Live Updates

8 May 2025
As the US Dollar holds firm, the Indian Rupee continues to weaken for the third session

Rupee weakens amid Fed policy signals, geopolitical tensions, low inflation, and strong US Dollar outlook continue.

8 May 2025
Governor Ueda acknowledged rising food prices’ influence on inflation and plans to monitor global economic uncertainties.

BOJ Governor Ueda monitors food price uncertainties, signaling potential rate hikes amid inflation and economic concerns.

8 May 2025
Below are the FX option expiries for the NY cut at 10:00 Eastern Time

FX option expiries show significant volumes across major currency pairs, indicating key levels for market interest.

8 May 2025
Trump’s trade deal hint boosts US equities, prompting increased stock bids amid thinner overnight trading

Trump’s trade deal announcement boosts markets; S&P 500 rises, though caution urged due to thin trading.

8 May 2025
With the USD weakening, the EUR/USD pair remains stable above 1.1300, attracting dip-buyers

EUR/USD recovers as Euro gains on German leadership shift; USD pressured by trade policy uncertainty.

8 May 2025
Today, the PBOC established the yuan midpoint at 7.2073, lower than the predicted figure

PBOC sets yuan midpoint at 7.2073; injects 158.6 billion yuan via 7-day reverse repo at 1.4%.

8 May 2025
The GBP/USD pair trades around 1.3340, recovering following recent declines amid Trump trade policy speculation

GBP/USD rebounded near 1.3340 on US-UK trade hopes; Fed rate hold weighs on sentiment.

8 May 2025
A bill to create a Bitcoin reserve fund has been approved by Arizona’s governor, Hobbs

Arizona establishes Bitcoin Reserve Fund, limiting its use and signaling a strategic shift in digital asset policy.

8 May 2025
During the Asian session, buying interest in silver rises, pushing prices towards the $33.20 mark

Silver gains bullish momentum, targeting $33.70-$34.00 amid positive technical signals and strong investor interest.

8 May 2025
Support for Ueda’s normalisation was expressed by former BOJ Governor Kuroda, urging calm amidst turmoil

Kuroda urges calm on U.S. tariffs, warns of inflation, supports BOJ normalization amid global risks.

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