Live Updates

    6 May 2025
    Gold prices rise $80, driven by renewed demand following holidays in Asia and stalled trade talks

    Gold climbs $80 to $3112 amid trade delays; bullish momentum continues after Asian holiday pause.

    6 May 2025
    As fears of recession rise, Asian currencies strengthen while the USD declines amidst investor shifts

    Asian currencies strengthen as capital shifts from the US amid trade tensions and divergent central bank strategies.

    6 May 2025
    The Atlanta Fed increased its GDPNow estimate for Q2 growth from 1.1% to 2.2%

    GDPNow raises Q2 2025 real GDP growth estimate to 2.2% amid stronger consumption and investment data.

    6 May 2025
    Rabobank’s Jane Foley highlights the Swiss franc’s surge amid declining inflation, raising SNB expectations

    Swiss franc gains 7% vs USD since April, but low inflation may prompt more SNB rate cuts.

    6 May 2025
    As Carney reaches the White House, USD/CAD hits day’s lows within a narrow range

    USD/CAD trades near range low; market watches Trump-Carney meeting for potential directional cues or statements.

    6 May 2025
    During North American trading, the Pound Sterling rises close to 1.3390 against the US Dollar

    Pound strengthens ahead of BoE rate cut; GBP/USD rises as US Dollar weakens amid steady Fed policy.

    6 May 2025
    Buyers supported the S&P and Nasdaq indices near 50-hour moving averages, maintaining short-term control

    S&P 500 and Nasdaq found support at 50-hour moving averages, stabilizing declines despite modest selling pressure.

    6 May 2025
    The AUDUSD maintains support above the 100-hour MA, as bulls target recent highs.

    AUDUSD holds above key support zones, eyeing resistance near 0.6493; staying bullish above moving averages.

    6 May 2025
    Scott Bessent, US Treasury Secretary, mentioned negotiations are ongoing with 17 partners, excluding China

    U.S. trade talks advance without China; Dollar Index dips as tariff debates and economic strategies resurface.

    6 May 2025
    Economic optimism in the United States fell short of projections, registering at 47.9 rather than 50.2

    Economic optimism dips; Gold tops $3,400; AUD, EUR gain; Bitcoin reserves face resistance; Fed meeting nears.

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