2+ hour, 53+ min ago  (604+ words) GBP/JPY stages a modest rebound on Friday after coming under selling pressure earlier in the day amid suspected intervention by Tokyo for a second straight day to curb excessive weakness in the Japanese Yen (JPY). At the time of…...

1+ hour, 38+ min ago  (587+ words) Gold (XAU/USD) registered weekly losses, pressured by persistent uncertainty surrounding the Middle East conflict and hawkish guidance from major central banks. While market focus shifts to the April employment report from the United States (US), XAU/USD's near-term technical…...

1+ hour, 15+ min ago  (624+ words) GBP/USD clears the 1. 3600 barrier, up over 0. 50%, as the Greenback gets battered for the second straight day amid speculation that Japanese authorities continued an intervention in the FX space to prop up the Yen. At the time of writing, the…...

42+ min ago  (587+ words) USD/JPY turns flat in the day after diving to a daily low of 155. 48 during Friday's session, in the aftermath of two straight days of Japanese authorities intervening in the FX markets to strengthen the Yen, which had weakened past…...

1+ hour, 9+ min ago  (386+ words) NZD/USD trades around 0. 5915 on Friday at the time of writing, up 0. 10% on the day, near recent highs around the 0. 5930 area. The pair's rebound comes as the US Dollar (USD) eases slightly, with the US Dollar Index (DXY) hovering near…...

2+ hour, 31+ min ago  (455+ words) BNY reports that Bundesbank President Joachim Nagel has signaled a likely European Central Bank rate hike in June unless the outlook improves, reinforcing a hawkish bias. Despite this, FX options show 1" and 3"month EUR volatility below long-term averages, suggesting markets…...

2+ hour, 13+ min ago  (379+ words) Lorie Logan, President of the Federal Reserve (Fed) Bank of Dallas, spoke at the Bank of Dallas, claiming that the Fed should not have give guidance that implies easing right now. She also added that the next rate move could…...

4+ hour, 33+ min ago  (494+ words) The Pound (GBP) has turned positive on the daily chart against the Japanese Yen (JPY) on Friday, trading at levels a few pips above 213. 00 at the time of writing, up from session lows at 211. 78 earlier in the day. The pair…...

4+ hour, 10+ min ago  (421+ words) Minneapolis Federal Reserve President Neel Kashkari explained on Friday that he dissented at the April policy meeting because the uncertainty around the Strait of Hormuz means the Fed should acknowledge the risk of rate hikes in its statement. "A large…...

3+ hour, 57+ min ago  (406+ words) In a statement published on Friday, Federal Reserve Bank of Cleveland President Beth Hammack explained her decision to dissent against the Fed keeping an easing bias in the policy statement, saying that a "clear easing bias" is no longer appropriate…...