Live Updates

7 May 2025
After three days of gains, the AUD/USD pair trades near 0.6480, nearing 0.6450 support level

AUD/USD retreats from six-month high; bullish trend persists. Key supports: 0.6450, 0.6435, 0.6338 levels.

7 May 2025
March saw Germany’s industrial orders rise by 3.6%, exceeding the anticipated 1.3% increase

Germany’s industrial orders rose 3.6% in March, with strong gains in capital, intermediate, and consumer goods.

7 May 2025
The announcement of US-China trade talks caused a brief 0.4/0.5% surge in the dollar

Dollar briefly rises on US-China trade talks; upcoming events may influence its uncertain trajectory.

7 May 2025
There are no major expiries today; market sentiment and headlines primarily influence price movements

No major FX option expiries today; markets focus on US-China trade headlines and risk sentiment shifts.

7 May 2025
Trading around 99.50, the US Dollar Index recovers from a prior decline before Powell’s comments

US Dollar rebounds near 99.50 as markets await Fed rate decision and Powell’s remarks amid tensions.

7 May 2025
Optimism rises with US-China discussions, bolstered by China’s supportive measures to improve trade relations

Markets rally on US-China trade talks; optimism grows amid de-escalation hopes, despite lingering tariff uncertainties.

7 May 2025
Steady GBP trading is anticipated, aided by political support and potential US-UK trade agreement discussions

Sterling steady amid trade talks, upcoming summits, and Bank of England decisions; GBP/USD may rise.

7 May 2025
The PBOC reduced the relending rate to 1.50%, following various prior financial measures for support

PBOC cuts relending rate to 1.50% from May 7 to support market activities and economy.

7 May 2025
As the US Dollar gains ground, USD/CHF rebounds above 0.8250, ending its three-day decline

USD/CHF climbs past 0.8250 as Fed holds rates; SNB cut expected, Swiss Franc faces pressure.

7 May 2025
Tensions between India and Pakistan escalate, while US-China trade talks and China’s rate cuts commence

Tensions rise in Asia as India-Pakistan clash, US-China trade talks begin, China cuts rates to support economy.

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