Search results | World FX news

Gold price bounced off weekly lows of $3,245 and rose past $3,300 on Thursday, helped by a softer jobs report in the United States (US), while markets cheered a US court decision to block US President Donald Trump's tariffs. At the time of writing, XAU/USD trades at $3,318 and gains 0.94%.

Created : 2025.05.30 02:14

Last updated : 2025.05.30

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.

Created : 2025.05.30 02:06

Last updated : 2025.05.30

The Dow Jones Industrial Average (DJIA) whipsawed through the overnight session and into Wednesday's trading window, with investors piling back into the tech rally after Nvidia (NVDA) posted better-than-expected quarterly earnings in Q1.

Created : 2025.05.30 01:58

Last updated : 2025.05.30

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.

Created : 2025.05.30 00:20

Last updated : 2025.05.30

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.

Created : 2025.05.30 00:05

Last updated : 2025.05.30

Crude markets only have a very narrow path towards higher prices. In the imminent term, CTA selling activity will weigh on price action into the OPEC meeting.

Created : 2025.05.29 23:16

Last updated : 2025.05.29

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.

Created : 2025.05.29 23:08

Last updated : 2025.05.29

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

Created : 2025.05.29 23:06

Last updated : 2025.05.29

CTAs will still buy Gold regardless of any scenario this coming week. We expect imminent algo buying activity to persist and accelerate into NFP, potentially tallying up to a massive +30% of algos' max size, TDS' Senior Commodity Strategist Daniel Ghali notes.

Created : 2025.05.29 23:05

Last updated : 2025.05.29

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. 

Created : 2025.05.29 23:02

Last updated : 2025.05.29

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.

Created : 2025.05.29 22:06

Last updated : 2025.05.29

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).

Created : 2025.05.29 21:37

Last updated : 2025.05.29

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.

Created : 2025.05.29 21:18

Last updated : 2025.05.29

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. 

Created : 2025.05.29 21:02

Last updated : 2025.05.29

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

Created : 2025.05.29 20:38

Last updated : 2025.05.29

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.

Created : 2025.05.29 20:27

Last updated : 2025.05.29

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

Created : 2025.05.29 20:25

Last updated : 2025.05.29

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.

Created : 2025.05.29 20:24

Last updated : 2025.05.29

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.

Created : 2025.05.29 20:22

Last updated : 2025.05.29

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.

Created : 2025.05.29 20:19

Last updated : 2025.05.29