Search results | World FX news

US natural gas prices declined sharply as storage data surprised to the upside, reinforcing concerns about near-term oversupply and weighing on NYMEX Henry Hub futures, ING's commodity experts Ewa Manthey and Warren Patterson note.

Created : 2025.05.23 19:12

Last updated : 2025.05.23

Momentum indicators still point to Pound Sterling (GBP) upside; the next technical target is at 1.3500, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Created : 2025.05.23 19:07

Last updated : 2025.05.23

EUR/USD resumes its upside journey on Friday after a corrective move the previous day. The major currency pair jumps to near 1.1350 during European trading hours as the US Dollar (USD) slumps after a short-lived recovery on Thursday.

Created : 2025.05.23 19:03

Last updated : 2025.05.23

Markets had already doubted whether the Bank of Japan (BoJ) would raise its key interest rate again in July. Inflation figures for April published this morning are likely to increase the dilemma for the BoJ. After all, inflation remains above the BoJ's target, mainly due to energy and food prices.

Created : 2025.05.23 19:03

Last updated : 2025.05.23

Price action suggests further Euro (EUR) strength, with 1.1400 now in focus, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Created : 2025.05.23 18:48

Last updated : 2025.05.23

The hard data from the US does not yet show any real signs of a drastic economic slowdown as a result of the new US administration's erratic trade and economic policy, although growth in the first quarter surprised on the downside with a contraction, fueling recession fears.

Created : 2025.05.23 18:37

Last updated : 2025.05.23

The release yesterday of ECB minutes and ECB commentary seems to squarely point to a 25bp ECB rate cut in June, ING's FX analyst Chris Turner notes.

Created : 2025.05.23 18:32

Last updated : 2025.05.23

Gold (XAU/USD) price extends its weekly gains, trading near $3,330 at the time of writing on Friday, up nearly 1% on the day, on a new tailwind for the safe haven precious metal.

Created : 2025.05.23 18:18

Last updated : 2025.05.23

The AUD/JPY cross attracts some buying on Friday and for now, seems to have snapped a three-day losing streak to sub-92.00 levels, or a three-week low touched the previous day.

Created : 2025.05.23 17:54

Last updated : 2025.05.23

Here is what you need to know on Friday, May 23:

Created : 2025.05.23 17:02

Last updated : 2025.05.23

USD/CHF retraces its recent gains registered in the previous session, trading around 0.8260 during the European hours on Friday. Meanwhile, the US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, is trading lower at around 99.60 near two-week lows.

Created : 2025.05.23 16:45

Last updated : 2025.05.23

The Pound Sterling (GBP) revisits the three-year high against the US Dollar (USD), which it posted earlier this week around 1.3470, in European trading hours on Friday. The British currency strengthens after the release of stronger-than-projected United Kingdom (UK) Retail Sales data for April.

Created : 2025.05.23 16:41

Last updated : 2025.05.23

EUR/GBP recovers its recent losses registered in the previous session, trading around 0.8410 during the Asian hours on Friday. The currency cross advances as the Euro (EUR) attracts buying support following Germany's Gross Domestic Product (GDP) data for the first quarter, released by Destatis.

Created : 2025.05.23 16:03

Last updated : 2025.05.23

The EUR/JPY cross edges lower to near 162.35 during the early European session on Friday. The Japanese Yen (JPY) strengthens against the Euro (EUR) due to rising expectations that the Bank of Japan (BoJ) will continue raising interest rates this year.

Created : 2025.05.23 15:43

Last updated : 2025.05.23

The US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, depreciates toward two-week lows.

Created : 2025.05.23 15:15

Last updated : 2025.05.23

The United Kingdom (UK) Retail Sales jumped 1.2% month-over-month (MoM) in April after advancing 0.1% in March (revised from 0.4%), the latest data published by the Office for National Statistics (ONS) showed Friday. Markets expected a 0.2% rise in the reported month.

Created : 2025.05.23 15:02

Last updated : 2025.05.23

GBP/USD posts gains of about a quarter of a percent in the Asian hours on Friday, trading around 1.3450 at the time of writing. The pair edges higher as the Pound Sterling (GBP) attracts buyers after the GfK better-than-expected Consumer Confidence Index for the United Kingdom (UK) was released.

Created : 2025.05.23 14:17

Last updated : 2025.05.23

The Financial Times reported on Friday that US President Donald Trump's trade negotiators are pressuring the EU to reduce tariffs on US imports unilaterally, claiming that without concessions, the bloc would not move in discussions to avoid extra 20% "reciprocal" taxes.

Created : 2025.05.23 14:06

Last updated : 2025.05.23

Japan's Prime Minister Shigeru Ishiba said on Friday that there was no change in Japan's stance on US tariffs and its demand that they be eliminated.

Created : 2025.05.23 13:48

Last updated : 2025.05.23

The USD/CAD pair attracts fresh sellers following the previous day's brief pause and slides to the 1.3825 area during the Asian session on Friday. Spot prices remain close to a two-week low touched on Wednesday and seem vulnerable to weaken further amid a broadly weaker US Dollar (USD).

Created : 2025.05.23 13:41

Last updated : 2025.05.23