Live Updates

    6 May 2025
    The USD declines against major currencies, breaking various technical levels as market conditions evolve

    USD weakens before FOMC decision; EUR defends support, JPY drops, GBP eyes breakout; markets await data.

    6 May 2025
    The Goods Trade Balance in the United States decreased from $-162 billion to $-163.5 billion

    U.S. trade deficit rose to $163.5 billion in March, highlighting persistent trade imbalances and economic concerns.

    6 May 2025
    Amid political uncertainty in Germany, the Euro trades within a notably tight range, observes Osborne

    Euro stable amid German political uncertainty; European stocks fall; PMI expands; ECB commentary closely watched.

    6 May 2025
    German political developments impacted the DAX, while China planned a press conference on financial policy

    Markets reacted to German politics, China’s stimulus hopes, Trump-Carney meeting, and mixed Eurozone economic data.

    6 May 2025
    According to Scotiabank’s Shaun Osborne, CAD remains stable within a bullish trend channel against USD

    Canadian Dollar holds steady; focus on trade data and political meeting. USD/CAD shows gentle bearish trend.

    6 May 2025
    The EU plans tariffs on €100 billion of US goods if trade talks remain unsuccessful, continuing threats

    EU may impose tariffs on €100 billion in US goods; markets may react via trading algorithms.

    6 May 2025
    As the US Dollar weakens, EUR/USD rises close to 1.1360 amid political developments in Germany

    EUR/USD rises as U.S. Dollar weakens; ECB and Fed policy expectations influence currency markets and economic outlook.

    6 May 2025
    Chinese officials, including PBoC representatives, plan a press conference regarding market-stabilising financial policies

    China to unveil financial policy package Wednesday to stabilize markets, featuring central bank and regulators’ officials.

    6 May 2025
    Eli Lilly & Company operates globally in pharmaceuticals and aims for a new weekly trading high

    Eli Lilly’s stock shows bullish momentum, targeting $1155 post-correction; support holds above April 2025 low.

    6 May 2025
    The central bank in Taiwan is inspecting FX custodian banks to stabilise the market situation

    Taiwan’s central bank acts to stabilize currency after volatility, inspecting FX custodians and enforcing strict trade controls.

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