Live Updates

    22 May 2025
    Scotiabank reports CAD stability with bullish technical lean despite slight decline due to USD rise

    Canadian Dollar dips slightly; USD/CAD risk reversal hits 2009 highs; Bitcoin surpasses $110K amid mixed sentiment.

    22 May 2025
    The RBA’s dovish stance is reinforced by weak May PMI data, causing AUD/USD to weaken

    Australian dollar weakens as PMI data drops, raising market expectations for Reserve Bank rate cuts ahead.

    22 May 2025
    Amidst rising Japanese bond yields, USD/JPY declined as the Bank of Japan showed caution

    USD/JPY wavers as BOJ cuts bond purchases; private sector contracts, rate hike expected within two years.

    22 May 2025
    During European trading, the Euro weakened, causing EUR/USD to drop near 1.1300 after weak PMIs

    EUR/USD drops near 1.1300 as weak Eurozone PMI, geopolitical tensions, and ECB outlook weigh on Euro.

    22 May 2025
    Boris Vujčić stated that growth in the Eurozone is positive, albeit at a low level

    Eurozone growth remains low but positive; inflation nearing 2% target by 2026, Euro little changed.

    22 May 2025
    According to ING’s Francesco Pesole, a rise in EUR/USD seems unavoidable as euros strengthen

    European currencies rise as investors shift from US assets; EUR/USD outlook hinges on tariffs, trade tensions.

    22 May 2025
    The UK’s S&P Global Composite PMI of 49.4 exceeded expectations of 49.3 in May

    UK’s Composite PMI at 49.4 signals slight improvement, suggesting resilience and potential impact on monetary policy.

    22 May 2025
    In May, Germany’s IFO expectations surpassed forecasts, registering an actual score of 88.9

    Germany’s IFO beats forecasts; EUR/USD steady, gold slips; markets await US PMI data for direction.

    22 May 2025
    In May, the Manufacturing PMI for the Eurozone slightly increased, yet the sector continued contracting

    Eurozone PMIs show mixed results; manufacturing improves, services decline, keeping EUR/USD afloat despite economic concerns.

    22 May 2025
    The HCOB Manufacturing PMI for the Eurozone fell short of expectations, registering 48.4 instead of 49.3

    Eurozone PMI contracts; Euro gains limited. UK PMI rises. Gold retreats. Chainlink up amid whale activity.

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