Forex News & Analysis

EUR/USD: Interim downside pressure – OCBC

By Fxstreet

EUR/USD: Interim downside pressure – OCBC

Euro (EUR) continued to drift lower amid broad US Dollar (USD) rebound. Pair was last at 1.1250 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

EURUSD

Banks

Technical Analysis

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By Fxstreet

Oil: Sentiment improves for now – ING

Oil markets strengthened yesterday as sanction risks against Russia increase, while the market appears to be losing hope that we’ll see a nuclear deal between the US and Iran. This might’ve led to the eventual lifting of oil sanctions.

Oil

Banks

Energy

OPEC

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WTI rallies further, approaching $63.00 boosted by a ban on tariffs

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By Fxstreet

WTI rallies further, approaching $63.00 boosted by a ban on tariffs

WTI Oil prices accelerated their recovery on Thursday, as a US court ruling against Trump’s tariffs boosted hopes for some normalisation in global trade, which will support crude demand.The US Court for International Trade ruled on Wednesday that Trump’s unilateral trade tariffs overstep the US Cong

WTI

Oil

Commodities

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EUR/USD must first close below 1.1200 to continue falling – UOB Group

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By Fxstreet

EUR/USD must first close below 1.1200 to continue falling – UOB Group

Further weakness is not ruled out; it is unclear whether Euro (EUR) can break and hold below 1.1200 against US Dollar (USD). In the longer run, to continue to decline, EUR must first close below 1.1200, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Technical Analysis

EURUSD

Banks

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How High Can Nvidia Stock Price Go? Strong NVDA Earnings and New $185 Share Predictions

News Discussion Forum

By Finance Magnates

How High Can Nvidia Stock Price Go? Strong NVDA Earnings and New $185 Share Predictions

NVIDIA News: NVIDIA stock price after NVDA reports record Q1 revenue of $44.1B despite a $4.5B China export hit. Analysts raise price targets to $185 as AI chip demand drives strong growth.

nvidia

NVIDIA Stock Price

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Pound Sterling gains as US court dismisses Trump’s tariff policy

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By Fxstreet

Pound Sterling gains as US court dismisses Trump’s tariff policy

The Pound Sterling (GBP) recovers from early losses against the US Dollar (USD) and reclaims the key level of 1.3500 during North American trading hours on Thursday.

GBPUSD

BOE

UnitedKingdom

SEO

UnitedStates

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AUD/JPY maintains position above 93.50 due to risk-on sentiment

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By Fxstreet

AUD/JPY maintains position above 93.50 due to risk-on sentiment

AUD/JPY continues its winning streak for the fifth successive day, trading around 93.60 during the European hours on Thursday.

AUDJPY

Crosses

Macroeconomics

Australia

Japan

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USD/CHF Price Forecast: Retraces to near 0.8300

News Discussion Forum

By Fxstreet

USD/CHF Price Forecast: Retraces to near 0.8300

The USD/CHF pair gives up a significant part of its initial gains and falls below 0.8300 during European trading hours on Thursday, from the intraday high of 0.8348. Still, the Swiss Franc pair is 0.35% higher around 0.83000.

USDCHF

DollarIndex

UnitedStates

SNB

SupportResistance

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EUR/USD returns to levels near 1.1300 as USD strength fades

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By Fxstreet

EUR/USD returns to levels near 1.1300 as USD strength fades

EUR/USD is trading with moderate losses, around 1.1285 at the time of writing, after bouncing up from 1.1213 lows.

Fundamental Analysis

EURUSD

Technical Analysis

SEO

Levels

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FMAS:25 Kicks Off in Cape Town, Highlighting Opportunities in Trading, Fintech, and Crypto

News Discussion Forum

By Finance Magnates

FMAS:25 Kicks Off in Cape Town, Highlighting Opportunities in Trading, Fintech, and Crypto

The Finance Magnates Africa Summit (FMAS:25) is now underway in Cape Town, marking the first time the event is being held in the town.

FMAS:25

FMevents

events

South Africa

retail

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Japan prime minister Ishiba reportedly arranging a call with Trump for later tonight

News Discussion Forum

By Forex Live

Japan prime minister Ishiba reportedly arranging a call with Trump for later tonight

Fuji News Network reports on the matter

Politics

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Chinese Commerce Ministry: China, US have maintained communications

News Discussion Forum

By Fxstreet

Chinese Commerce Ministry: China, US have maintained communications

Chinese Commerce Ministry said in a statement on Thursday, “China and US have used multilateral and bilateral occasions to maintain communications at various levels.”

China

UnitedStates

AUDUSD

TradeWar

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USD/CAD trades near 1.3800 after pulling back from weekly highs as Oil prices rise

News Discussion Forum

By Fxstreet

USD/CAD trades near 1.3800 after pulling back from weekly highs as Oil prices rise

USD/CAD loses ground after registering gains in the previous two consecutive sessions, trading around 1.3820 during the European hours on Thursday. The pair depreciates as the commodity-linked Canadian Dollar (CAD) receives support from improved crude Oil prices.

USDCAD

Oil

Macroeconomics

Majors

Canada

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Why Is Ethereum Price Up Today? ETH Surges for the 7th Day, with Newest Predictions Suggesting a 120% Jump

News Discussion Forum

By Finance Magnates

Why Is Ethereum Price Up Today? ETH Surges for the 7th Day, with Newest Predictions Suggesting a 120% Jump

Ethereum News: Ethereum hits 3-month high and price prediction reveals potential $3,000 breakout in May 2025. Latest ETH news shows bullish momentum with institutional backing driving prices higher.

Ethereum

ETH

Ether

Ethereum News

Ethereum Price

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Silver Price Forecast: XAG/USD is forming a descending triangle with support at $32.60

News Discussion Forum

By Fxstreet

Silver Price Forecast: XAG/USD is forming a descending triangle with support at $32.60

Silver prices (XAG/USD) are showing moderate gains on Thursday, after bouncing up from the support area, at $32.60-32.70 but the broader picture remains mixed with price action contained within recent ranges.The fundamental background is unsupportive today.

XAGUSD

Silver

Technical Analysis

Commodities

Metals

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China reaffirms having maintained communications with US since Geneva talks

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By Forex Live

China reaffirms having maintained communications with US since Geneva talks

Remarks by the Chinese commerce ministry

CNY

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Interactive Brokers UK’s 2024 Revenue Pushed Higher with 142% Client Account Increase

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By Finance Magnates

Interactive Brokers UK’s 2024 Revenue Pushed Higher with 142% Client Account Increase

The UK unit of Interactive Brokers witnessed a 142 per cent increase in client accounts in 2024, rising to 64,146 from the previous year’s 26,539, according to the latest Companies House filing.

Interactive Brokers

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European indices hold higher to start the day

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By Forex Live

European indices hold higher to start the day

Markets are optimistic about the latest tariff developments

Stocks

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Scope Prime Wants to Exploit Gap Left by IG in South Africa and Adds JSE CFDs

News Discussion Forum

By Finance Magnates

Scope Prime Wants to Exploit Gap Left by IG in South Africa and Adds JSE CFDs

Scope Prime has expanded its CFDs offerings in South Africa to include equities and exchange-traded funds listed on the Johannesburg Stock Exchange (JSE), positioning itself against competitors who...

Scope Prime

South Africa

SAR

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Forex Today: Risk flows dominate markets ahead of US data

News Discussion Forum

By Fxstreet

Forex Today: Risk flows dominate markets ahead of US data

Here is what you need to know on Thursday, May 29:

Majors

Macroeconomics

Currencies

Commodities

EconomicIndicator

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Kiwis Want High Returns But 70% Keep Cash Under the Mattress

News Discussion Forum

By Finance Magnates

Kiwis Want High Returns But 70% Keep Cash Under the Mattress

A new study by New Zealand's Financial Markets Authority ( FMA ) has uncovered significant gaps between what New Zealanders say they want from investments and how they actually allocate their money...

fma

New Zealand's FMA

report

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EUR/GBP weakens below 0.8400 amid prospect of ECB rate cuts

News Discussion Forum

By Fxstreet

EUR/GBP weakens below 0.8400 amid prospect of ECB rate cuts

The EUR/GBP cross remains under selling pressure around 0.8375 during the early European session on Thursday. The Euro (EUR) weakens against the Pound Sterling (GBP) due to weak Eurozone data. Later on Thursday, Bank of England (BoE) Deputy Governor Sarah Breeden is set to speak.

EURGBP

Crosses

Macroeconomics

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Gold Technical Analysis – Stuck in a consolidation awaiting a breakout

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By Forex Live

Gold Technical Analysis – Stuck in a consolidation awaiting a breakout

Gold continues to consolidate between two key trendlines as the market awaits catalysts to trigger a breakout

Gold

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News Discussion Forum

By Forex Live

Gold Futures Analysis Today: Range Strategy & Contract Switch (May 29, 2025)

Post Nvidia's earnings last night: Gold futures analysis and price outlook for May 29, 2025. tradeCompass identifies key levels, contract switch insights, and trade setups for gold traders. tradeCompass methodology favors range-bound tactics, here's how.

Gold

TradeCompass

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iSAM Securities Opens Limassol Office to Support Retail Trading Infrastructure

News Discussion Forum

By Finance Magnates

iSAM Securities Opens Limassol Office to Support Retail Trading Infrastructure

iSAM Securities has opened a new office in Limassol, Cyprus. The company provides institutional liquidity and trading technology to clients globally.

ISAM

iSAM Securities

retail

retail FX

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News Discussion Forum

By Forex Live

What are the main events for today?

The highlights include the US Jobless Claims and a few Fed speakers. Keep also an eye for news on the tariffs front after today's court ruling.

market overview

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Japan’s Trade Negotiator Akazawa: Want to meet with Bessent for ministerial talks

News Discussion Forum

By Fxstreet

Japan’s Trade Negotiator Akazawa: Want to meet with Bessent for ministerial talks

Japan’s Chief Trade Negotiator and Economy Minister Ryosei Akazawa said on Thursday that he “wants to meet with US Treasury Secretary Scott Bessent this time” to conduct ministerial talks.

Japan

USDJPY

UnitedStates

TradeWar

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Crude Oil price today: WTI price bullish at European opening

News Discussion Forum

By Fxstreet

Crude Oil price today: WTI price bullish at European opening

West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $62.64 per barrel, up from Wednesday’s close at $61.62.

Oil

WTI

Commodities

Bullish

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Eurostoxx futures +1.1% in early European trading

News Discussion Forum

By Forex Live

Eurostoxx futures +1.1% in early European trading

A more buoyant mood as Trump's reciprocal tariffs hit a snag

Stocks

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KCM Trade Sponsors of Australian Golf Rising Star Enshan Hooi Professional Tournament 2025

News Discussion Forum

By Finance Magnates

KCM Trade Sponsors of Australian Golf Rising Star Enshan Hooi Professional Tournament 2025

KCM Trade firmly believes that true brand influence stems from walking alongside those who share the same values.

Sponsorship

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Japan trade negotiator Akazawa says want to meet with Bessent for ministerial talks

News Discussion Forum

By Forex Live

Japan trade negotiator Akazawa says want to meet with Bessent for ministerial talks

Akazawa is leaving for Washington for tariff talks today and tomorrow

Politics

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GBP/USD drifts lower below 1.3450 ahead of US GDP release

News Discussion Forum

By Fxstreet

GBP/USD drifts lower below 1.3450 ahead of US GDP release

The GBP/USD pair trades in negative territory around 1.3435 during the early European session on Thursday. The Greenback strengthens against the Pound Sterling (GBP) after the US trade court blocks US President Donald Trump's sweeping tariffs.

GBPUSD

Majors

Macroeconomics

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Japan’s Kato: Agreed with Bessent that exchange rate should be set by the market

News Discussion Forum

By Fxstreet

Japan’s Kato: Agreed with Bessent that exchange rate should be set by the market

Japanese Finance Minister Katsunobu Kato said on Thursday that he “agreed with US Treasury Secretary Scott Bessent that exchange rate should be set by the market.”

Japan

USDJPY

TradeWar

UnitedStates

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Japan finance minister says agreed with Bessent that exchange rate should be set by market

News Discussion Forum

By Forex Live

Japan finance minister says agreed with Bessent that exchange rate should be set by market

Remarks by Japan finance minister, Katsunobu Kato

JPY

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Heads up: Some markets in Europe are closed for a bank holiday today

News Discussion Forum

By Forex Live

Heads up: Some markets in Europe are closed for a bank holiday today

That will keep things quieter in the session ahead

market overview

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GBP/JPY Price Forecast: Sticks to strong intraday gains below 196.00 amid notable JPY weakness

News Discussion Forum

By Fxstreet

GBP/JPY Price Forecast: Sticks to strong intraday gains below 196.00 amid notable JPY weakness

The GBP/JPY cross prolonged its weekly uptrend for the fourth straight day on Thursday and climbed to the 196.30 area during the Asian session, back closer to a multi-month peak touched earlier this May.

GBPJPY

RiskAppetite

BOJ

Technical Analysis

Currencies

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