Live Updates

8 May 2025
The GBP/USD pair trades around 1.3340, recovering following recent declines amid Trump trade policy speculation

GBP/USD rebounded near 1.3340 on US-UK trade hopes; Fed rate hold weighs on sentiment.

8 May 2025
A bill to create a Bitcoin reserve fund has been approved by Arizona’s governor, Hobbs

Arizona establishes Bitcoin Reserve Fund, limiting its use and signaling a strategic shift in digital asset policy.

8 May 2025
During the Asian session, buying interest in silver rises, pushing prices towards the $33.20 mark

Silver gains bullish momentum, targeting $33.70-$34.00 amid positive technical signals and strong investor interest.

8 May 2025
Support for Ueda’s normalisation was expressed by former BOJ Governor Kuroda, urging calm amidst turmoil

Kuroda urges calm on U.S. tariffs, warns of inflation, supports BOJ normalization amid global risks.

8 May 2025
Speculation about a US-UK trade deal boosts GBP/USD, with the pair rising to around 1.3350

GBP/USD climbs near 1.3350 on US-UK trade hopes; Fed cautious, Dollar supported by policy outlook.

8 May 2025
Plans for a U.S. sovereign wealth fund are being drafted by Treasury and Commerce departments

U.S. considering sovereign wealth fund using tariffs and assets to boost public benefit and economic security.

8 May 2025
According to a prominent Chinese media source, Beijing is set to maintain its trade principles without tariff reductions

US-China tariff tensions persist as Beijing defends interests; currencies and gold react amid trade uncertainties.

8 May 2025
During the Asian session, WTI crude oil trades at approximately $58.10 following a drop in US inventories

WTI oil rebounds on lower US inventories; trade tensions and tariff uncertainty pressure global demand outlook.

8 May 2025
Brazil’s central bank unanimously increased interest rates to 14.75%, emphasising the need for flexibility and vigilance

Brazil’s Central Bank raises Selic rate, highlighting inflation risks; future policy depends on evolving economic indicators.

8 May 2025
After the Fed’s rate decision, EUR/USD remains stable around 1.1300, reflecting traders’ apprehension

EUR/USD steadies near 1.1300 amid Fed’s cautious stance and rising expectations of July rate cuts.

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