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Monthly Archives: May 2025

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

Written on May 6, 2025 at 4:37 pm, by

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

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

Written on May 6, 2025 at 4:15 pm, by

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

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

Written on May 6, 2025 at 4:08 pm, by

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

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

Written on May 6, 2025 at 3:45 pm, by

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

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

Written on May 6, 2025 at 3:37 pm, by

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

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

Written on May 6, 2025 at 3:16 pm, by

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

The Australian Dollar falls to around 0.6450 as China’s business activity experiences a slowdown

Written on May 6, 2025 at 3:08 pm, by

AUD/USD drops amid weak China data, US tariffs; RBA rate cut possible, Fed policy in focus.

Despite weak Swiss inflation, EUR/CHF declines as expectations rise for a SNB rate cut

Written on May 6, 2025 at 2:37 pm, by

Swiss inflation falls below expectations in April, raising prospects of SNB rate cuts and possible NIRP return.

In April, the UK services sector faced contraction, with declining orders and diminished business expectations

Written on May 6, 2025 at 2:16 pm, by

UK services sector contracts in April 2025 as new orders drop and business confidence weakens sharply.

According to ING’s Warren Patterson, declining oil prices will lead to reduced drilling activity in the US

Written on May 6, 2025 at 2:07 pm, by

Falling oil prices reduce drilling, impacting US production and natural gas supply amid rising LNG export demand.

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