China grants first rare earth export permits since adding restrictions last month – Reuters

Citing industry sources familiar with the matter, Reuters reported on Wednesday that China has granted first rare earth export permits since adding restrictions last month.

May 14, 2025

EUR/USD strengthens to near 1.1200 as risk appetite returns

The EUR/USD pair gains ground to around 1.1195 during the Asian trading hours on Wednesday. The US Dollar (USD) weakens against the Euro (EUR) after the cooler-than-expected US April inflation data.

USD/CHF breaks below 0.8400, downside appears limited due to dovish SNB policy outlook

The USD/CHF pair continues to lose ground for the second consecutive day, trading near 0.8390 during Wednesday’s Asian session. Downside risks appear limited, as growing expectations of further monetary easing by the Swiss National Bank (SNB) weaken the Swiss Franc (CHF).