weight on Thursday, paring away recent gains against the US Dollar (USD) as trade war rhetoric between the US and Canada ramps up.
AUD/JPY Price Analysis: Extends gains toward 95.30 amid overbought momentum
The AUD/JPY pair extended its winning streak on Thursday, advancing toward the 95.30 region after a strong daily performance.
Fed's Collins: It's inevitable tariffs will increase inflation in the near term
Federal Reserve (Fed) Bank of Boston President Susan Collins noted on Thursday that the Fed's challenge at this point is having to choose between maintaining a tight policy stance, or trying to run ahead of data that might be souring in the future.
Fed's Barkin: Fed waiting for uncertainty to clear before acting
Federal Reserve (Fed) Bank of Richmond President Thomas Barkin hit newswires on Thursday, warning that incoming economic uncertainty at the hands of the Trump administration's lopsided trade policy will force the Fed into a wait-and-see approach than most investors are hoping for.
NZD/USD Price Analysis: Edges higher toward 0.5740 as bulls cling to short-term momentum
The NZD/USD pair posted mild gains on Thursday, edging higher toward the 0.5740 area after the European session and entering the Asian session on a firmer note.
Australian Dollar eyes further upside amid softer US Dollar and tariff caution
The Australian Dollar (AUD) trades steady around the region 0.6300 against the US Dollar (USD) during Thursday's American session.
Banxico cuts rates by 50 bps to 9%, signals further easing
On Thursday, the Banco de México (Banxico) reduced its interest rate by 50 basis points, from 9.50% to 9%, and opened the door for additional adjustments to calibrate monetary policy and make similar adjustments.
Canadian Prime Minister Mark Carney: We will fight the US tariffs with actions of our own
Canadian Prime Minister Mark Carney cautioned markets that the Canadian government is both ready and willing to start retaliatory trade actions against US President Donald Trump.
Forex Today: US PCE takes centre stage, UK GDP gathers attention in Europe
The Greenback faced the resurgence of the selling pressure, receding from the area of three-week highs amid mixed developments in US yields, steady tariff fears and expectation ahead of the release of US PCE on Friday.
US Dollar drifts lower after GDP beat and tariff-driven rally
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against a basket of currencies, trades marginally lower on Thursday near the 104.40 area after giving back early-session gains.
Mexican Peso tanks to 2-week low as Trump's auto tariffs roil markets,
The Mexican Peso is feeling the pain of tariffs, depreciating for the second consecutive day against the US Dollar after US President Donald Trump signed an executive order to apply tariffs on auto imports from all countries.
EUR/USD Price Analysis: Climbs near daily highs with bullish trend intact
The EUR/USD pair extended gains on Thursday, moving closer to the top of its daily range near the 1.0780 area after the European session.
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