Economic calendar in Asia Thursday, May 8, 2025 - Bank of Japan minutes
Economic calendar in Asia Thursday, May 8, 2025 - Bank of Japan minutes
Asian Economic Calendar: Key Events and Consensus Expectations for 08 May 2025
economic calendar
Forex Today: All eyes are on the Bank of England
Forex Today: All eyes are on the Bank of England
The US Dollar edged higher as markets digested the Federal Reserve’s decision to leave interest rates unchanged on Wednesday. Adding to the Greenback’s modest strength were renewed hopes of a US-China trade deal materialising sooner rather than later.
Currencies
EURUSD
CentralBanks
BOE
GBPUSD
USDJPY sellers tried, the buyers are now making a run.
USDJPY sellers tried, the buyers are now making a run.
The indecisiveness from the Fed is in the USDJPY too
NZDUSD technical update: Testing a key barometer cluster
NZDUSD technical update: Testing a key barometer cluster
The NZDUSD is testing a critical technical zone with major moving averages clustered closely. The outcome will determine near-term market bias for traders.
NZD
USD
US yields slip as Powell signals patience, US Dollar pulls back from highs
US yields slip as Powell signals patience, US Dollar pulls back from highs
US Treasury yields edged lower across the whole curve, falling by an average of two and a half to three basis points after plunging more than seven basis points earlier.
Currencies
Fed
Bonds
YieldCurve
DollarIndex
Integral Is Bringing Banks' FX Data to the Blockchain in Partnership with Pyth Network
Integral Is Bringing Banks' FX Data to the Blockchain in Partnership with Pyth Network
News Discussion Forum
By Finance Magnates
Integral Is Bringing Banks' FX Data to the Blockchain in Partnership with Pyth Network
Pyth Network, a provider of decentralized data feeds, has partnered with Integral, an infrastructure provider for global currency markets, to enhance how data flows from institutional desks to open...
Pyth Network
GBP/USD slides as Fed holds rates, flags rising inflation and growth uncertainty
GBP/USD slides as Fed holds rates, flags rising inflation and growth uncertainty
GBP/USD extended its losses on Wednesday after the Federal Reserve (Fed) decided to keep interest rates unchanged as expected, with most eyes set on Fed Chair Jerome Powell's press conference. At the time of writing, the pair trades near 1.3331, down more than 0.20%.
Technical Analysis
Currencies
Fed
Majors
GBPUSD
Gold price slips as Fed holds rates, warns of heightened inflation
Gold price slips as Fed holds rates, warns of heightened inflation
Gold price remains on the back foot after the Federal Reserve (Fed) kept interest rates unchanged. XAU/USD trades at $3,394, down over 1%, as traders brace for Fed Chair Jerome Powell's press conference.
Technical Analysis
XAUUSD
Fed
Gold
InterestRate
AUD/USD plunges to 0.6430 as Powell pushes back on rate cut expectations
AUD/USD plunges to 0.6430 as Powell pushes back on rate cut expectations
The Australian Dollar tumbled against the US Dollar following Fed Chair Jerome Powell’s press conference, where he emphasized uncertainty around the rate outlook and ruled out preemptive easing.
Currencies
Fed
Majors
AUDUSD
USD/JPY lurches higher after Powell splashes cold water on rate cut hopes
USD/JPY lurches higher after Powell splashes cold water on rate cut hopes
USD/JPY took a header on Wednesday, falling to 143.00 in intraday trading after the Federal Reserve (Fed) held rates steady at 4.25-4.5%, as many investors had expected.
Fed
USDJPY
InterestRate
EUR/USD whipsaws after Fed rate hold, Powell warns tariffs put targets out of reach
EUR/USD whipsaws after Fed rate hold, Powell warns tariffs put targets out of reach
EUR/USD churned within intraday levels after the Federal Reserve (Fed) held interest rates at 4.5% on Wednesday. Markets had broadly forecast a flat stance from the Fed for its May rate call, but the key for investors will be how much the Fed shifts its stance toward future rate cuts.
EURUSD
Fed
InterestRate
US Dollar Index recovers to 99.60 as Powell adopts cautious but balanced tone
US Dollar Index recovers to 99.60 as Powell adopts cautious but balanced tone
US Dollar Index recovers to 99.60 as Powell adopts cautious but balanced tone
Currencies
Fed
DollarIndex
Balanced
US President Trump: No to pulling back on tariffs on China
US President Trump: No to pulling back on tariffs on China
United States (US) President Donald Trump hit newswires just ahead of the Federal Reserve's (Fed) upcoming rate call. The President's talking points hit the usual meandering pace, weaving in and out of a wide spread of topics.
UnitedStates
TradeWar
China
Politics
Gold price drops over 2% after Fed hold, US-China tariff talks boost US Dollar
Gold price drops over 2% after Fed hold, US-China tariff talks boost US Dollar
Gold prices retreated by more than 2% on Wednesday, after the Federal Reserve (Fed) kept rates unchanged, and despite an improvement in risk appetite following the commencement of tariff talks between the United States (US) and China.
Technical Analysis
XAUUSD
SEO
Gold
Fundamental Analysis
The fiscal hawks are fighting back on the budget bill
The fiscal hawks are fighting back on the budget bill
Senate Republicans want to get more aggressive
Politics
MUFG: Even a hawkish Powell today may not lift the dollar
MUFG: Even a hawkish Powell today may not lift the dollar
No change in rates is expected today but the tone of the statement and Powell are key
Dow Jones Industrial Average middles as investors digest Fed rate call and cautious Powell
Dow Jones Industrial Average middles as investors digest Fed rate call and cautious Powell
The Dow Jones Industrial Average (DJIA) eased on Wednesday, falling to 40,850 after the Federal Reserve (Fed) held rates steady in the 4.25-2.5% target range.
DowJones
Equities
Fed
SEO
InterestRate
USD/JPY struggles as Fed policy decision and US-China trade talks loom
USD/JPY struggles as Fed policy decision and US-China trade talks loom
The USD/JPY pair is trading in a tight range as markets await the US Federal Reserve’s (Fed) policy decision on Wednesday. Investors widely expect the central bank to keep its policy rate unchanged in the 4.25%-4.50% range for the third consecutive meeting, despite rising economic uncertainties.
Currencies
Fed
Majors
USDJPY
Macroeconomics
More from US Treasury Sec Bessent: "Believes" US Debt to GDP ratio will drop next year
More from US Treasury Sec Bessent: "Believes" US Debt to GDP ratio will drop next year
Bessent predicts - but it is a belief - a decrease in the US debt to GDP ratio next year.
US Treasury Secretary Bessent: China trade talks to begin Saturday
US Treasury Secretary Bessent: China trade talks to begin Saturday
United States (US) Treasury Secretary Scott Bessent reaffirmed that US-China trade talks will begin on neutral ground when delegates from the two countries meet in Switzerland this weekend.
TradeWar
UnitedStates
Politics
DollarIndex
AUD/USD retreats as traders eye Powell and US-China trade talks
AUD/USD retreats as traders eye Powell and US-China trade talks
The Australian Dollar (AUD) is trading lower on Wednesday after failing to break above a key resistance level, with markets turning cautious ahead of expected commentary from United States (US) Federal Reserve (Fed) Chair Jerome Powell and high-level trade talks between the US and China. 
Currencies
Fed
Majors
AUDUSD
Macroeconomics
AUDUSD retreats after false breakout above key resistance
AUDUSD retreats after false breakout above key resistance
AUDUSD reverses lower after breaching 0.6504 swing high, now testing 200-day MA at 0.6460. Break below may signal further downside towards 0.6428 levels.
AUD
USD
EUR/GBP Price Analysis: Euro holds steady near 0.8500 as mixed signals persist
EUR/GBP Price Analysis: Euro holds steady near 0.8500 as mixed signals persist
The EUR/GBP pair remained relatively flat on Wednesday, hovering near the 0.8500 zone after the European session. Price action was contained within a narrow range, reflecting a market lacking clear directional momentum.
Crosses
Technical Analysis
Currencies
EURGBP
Revolut to Enable Bitcoin Lightning Payments in Europe in Collaboration with Lightspark
Revolut to Enable Bitcoin Lightning Payments in Europe in Collaboration with Lightspark
News Discussion Forum
By Finance Magnates
Revolut to Enable Bitcoin Lightning Payments in Europe in Collaboration with Lightspark
Revolut is collaborating with Lightspark to enable payments via the Bitcoin-based Lightning Network, a move that aims to streamline crypto transfers for users across the UK and select European coun...
revolut
European major indices closing lower on the day
European major indices closing lower on the day
Major European indices end the day in the red, while US markets see a mixed market. US yields fluctuate ahead of the FOMC rate decision.
Stocks
GBP/USD pauses rally as traders eye Fed, BoE’s decisions
GBP/USD pauses rally as traders eye Fed, BoE’s decisions
The Pound Sterling (GBP) retreated after posting back-to-back days of gains versus the US Dollar (USD). Still, positive news related to a possible de-escalation of the China-US tensions lent a lifeline to the Greenback, which remains firm in early trading.
Technical Analysis
Fed
Majors
GBPUSD
Fundamental Analysis
Bitcoin Eyes Breakout; Metaplanet Buys 555 BTC, Holdings Reach 5,555
Bitcoin Eyes Breakout; Metaplanet Buys 555 BTC, Holdings Reach 5,555
News Discussion Forum
By Finance Magnates
Bitcoin Eyes Breakout; Metaplanet Buys 555 BTC, Holdings Reach 5,555
Japan’s Metaplanet has increased its Bitcoin holdings with the purchase of 555 BTC. The Tokyo-listed firm disclosed the transaction on May 7.
bitcoin
crypto
cryptocurrency
BTC
Bitcoin (BTC)
NZD/USD corrects below 0.6000 ahead of Fed’s monetary policy decision
NZD/USD corrects below 0.6000 ahead of Fed’s monetary policy decision
The NZD/USD pair retraces to near 0.5980 during North American trading hours on Wednesday after revisiting the six-month high of 0.6025 earlier in the day.
China
Fed
RBNZ
Employment
NZDUSD
USDCHF stalls near resistance – sellers remain in control below the 100/200 hour MAs
USDCHF stalls near resistance – sellers remain in control below the 100/200 hour MAs
The 100/200 hour MAs in the USDCHF are near converged near 0.8254
Broker Rebates