friday, may 23, 2025
Forex
Safe-Haven Currencies Weaken as U.S.-China Trade Hopes and Fed Clarity Spark Risk Appetite
Safe-haven yen and Swiss franc weaken, with USD/JPY at 142.15 and USD/CHF at 0.8236, as U.S.-China trade hopes and Fed clarity boost risk appetite.
Australian Dollar Soars to $0.64 on U.S.-China Trade Hopes and Robust Economic Data
The Australian dollar hits $0.64 on U.S.-China trade de-escalation hopes, Fed stability, and strong private sector growth.
Thai Baht Weakens to 33.51 Against U.S. Dollar as Trade Hopes and Dollar Rebound Weigh
The Thai baht weakened to 33.51 against the U.S. dollar, pressured by a dollar rebound and U.S.-China trade optimism, amid Thailand’s economic challenges.
Japanese Yen Drops to 142 as Trade Hopes and Fed Stability Diminish Safe-Haven Appeal
The Japanese yen falls to 142 as U.S.-China trade de-escalation hopes and Fed clarity reduce safe-haven demand, despite Japan’s services growth.
South Korean Won Stabilizes at 1,430 as U.S.-China Trade Tensions Ease
The South Korean won stabilizes at 1,430 on U.S.-China trade deal hopes and Fed clarity, with rising consumer sentiment and trade talks in focus.
U.S. Dollar’s Selloff May Shift to Consolidation at 99.06, DBS Warns
The U.S. dollar’s selloff may shift to consolidation at 99.06 as Trump’s erratic policies and global slowdown limit clear direction, DBS says.
Offshore Yuan Steadies at 7.30 as Trump Signals Tariff Relief in U.S.-China Trade War
The offshore yuan steadies at 7.30 as Trump hints at lowering 145% tariffs, boosting trade relief hopes amid China’s yuan internationalization push.
Singapore Dollar Slips to 1.3124 in Technical Pullback as U.S.-China Trade Hopes Boost Dollar
The Singapore dollar weakens to 1.3124 in a technical correction, as U.S.-China trade hopes lift the dollar from recent lows.
Kiwi Dollar Jumps to $0.597 on U.S.-China Trade Hopes, Despite RBNZ Cut Looming
The New Zealand dollar hits $0.597 on U.S.-China trade deal hopes and dollar weakness, despite looming RBNZ rate cuts.
EUR/USD Nears 1.1400 Options Expiry as Trump’s Comments Boost Dollar
EUR/USD nears a 1.1400 options expiry as Trump’s tempered China remarks lift the dollar from a 3-year low, amid ongoing tariff war risks.
Azerbaijan Central Bank Holds Refinancing Rate at 7.25% Amid Global Uncertainty
Azerbaijan’s central bank holds its refinancing rate at 7.25%, signaling stability amid U.S. dollar weakness and global tariff tensions.
Dollar Clings to 98.19 Near 3-Year Low as Trump’s Powell Spat Sparks Market Jitters
The dollar nears a 3-year low at 98.19 as Trump’s attacks on Fed Chair Powell threaten central bank independence, boosting rival currencies.
Yen’s 12% Rally Lags Euro’s Strength, Bank of America Warns
The yen’s 12% rally is fragile compared to the euro’s steady gains, BofA warns, as dollar weakness drives forex markets.
Trump’s Push to Oust Fed Chair Powell Won’t Guarantee Rate Cuts, Analyst Warns
Trump’s push to fire Fed Chair Powell won’t guarantee rate cuts and risks market turmoil, with the dollar at a 3-year low and stocks shaky.
Oil Prices Bounce to $66.68, but Trump’s Tariff Threats Keep Markets on Edge
Oil prices rise to $66.68 on short-covering, but Trump’s tariff threats and Fed tensions raise fears of a demand slowdown.
Asian Currencies Climb as Trump’s Fed Feud Sinks Dollar, Yuan Lags
Asian currencies like the yen and Aussie dollar rise as Trump’s Fed feud weakens the dollar, but China’s yuan dips amid U.S.-China trade tensions.
Gold Surges to $3,500, Tesla Braces for Earnings as Trump’s Fed Clash Shakes Markets
Gold tops $3,500, Tesla faces earnings pressure, and Trump’s Fed attacks shake markets, driving dollar lows and stock volatility.
AUD/USD Surges to 5-Year High at 0.64 Despite Slashed GDP Forecasts
AUD/USD hits a 5-year high at 0.64 on trade optimism and dollar weakness, despite UBS cutting Australia’s GDP forecasts.
Gold Surges Toward $3,400 as Trump’s Push to Oust Fed Chair Crushes Dollar
Gold hits a record $3,397 as Trump’s push to fire Fed Chair Powell sinks the dollar to a 3-year low, driving safe-haven demand.
Euro Rockets to $1.15, a 4-Year High, as Dollar Sinks Under Trump’s Pressure
EUR/USD hits a 4-year high at $1.15 as Trump’s Fed feud and trade war fears sink the dollar, boosting euro and gold.
Dollar Nears ¥139.90 Support as Trump’s Attacks Fuel Yen Surge
USD/JPY nears ¥139.90 support as Trump’s attacks on the Fed drive a 10% dollar drop, boosting the yen and testing a double-bottom formation.
Pound Rockets to $1.34 in 11-Day Rally, Faces Test at $1.3430
Sterling hits $1.34 in an 11-day rally, but faces resistance at $1.3430 as Trump’s tweets add market volatility.
Gold Breaks Records: Will the Rally Ignore RSI Warnings?
Gold smashes records near $3360 despite overbought RSI. Will the rally push toward $3500? Here’s why bulls are still in control.
Is the U.S. Dollar Still a Safe Haven in 2025?
Dollar dominance in doubt? Urgent 2025 analysis from Capital Economics reveals changing safe-haven preferences.
Trending in Forex
U.S. Dollar Surges 0.6% After Trump Vows to Keep Fed Chair Powell
Safe-Haven Currencies Weaken as U.S.-China Trade Hopes and Fed Clarity Spark Risk Appetite
Australian Dollar Soars to $0.64 on U.S.-China Trade Hopes and Robust Economic Data
Thai Baht Weakens to 33.51 Against U.S. Dollar as Trade Hopes and Dollar Rebound Weigh
Stay Updated
Get the latest forex news delivered to your inbox