Live Updates

    9 May 2025
    As the Yen strengthens from positive spending data, AUD/JPY falls close to 93.00 level

    AUD/JPY falls as Japan’s household spending surges, boosting yen; Aussie supported by strong Chinese trade.

    9 May 2025
    Several Federal Reserve officials are scheduled to address various conferences and panels on economic topics

    Federal Reserve officials, including Williams and Barr, discuss monetary policy and employment at global economic conferences Friday.

    9 May 2025
    In February, Austria’s year-on-year industrial production fell to 1.4% from 1.8%

    Austria’s industrial growth slowed; EUR/USD rose; gold gained; Ripple awaits court nod post-settlement.

    9 May 2025
    PBOC establishes CNY midpoint at 7.2095, lower than the anticipated 7.2581 amid market adjustments

    The yuan strengthens as PBOC lowers midpoint and injects liquidity via 77 billion yuan reverse repo.

    9 May 2025
    The NY cut for May 9 FX option expiries at 10:00 Eastern Time is detailed below

    FX option expiries for 9 May include large positions in EUR/USD, USD/JPY, GBP/USD, AUD/USD, and USD/CAD.

    9 May 2025
    The EUR/USD pair recovers above 1.1200 but faces challenges from a strengthening US Dollar

    EUR/USD rises above 1.1200 amid easing trade tensions; ECB rate cut fears pressure the Euro.

    9 May 2025
    China is contemplating a ban on home pre-sales to mitigate risks and support the property market

    China may ban home pre-sales, aiming to stabilize housing, reduce debt, and shift to completed-home sales.

    9 May 2025
    The March Leading Economic Index for Japan exceeded predictions, recording an actual value of 107.7

    Japan’s economic index beats forecasts; EUR/USD steady; gold gains on tensions; Ripple eyes SEC settlement.

    9 May 2025
    Kato, Japan’s finance minister, stated that lowering the consumption tax is inappropriate at this time

    Lowering Japan’s consumption tax is inappropriate, says Finance Minister Kato, citing fiscal responsibility and demographic challenges.

    9 May 2025
    In the United Arab Emirates, gold prices experienced an increase, based on recent data analysis

    Gold prices rose in UAE amid geopolitical tensions and strong central bank demand, despite strong US Dollar.

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