Live Updates

    7 May 2026
    UAE gold edges higher as markets brace for Federal Reserve decision and sustained central bank buying

    UAE gold prices rose Thursday, with gram at AED 554.51; moves tied to dollar, rates, demand.

    7 May 2026
    USD/CAD steadies near 1.3630 as falling oil weighs on loonie and Fed outlook diverges

    USD/CAD near 1.3630 as oil falls on Iran peace talk hopes, pressuring loonie, boosting Fed-cut bets.

    7 May 2026
    AUD/USD rises towards 0.7240 despite surprise Australian trade deficit as Middle East hopes lift sentiment

    AUD/USD climbed near 0.7240 as Australia posted a surprise March trade deficit and Middle East tensions eased.

    7 May 2026
    EUR/USD steadies after 1.1800 retreat as weaker dollar and Iran deal hopes lift volatility

    EUR/USD rebounds in Asia as dollar softens; jobs data, Iran deal hopes and key upcoming US data.

    7 May 2026
    Australia trade balance swings to $1.84bn deficit as imports surge, weighing on Aussie dollar

    Australia’s March trade balance flipped to $1.84B deficit as exports fell and imports surged, pressuring AUD/USD.

    7 May 2026
    Australia’s March Trade Balance Swings to Deficit, Raising Pressure on Australian Dollar and Rate Outlook

    Australia’s March trade balance unexpectedly swung to a A$1.841B deficit, missing forecasts for a A$4.25B surplus.

    7 May 2026
    Australia Exports Slide in March, Raising Downside Risks for AUD and ASX Resource Stocks

    Australia’s exports fell 2.7% in March, reversing February’s 4.9% gain, signaling a month-on-month decline.

    7 May 2026
    Australia’s March imports jump 14.1%, fuelling bets on a more hawkish Reserve Bank stance

    Australia’s imports jumped 14.1% in March after a 3.2% decline in February, signaling a sharp rebound.

    7 May 2026
    Australia’s March Trade Surplus Miss Fuels AUD Downside Bets as RBA Cut Risks Rise

    Australia’s March trade surplus hit 1,841 million, missing forecasts of 4,250 million by 2,409 million.

    7 May 2026
    PBoC sets firmer yuan fixing as easing bets grow amid growth worries and dollar strength

    PBoC set Thursday’s USD/CNY fixing at 6.8487, stressing exchange-rate stability, growth support, and policy tools.

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