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The Federal Open Market Committee (FOMC) will release the Minutes of its May 6-7 meeting on Wednesday. Back then, policymakers decided to keep the Fed Funds Target Range (FFTR) unchanged at 4.25%-4.50%, as widely anticipated by market participants.

Created : 2025.05.28 22:15

Last updated : 2025.05.28

The Indian Rupee (INR) is showing a modest strength against the US Dollar (USD) during the North American session on Wednesday, recovering from early losses seen in Asian trading hours after USD/INR touched an intraday peak near 85.70.

Created : 2025.05.28 22:14

Last updated : 2025.05.28

The Swiss Franc (CHF) is moving sideways against the US Dollar (USD) on Wednesday, with the USD/CHF pair hovering near the previous day's high after a solid almost 1% climb driven by renewed US Dollar strength.

Created : 2025.05.28 20:41

Last updated : 2025.05.28

Japanese Yen (JPY) is up a modest 0.2%, outperforming most of the G10 currencies in quiet trade, Scotiabank's Chief FX Strategist Shaun Osborne notes.

Created : 2025.05.28 20:33

Last updated : 2025.05.28

The Euro is trading practically flat below the 0.8400 round level, unable to put a significant distance from the 0.8380 multi-week lows, as Eurozone data strengthens the case for further ECB easing in June.Unemployment data from Germany released earlier today revealed that the jobless rate remained

Created : 2025.05.28 20:33

Last updated : 2025.05.28

The Mexican Peso (MXN) is holding broadly steady against the US Dollar (USD) on Wednesday, remaining close to year-to-date highs, as investors await the release of the Federal Reserve's (Fed) May Federal Reserve Open Markets Committee (FOMC) meeting minutes.

Created : 2025.05.28 20:33

Last updated : 2025.05.28

Euro (EUR) is entering Wednesday's NA session with a marginal 0.1% gain vs. the US Dollar (USD), a mid-performer among the G10 in generally quiet trade, Scotiabank's Chief FX Strategist Shaun Osborne notes, Scotiabank's Chief FX Strategist Shaun Osborne notes.

Created : 2025.05.28 20:31

Last updated : 2025.05.28

Pound Sterling (GBP) is entering Wednesday's NA session unchanged vs. the US Dollar (USD), trading flat around 1.3500 just below Monday's multi-year high, Scotiabank's Chief FX Strategist Shaun Osborne notes.

Created : 2025.05.28 20:27

Last updated : 2025.05.28

The Canadian Dollar (CAD) is the main underperformer against the softer USD in overnight trade and is holding a very minor (less than 0.1%) loss on the session so far.

Created : 2025.05.28 20:22

Last updated : 2025.05.28

The US Dollar (USD) is trading lower overall on the day, after easing back from its overnight peaks against the major currencies as global stocks and bonds slip, Scotiabank's Chief FX Strategist Shaun Osborne notes.

Created : 2025.05.28 20:19

Last updated : 2025.05.28

US Dollar (USD) is likely to trade between 7.1750 and 7.1950 against Chinese Yuan (CNH). In the longer run, downward momentum is slowing; a breach of 7.2070 would mean that the downward bias has faded, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Created : 2025.05.28 20:13

Last updated : 2025.05.28

US Dollar (USD) could strengthen further vs Japanese Yen (JPY); deeply overbought conditions suggest that any advance is likely limited to a test of 144.80. In the longer run, week-long USD weakness has stabilised; USD is likely to trade in a 142.70/145.30 range.

Created : 2025.05.28 20:10

Last updated : 2025.05.28

The USD/JPY pair gives back its initial gains and falls to near 144.20 during European trading hours on Wednesday. The asset faces pressure as the US Dollar (USD) struggles to extend Tuesday's strong recovery move.

Created : 2025.05.28 20:09

Last updated : 2025.05.28

New Zealand Dollar (NZD) could trade sideways between 0.5920 and 0.5980 against US Dollar (USD). In the longer run, momentum is slowing rapidly; the chance of NZD breaking decisively above 0.6030 is slim, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Created : 2025.05.28 20:03

Last updated : 2025.05.28

The Australian inflation indicator for April, published this morning, came in at 2.4%, which is slightly higher than expected, Commerzbank's FX analyst Michael Pfister notes.

Created : 2025.05.28 19:58

Last updated : 2025.05.28

Australian Dollar (AUD) does not appear to have enough momentum to continue to decline vs US Dollar (USD); it is more likely to trade in a range of 0.6430/0.6485.

Created : 2025.05.28 19:50

Last updated : 2025.05.28

Gold price (XAU/USD) attracts bids and rises to near $3,320 during European trading hours on Wednesday, following an over 1% sell-off the previous day.

Created : 2025.05.28 19:45

Last updated : 2025.05.28

The dominance of the US Dollar (USD) is based on its use in cross-border transactions by third countries - i.e. its use as a so-called vehicle currency.

Created : 2025.05.28 19:43

Last updated : 2025.05.28

The Aussie Dollar is posting marginal gains on Wednesday following a 0.70% decline during the last two days.

Created : 2025.05.28 19:39

Last updated : 2025.05.28

The slight increase in downward momentum suggests GBP is likely to trade in a lower range of 1.3480/1.3560.

Created : 2025.05.28 19:16

Last updated : 2025.05.28