Monthly Archives: May 2025
After reaching a five-month peak, AUD/USD has fallen to approximately 0.6450 due to USD strength
Written on May 6, 2025 at 5:37 am, by anakin
AUD/USD dips to 0.6450 amid stronger USD; China’s economy, Iron Ore, and RBA moves influence outlook.
Vitesse Energy Inc will reduce its planned capital expenditures by 32% amid market challenges
Written on May 6, 2025 at 5:15 am, by anakin
Vitesse Energy cuts capital spending 32% amid oil price decline, adjusting to economic market uncertainties.
Amid mixed signals, the Pound maintains stability around the 191.00 mark in GBP/JPY trading
Written on May 6, 2025 at 5:04 am, by anakin
GBP/JPY remains range-bound near 191.00 as mixed indicators and strong resistance levels limit clear direction.
The central bank of Hong Kong sells HK$60.543 billion to stabilise the currency’s value
Written on May 6, 2025 at 4:46 am, by anakin
HKMA intervenes as HKD hits trading limit, maintaining peg amid broader Asian currency appreciation trends.
As markets anticipate major influences, the Canadian Dollar remains stable against the US Dollar
Written on May 6, 2025 at 4:34 am, by anakin
USD/CAD trades steadily near 1.3800 as markets eye Fed rate decision and Canada-US trade talks.
A €500 million initiative from the EU aims to attract scientists amid U.S. funding reductions
Written on May 6, 2025 at 4:16 am, by anakin
EU and France offer €500 million to attract U.S. scientists amid research funding cuts in America.
Phillip Swagel, CBO director, indicated the US debt ceiling deadline may advance due to economic conditions
Written on May 6, 2025 at 4:04 am, by anakin
Debt ceiling X-date expected late summer; stable revenues; spending risks may shift projections amid uncertainties.
The USD declined against most major currencies, while the S&P and NASDAQ closed lower today
Written on May 6, 2025 at 3:46 am, by anakin
USD declined broadly; stocks fell in U.S.; gold rose; oil dropped despite OPEC+; yields climbed.
Following an OPEC production increase, WTI Crude Oil prices are recovering from recent drops
Written on May 6, 2025 at 3:34 am, by anakin
WTI crude rebounds after OPEC output plan; Russian exports, sanctions, and technical levels drive volatility.
In the upcoming fortnight, Trump plans to declare tariffs on pharmaceuticals according to sources
Written on May 6, 2025 at 3:15 am, by anakin
Trump plans new pharmaceutical tariffs to reduce import reliance, sparking concerns over drug costs and trade impact.