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  1. Fed's Powell meets with Trump, reiterates that Fed decisions are based on data
    • Breaking news

    Fed's Powell meets with Trump, reiterates that Fed decisions are based on data

    • Breaking news

    According to a statement by the Federal Reserve (Fed), Fed Chair Jerome Powell met with United States (US) President Donald Trump on Thursday, where the head of the Fed reiterated that the Fed's decisions on monetary policy are based on trackable data from the US economy.

  2. Banxico Minutes confirm 50 bps rate cut, cites high level of uncertainty, economic weakness
    • Breaking news

    Banxico Minutes confirm 50 bps rate cut, cites high level of uncertainty, economic weakness

    • Breaking news

    On Thursday, the Banco de México (Banxico) revealed its latest meeting minutes, in which the central bank decided to lower interest rates by 50 basis points to 8.50% at its May 15 meeting.

  3. Fed's Goolsbee: Rates could come down if tariffs are avoided by a deal or otherwise
    • Breaking news

    Fed's Goolsbee: Rates could come down if tariffs are avoided by a deal or otherwise

    • Breaking news

    Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said on Thursday that they could return to a situation where interest rates could come down if tariffs are avoided by a deal of otherwise, per Reuters.

  4. Canada: BoC to extend the pause - Standard Chartered
    • Breaking news

    Canada: BoC to extend the pause - Standard Chartered

    • Breaking news

    BoC to keep the policy rate on hold at its 4 June meeting (instead of a 25bps cut). With the policy rate at neutral, BoC has been unwilling to ease more unless growth goes further south.

  5. NZD/USD aims to revisit 0.6000 as Trump's tariff policy ban batters US Dollar
    • Breaking news

    NZD/USD aims to revisit 0.6000 as Trump's tariff policy ban batters US Dollar

    • Breaking news

    The NZD/USD pair advances to near 0.5990 during North American trading hours on Thursday after recovering initial losses.

  6. USD/INR Price Forecast: US Dollar bulls battle for control at 85.41
    • Breaking news

    USD/INR Price Forecast: US Dollar bulls battle for control at 85.41

    • Breaking news

    The Indian Rupee (INR) is showing signs of stability against the US Dollar (USD) on Thursday, with the USD/INR pair trading near 85.41. This level reflects consolidation within a broader correction range following the volatile price action in May. 

  7. US flash Q1 GDP Growth Rate came in at -0.2%
    • Breaking news

    US flash Q1 GDP Growth Rate came in at -0.2%

    • Breaking news

    According to the Commerce Department's Bureau of Economic Analysis (BEA), the advanced GDP Growth Rate is expected to have contracted by 0.1% in the January-March period. The readings show a marked pullback from the prior quarter's 2.4% expansion.

  8. US: Initial Jobless Claims increased to 240K last week
    • Breaking news

    US: Initial Jobless Claims increased to 240K last week

    • Breaking news

    US citizens filing new applications for unemployment insurance climbed to 240K for the week ending May 24, as reported by the US Department of Labor (DOL) on Thursday. This print came in above initial estimates and the previous week's revised tally of 226K (from 227K).

  9. WH Economic Adviser Hassett: Confident in success of tariff ruling appeal
    • Breaking news

    WH Economic Adviser Hassett: Confident in success of tariff ruling appeal

    • Breaking news

    In an interview with Fox Business Network on Thursday, Kevin Hassett, Director of the United States (US) National Economic Council (NEC), said that he is confident in the success of the tariff ruling appeal, per Reuters.

  10. Mexican Peso seesaws as US Dollar bulls return ahead of the release of Banxico Minutes
    • Breaking news

    Mexican Peso seesaws as US Dollar bulls return ahead of the release of Banxico Minutes

    • Breaking news

    The Mexican Peso (MXN) swings between mild gains and losses against the US Dollar (USD) on Thursday as markets digest a court ruling that blocks US President Donald Trump from imposing tariffs on imports. 

  11. USD/CHF Price Forecast: Rejection at 0.8345 brings 0.8265 support into focus
    • Breaking news

    USD/CHF Price Forecast: Rejection at 0.8345 brings 0.8265 support into focus

    • Breaking news

    The US Dollar rallied earlier on Thursday, to find sellers at the 0.8345 area.

  12. JPY recovering into NA session with focus on trade talks - Scotiabank
    • Breaking news

    JPY recovering into NA session with focus on trade talks - Scotiabank

    • Breaking news

    Japanese Yen (JPY) is underperforming the G10 currencies with a modest 0.2% decline vs. the US Dollar (USD), entering Thursday's NA session with an impressive recovery from earlier sentiment-driven losses related to headlines on trade, Scotiabank's Chief FX Strategist Shaun Osborne notes.

  13. USD/JPY falls back to near 145.00 as USD gives up gains
    • Breaking news

    USD/JPY falls back to near 145.00 as USD gives up gains

    • Breaking news

    The USD/JPY pair retreats to near 144.90 during European trading hours on Thursday after facing stiff resistance above 146.00.

  14. GBP unchanged within broader bull trend ahead of BoE Gov. speech - Scotiabank
    • Breaking news

    GBP unchanged within broader bull trend ahead of BoE Gov. speech - Scotiabank

    • Breaking news

    Pound Sterling (GBP) is also entering Thursday's NA session flat vs. the USD, trading in tandem with its G10 peers and responding headline risk related to trade, Scotiabank's Chief FX Strategist Shaun Osborne notes.

  15. EUR flat vs. USD following swift recovery of trade-related losses - Scotiabank
    • Breaking news

    EUR flat vs. USD following swift recovery of trade-related losses - Scotiabank

    • Breaking news

    Euro (EUR) is entering Thursday's NA session nearly flat against the US Dollar (USD), having recovered from sizeable Asian session losses driven by headlines related to trade, Scotiabank's Chief FX Strategist Shaun Osborne notes.

  16. CAD edges marginally higher on latest twist in tariff saga - Scotiabank
    • Breaking news

    CAD edges marginally higher on latest twist in tariff saga - Scotiabank

    • Breaking news

    The Canadian Dollar (CAD) has picked up--marginally--on the back of the latest twist in the tariff saga but the gains are minimal relative to yesterday's close.

  17. USD eases after brief advance on tariff block - Scotiabank
    • Breaking news

    USD eases after brief advance on tariff block - Scotiabank

    • Breaking news

    Late yesterday, a US court blocked a large part of President Trump's tariff plans, striking down reciprocal and fentanyl-related tariffs.

  18. USD/CAD retreats from highs, approaching 1.3800 ahead of the US GDP release
    • Breaking news

    USD/CAD retreats from highs, approaching 1.3800 ahead of the US GDP release

    • Breaking news

    The US Dollar has given away all the ground taken after the court ruling against US trade tariffs, and is trading with moderate losses ahead of the US Session opening, as the Canadian Dollar draws support from the rebound in Oil prices.A US federal court ruled on Wednesday that the US Congress has t

  19. AUD/USD holds support amid Capex miss, RBA cuts eyed - BBH
    • Breaking news

    AUD/USD holds support amid Capex miss, RBA cuts eyed - BBH

    • Breaking news

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

  20. Gold rebounds as US Dollar retreats while court strikes down Trump's tariffs
    • Breaking news

    Gold rebounds as US Dollar retreats while court strikes down Trump's tariffs

    • Breaking news

    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.


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