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China's Services Purchasing Managers' Index (PMI) declined to 50.7 in April from 51.9 in March, the latest data published by Caixin showed on Tuesday.

Created : 2025.05.06 10:47

Last updated : 2025.05.06

West Texas Intermediate (WTI) crude Oil price continues to recover during Asian trading on Tuesday, hovering around $57.60 per barrel after a nearly 2% decline on Monday. However, gains were capped by concerns over rising global supply following an OPEC+ decision to accelerate output increases.

Created : 2025.05.06 10:28

Last updated : 2025.05.06

On Tuesday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.2008 as compared to last Wednesday's fix of 7.2014 and 7.2518 Reuters estimate.

Created : 2025.05.06 10:15

Last updated : 2025.05.06

AUD/USD is retreating from a five-month high of 0.6493 reached on Monday, slipping to around 0.6450 during the Asian session on Tuesday. The decline comes as the US Dollar (USD) strengthens ahead of the Federal Reserve's (Fed) upcoming monetary policy decision on Wednesday.

Created : 2025.05.06 09:55

Last updated : 2025.05.06

AUD/USD is retreating from a five-month high of 0.6493 reached on Monday, slipping to around 0.6450 during the Asian session on Tuesday. The decline comes as the US Dollar (USD) strengthens ahead of the Federal Reserve's (Fed) upcoming monetary policy decision on Wednesday.

Created : 2025.05.06 09:55

Last updated : 2025.05.06

EUR/USD churned chart paper near the familiar 1.1300 handle to kick off a fresh trading week. The Fiber has been stuck in a choppy consolidation phase as Euro traders struggle to kick off a new push in either direction.

Created : 2025.05.06 08:54

Last updated : 2025.05.06

The Mexican Peso (MXN) began the week with losses of around 0.58% against the US Dollar (USD) ahead of a crucial week with the Federal Reserve (Fed) preparing to host its monetary policy meeting on May 7 and the announcement of Mexican inflation figures.

Created : 2025.05.06 08:42

Last updated : 2025.05.06

GBP/USD snapped a near-term losing streak, pumping the breaks and holding steady near the 1.3300 handle to kick off a fresh trading week.

Created : 2025.05.06 07:04

Last updated : 2025.05.06

The AUD/NZD pair hovered around the 1.0800 mark on Monday after the European session, slipping slightly but staying within a narrow mid-range as the market heads into Asia.

Created : 2025.05.06 07:00

Last updated : 2025.05.06

The GBP/JPY pair showed marginal movement on Monday, holding near the 191.00 zone following the European session. Price action remained flat within a narrow range, reflecting uncertainty in direction as momentum indicators deliver conflicting signals.

Created : 2025.05.06 06:30

Last updated : 2025.05.06

The EUR/JPY pair slipped lower on Monday, falling toward the 163.00 zone as the session closed and ahead of the Asian open. Despite the day's decline, the broader setup remains constructive, with the pair still holding above critical trendline supports.

Created : 2025.05.06 06:00

Last updated : 2025.05.06

The USD/CHF extended its losses for the second straight day, and it is down over 0.46%, trading at 0.8221.

Created : 2025.05.06 05:56

Last updated : 2025.05.06

United States (US) Commerce Secretary Howard Lutnick hit newswires late on Monday, skirting direct questions about a US-Canada trade deal outside of the Trump administration's own NAFTA re-negotiation, the USMCA.

Created : 2025.05.06 05:48

Last updated : 2025.05.06

The Canadian Dollar (CAD) is holding steady against the US Dollar (USD) to kick off the new trading week, with USD/CAD holding steady near the 1.3800 handle.

Created : 2025.05.06 05:10

Last updated : 2025.05.06

The AUD/USD pair surged on Monday, reaching a fresh five-month high near the 0.6500 level. The Australian Dollar (AUD) benefits from a range of factors, including the US Dollar's (USD) weakness, a solid economic report from the US and the strengthening of global risk sentiment. 

Created : 2025.05.06 05:09

Last updated : 2025.05.06

The USD/JPY dropped late during the North American session as investors seeking safety bought the Japanese Yen (JPY) and ditched the US Dollar (USD) amid the lack of announcements of trade deals, despite rumors that the US and China are close to beginning talks.

Created : 2025.05.06 04:58

Last updated : 2025.05.06

Director of the United States (US) Congressional Budget Office (CBO) Phillip Swagel noted on Monday that while US revenue projections are holding steady, the next iteration of the US's routine debt ceiling showdown could be pushed forward if government spending and revenue conditions deteriorate.

Created : 2025.05.06 04:52

Last updated : 2025.05.06

The US Dollar remained under pressure at the start of the new trading week, extending recent losses amid persistent selling interest. Investor focus is now turning to a series of key central bank rate decisions in the days ahead, with the Federal Reserve front and centre.

Created : 2025.05.06 04:06

Last updated : 2025.05.06

The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, posted mild gains on Monday as the Taiwan Dollar surged over 5%. The move sparked a broader rally in Asian currencies amid speculation of FX conversions by exporters.

Created : 2025.05.06 03:32

Last updated : 2025.05.06

USD/CAD is treading water as investors weigh the geopolitical significance of Tuesday's scheduled meeting between Canadian Prime Minister Mark Carney and US President Donald Trump, alongside a series of high-impact economic releases expected to shape monetary policy outlooks. 

Created : 2025.05.06 02:06

Last updated : 2025.05.06