Current news is English only but we will be adding multilingual news - check back soon.
MUFG on the Taiwan dollar move a "19-standard-deviation event"
MUFG on the Taiwan dollar move a "19-standard-deviation event"
For those unfamiliar with statistics, a 19 standard deviation, in brief, never happens. Except, it just did.
USD/INR edges lower on potential US-India trade talks
USD/INR edges lower on potential US-India trade talks
The Indian Rupee (INR) gains ground on Monday. The positive developments surrounding the US-India trade deal boost sentiment, supporting the Indian currency. Additionally, the fall in crude oil prices lifts the INR as India is the world's third-largest oil consumer. 
EmergingMarkets
SEO
USDINR
India
Macroeconomics
USD/CAD steadies near 1.3800, downside appears due to a weaker US Dollar
USD/CAD steadies near 1.3800, downside appears due to a weaker US Dollar
USD/CAD is holding steady around the 1.3800 level during Monday’s Asian session, following a decline in the previous trading day. Upside momentum for the pair may be capped as the US Dollar (USD) faces pressure, potentially due to renewed trade tensions.
USDCAD
Majors
Macroeconomics
Canada
Vietnam PM says U.S. tariffs negatively affect global economy
Vietnam PM says U.S. tariffs negatively affect global economy
Trump's tariffs include a 46% levy on Vietnamese goods
Japanese Yen trims part of modest intraday gains; up a little against broadly weaker USD
Japanese Yen trims part of modest intraday gains; up a little against broadly weaker USD
The Japanese Yen (JPY) trims a part of its modest intraday gains heading into the European session on Monday and assists the USD/JPY pair to recover a few pips from sub-144.00 levels.
Fed
BOJ
SEO
USDJPY
InterestRate
Australian PM Albanese won the weekend election, says spoke to Trump after
Australian PM Albanese won the weekend election, says spoke to Trump after
Described the conversation with Trump as warm and positive
Australian Dollar advances as inflation gauge rises in April, US ISM Services PMI eyed
Australian Dollar advances as inflation gauge rises in April, US ISM Services PMI eyed
The Australian Dollar (AUD) is extending its gains against the US Dollar (USD) for a second consecutive session on Monday.
Australia
SEO
Majors
AUDUSD
Macroeconomics
Trump interview - full transcript - Trump's opinion on how many toys kids should have
Trump interview - full transcript - Trump's opinion on how many toys kids should have
Trump discussed tariffs, China, Russia, Ukraine, limiting children's toys, and more
Politics
US Presi. Trump: ‘At some point, I’m going to lower tariffs’ on China
US Presi. Trump: ‘At some point, I’m going to lower tariffs’ on China
Speaking over the weekend on tariffs announced on Chinese imports, US President Donald Trump said that “At some point, I’m going to lower them, because otherwise, you could never do business with them, and they want to do business very much.”
TradeWar
UnitedStates
DollarIndex
WTI tumbles below $56.00 as OPEC+ accelerates output hikes
WTI tumbles below $56.00 as OPEC+ accelerates output hikes
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $55.75 during the Asian trading hours on Monday. The WTI price falls after the Organization of the Petroleum Exporting Countries and allies (OPEC+) agreed to surge production by 411,000 barrels per day in June.
Oil
WTI
Commodities
Macroeconomics
Australia job ads for April +0.5% m/m (prior +0.4%)
Australia job ads for April +0.5% m/m (prior +0.4%)
We had a privately surveyed inflation report a few minutes ago, now for the labour market update!
US dollar losing ground in holiday-thinned Asia trade
US dollar losing ground in holiday-thinned Asia trade
Across the baord decline for the US dollar
EUR/USD edges lower to near 1.1300, traders await US ISM Services PMI
EUR/USD edges lower to near 1.1300, traders await US ISM Services PMI
EUR/USD is kicking off the week on a weaker note, trading near 1.1320 during the Asian session on Monday. US President Donald Trump confirmed he would not seek to remove Federal Reserve (Fed) Chair Jerome Powell before his term ends in May 2026.
EURUSD
Majors
Macroeconomics
Eurozone
Gold Price Forecast: XAU/USD edges higher to near $3,250 as trade questions linger
Gold Price Forecast: XAU/USD edges higher to near $3,250 as trade questions linger
The Gold price (XAU/USD) trades in positive territory near $3,245 during the early Asian session on Monday. The renewed concerns over the US recession and US-China trade relations provide some support to safe-haven assets like Gold.
Gold
Commodities
XAUUSD
Macroeconomics
GBP/USD consolidates above mid-1.3200s as traders move to the sidelines ahead of BoE this week
GBP/USD consolidates above mid-1.3200s as traders move to the sidelines ahead of BoE this week
The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading band around the 1.3260-1.3265 area, near a one-week low touched during the Asian session.
Currencies
TradeWar
Fed
BOE
GBPUSD
Trump's retreat on China tariffs ICYMI - lower tariffs “At some point"
Trump's retreat on China tariffs ICYMI - lower tariffs “At some point"
US firms thinking of buliding in the US to replace imports from China will need to reconsider
Politics
China
OPEC+ to further speed up oil output hikes - Reuters
OPEC+ to further speed up oil output hikes - Reuters
The Organization of the Petroleum Exporting Countries and allies (OPEC+) agreed to accelerate oil production hikes for a second consecutive month, raising output in June by 411,000 barrels per day (bpd).
Oil
OPEC
Commodities
Macroeconomics
US President Donald Trump to impose 100% tariff on all movies produced overseas
US President Donald Trump to impose 100% tariff on all movies produced overseas
US President Donald Trump said late Sunday that he is authorizing the US Trade Representative and the Commerce Department to begin the process of imposing a 100% tariff on imports of foreign-produced movies.
OfficialTrump
TradeWar
UnitedStates
Macroeconomics
US President Donald Trump says he won't remove Fed chair Powell before his term ends in May 2026
US President Donald Trump says he won't remove Fed chair Powell before his term ends in May 2026
US President Donald Trump said on Sunday that he will not remove Jerome Powell as Federal Reserve (Fed) Board Chairman before his term ends in May 2026. 
Fed
CentralBanks
Macroeconomics
Trump announces more tariffs -  plans 100% tariff on all movies produced overseas
Trump announces more tariffs - plans 100% tariff on all movies produced overseas
Trump says "The Movie Industry in America is DYING a very fast death."
Politics
Bessent's weeeknd Wall Street Journal op-ed - talking points
Bessent's weeeknd Wall Street Journal op-ed - talking points
US Treasury Secretary Bessent opinion piece in the weekend's Wall Street Journal
Politics
AUD/USD gains traction to near 0.6450 as Anthony Albanese wins a second term as Australian PM
AUD/USD gains traction to near 0.6450 as Anthony Albanese wins a second term as Australian PM
The AUD/USD pair gathers strength to around 0.6450 during the Asian session on Monday.
Majors
AUDUSD
Macroeconomics
Australian PM Anthony Albanese wins second three-year term in Federal Election 2025 
Australian PM Anthony Albanese wins second three-year term in Federal Election 2025 
Australian Prime Minister Anthony Albanese has been re-elected as the country's leader in a general election on Saturday, becoming the first in decades to secure a second term. 
Australia
Macroeconomics
Oil price futures gap lower to open the week's trade - OPEC+ supply hike cited
Oil price futures gap lower to open the week's trade - OPEC+ supply hike cited
The news that OPEC+ appears set to further expand output has slammed opening prices
FT says Chinese exporters ‘washing’ products in 3rd countries to avoid Trump tariffs
FT says Chinese exporters ‘washing’ products in 3rd countries to avoid Trump tariffs
Financial Times bringing this process more mainstream attention
Weekend - Trump said he won't remove Powell before his term ends in May 2026
Weekend - Trump said he won't remove Powell before his term ends in May 2026
Trump complained that Powell that “just doesn’t like me,”
Economic calendar in Asia Monday, May 5, 2025 - data due from Australia and Singapore
Economic calendar in Asia Monday, May 5, 2025 - data due from Australia and Singapore
Asian Economic Calendar: Key Events and Consensus Expectations for 05 May 2025
economic calendar
Monday morning open levels - indicative forex prices - 05 May 2025
Monday morning open levels - indicative forex prices - 05 May 2025
Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week.
;