Live Updates

13

May 2025
The Euro is expected to weaken against the US Dollar, with strong support at 1.1055

EUR weakens against USD; may not break 1.1055 support. Further decline possible, but uncertain.

13

May 2025
Uchida from the Bank of Japan highlights risks from US tariffs affecting Japan’s economy and prices

US tariffs pressure Japan’s economy; growth may slow, but recovery depends on global trends and exchange stability.

13

May 2025
After mixed UK employment data, EUR/GBP trades around 0.8420, ending its six-day loss streak

EUR/GBP steadies as UK unemployment edges up; markets await Eurozone sentiment data and ECB policy signals.

13

May 2025
In Australia, April’s business confidence fell slightly, while conditions remained just below average levels

Business confidence improves slightly, but conditions and profitability weaken; rate cut expected to support sentiment.

13

May 2025
At the European opening, WTI crude oil trades bearish at $61.53 per barrel, down slightly

WTI oil prices dip slightly amid global supply factors, inventory data, and OPEC’s production influence.

13

May 2025
The central rate for USD/CNY was set at 7.1991, stronger than previous rates and estimates

Yuan midpoint strengthens below 7.2; PBOC conducts reverse repos, resulting in net liquidity withdrawal.

13

May 2025
During the early European session, GBP/USD rises towards approximately 1.3195, gaining momentum

GBP/USD fluctuates amid trade talks, tariffs, UK employment data, and anticipation of key US inflation report.

13

May 2025
Finance Minister Kato plans to meet Bessent regarding forex and monitor U.S.-China tariff developments

Japan’s Finance Minister Kato eyes G7 talks, plans discussions with U.S. on forex and tariff issues.

13

May 2025
In Saudi Arabia, gold prices have experienced an increase based on recently compiled data

Gold prices rose in Saudi Arabia; global trends, currency shifts, and economic conditions influence their movement.

13

May 2025
The expected USD/CNY reference rate from the PBOC is 7.2180 according to Reuters analysis

The PBOC sets a daily yuan midpoint, permitting controlled ±2% fluctuations to maintain exchange rate stability.

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