Live Updates

8 May 2025
In a neutral tone, the Euro remains stable around 1.1300, with traders evaluating market trends

EUR/USD trades near 1.1300 with mixed technical signals, suggesting neutral momentum and cautious market positioning.

8 May 2025
Bitcoin surpasses $100K, while Trump’s endorsement of XRP raises questions about political influences

Bitcoin hits $101K amid optimism from Trump’s UK trade move and crypto-related White House intrigue.

8 May 2025
The EIA reported a Natural Gas Storage Change of 104B in the US, exceeding forecasts

US gas storage rose, gold dipped, Ethereum surged, and USD strengthened amid trade optimism and stable rates.

8 May 2025
Optimism over trade negotiations boosts US stocks; major indices rise over 1.4%, led by Dow

US stocks surge over 1.4% on UK trade hopes; China tariffs remain a major economic concern.

8 May 2025
Around 0.6420, AUD/USD maintains stability as the US Dollar falters in its upward momentum

AUD/USD holds steady amid Fed policy uncertainty; trade talks may support US-Australia economic prospects.

8 May 2025
Trump indicates that 10% tariffs may be the minimum, raising concerns over deal-making effectiveness

Trump’s proposed 10% tariff baseline may complicate trade deals amid his shifting stance on tariffs.

8 May 2025
According to the Bank of Canada, risks to financial stability arise from the US trade war

BoC warns trade conflict may trigger credit defaults; markets could destabilize, but financial system remains resilient.

8 May 2025
As bearish sentiment rises, the EURUSD tests crucial support levels for potential directional shifts

EURUSD faces key support at 1.1265, with bearish pressure persisting below 100/200-hour moving averages.

8 May 2025
Forecasts for US Wholesale Inventories were missed by 0.4%, landing at 0.5% in March

US wholesale inventories fell 0.4% in March; Ethereum surged 15% amid strong US Dollar movements.

8 May 2025
The UK announced zero tariffs for steel and aluminium alongside enhanced market access for farmers

UK-US trade deal cuts tariffs on metals, expands beef access, and starts digital trade cooperation talks.

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