By
Fxstreet
ECB’s Panetta: Protectionism threatens to weaken prosperity
European Central Bank (ECB) executive board member Fabio Panetta said on Monday that “protectionism threatens to weaken prosperity.”
ECB
TradeWar
CentralBanks
InterestRate
By
Forex Live
ECB's Panetta: Protectionism threatens to weaken prosperity
Remarks by ECB executive board member, Fabio Panetta
EUR
By
Fxstreet
Eurozone Sentix Investor Confidence Index recovers to -8.1 in May vs. -19.5 previous
The Eurozone Sentix Investor Confidence Index improved to -8.1 in May following April’s -19.5, the latest survey showed on Monday.
Sentiment
EURUSD
Eurozone
ConsumerConfidence
EconomicIndicator
By
Forex Live
PBoC Governor Pan: Global economic uncertainties are rising
Comments from the PBoC Governor Pan Gongsheng
CNH
By
Forex Live
Taiwan central bank plays down speculation after currency surge
The central bank says the US did not ask Taiwan to push up its currency
market overview
By
Fxstreet
USD/CAD Price Forecast: Holds position above 1.3800, barrier appears near nine-day EMA
The USD/CAD pair is remaining steady after registering gains in the previous session, trading around 1.3810 during the European hours on Monday.
Technical Analysis
USDCAD
Majors
By
Forex Live
Eurozone May Sentix investor confidence -8.1 vs -12.5 expected
Latest data released by Sentix - 5 May 2025
EUR
By
Forex Live
The S&P 500 erased the entire drop since April 2. Now what?
The S&P 500 index extended the gains last Friday following the positive NFP report erasing the selloff since "Liberation Day". What's next?
S&P Futures
By
Forex Live
A return to negative rates look to be a given now for the SNB
Swiss inflation looks to turn into deflation again
SNB
By
Forex Live
SNB total sight deposits w.e. 2 May CHF 454.1 bn vs CHF 451.1 bn prior
Latest data released by the SNB - 5 May 2025
CHF
By
Fxstreet
EUR/USD struggles to extend upside after surprisingly upbeat US ISM Services PMI
EUR/USD faces pressure near the intraday high of 1.1340 during the North American trading hours on Monday.
ECB
EURUSD
TradeWar
Fed
SEO
By
Fxstreet
US Dollar Index remains below 100.00 ahead of ISM Services PMI
The US Dollar Index (DXY), which measures the US Dollar (USD) against a basket of six major currencies, is attempting to recover after opening with a gap down. The DXY is trading near 99.80 at the time of writing.
Fed
UnitedStates
Majors
Macroeconomics
DollarIndex
By
Fxstreet
Forex Today: Eyes on US PMI data ahead of Fed's policy meeting
Here is what you need to know on Monday, May 5:
Currencies
Majors
EconomicIndicator
Commodities
Macroeconomics
By
Forex Live
Market Outlook for the week of May 5th - May 9th
Highlights of the week include the FOMC and BoE monetary policy announcements and Canadian labor market data
GBP
CAD
USD
By
Forex Live
European equities more mixed at the open today
A more tentative risk mood with US futures weighed down
Stocks
By
Fxstreet
EUR/INR: Indian Rupee cross rates mixed at the start of the European session
Indian Rupee (INR) crosses trade mixed at the start of Monday, according to FXStreet data. The Euro (EUR) to the Indian Rupee changes hands at 95.42, with the EUR/INR pair declining from its previous close at 95.50.
By
Fxstreet
EUR/JPY attracts some sellers to near 163.50 as safe-haven demand grows
The EUR/JPY cross extends the decline to around 163.50 during the early European session on Monday. The Japanese Yen (JPY) edges higher against the Euro (EUR) on the rising safe-haven demand amid the economic uncertainty. The Eurozone Sentix Investor Confidence is due later on Monday.
Crosses
EURJPY
Macroeconomics
By
Fxstreet
EUR/GBP appreciates to near 0.8550 due to strong Eurozone inflation, weak Pound outlook
EUR/GBP continues to climb for the fourth consecutive session, trading around 0.8530 during early European hours on Monday. The currency cross is gaining as the Euro (EUR) strengthens on the back of robust Eurozone inflation data, released on Friday.
Crosses
Eurozone
UnitedKingdom
EURGBP
Macroeconomics
By
Fxstreet
Palladium price today: Rare metals mixed at the start of the European session
Platinum Group Metals (PGMs) trade mixed at the beginning of Monday, according to FXStreet data.
Platinum
Palladium
By
Forex Live
Switzerland April CPI 0.0% vs +0.2% y/y expected
Latest data released by the Federal Statistics Office - 5 May 2025
CHF
By
Forex Live
What are the main events for today?
The US ISM Services PMI is the only highlight on the data front but the focus remains on the first trade deal announcement
market overview
By
Fxstreet
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Monday, early in the European session. WTI trades at $56.13 per barrel, down from Friday’s close at $58.16.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $61.35.
Oil
WTI
Commodities
By
Forex Live
Eurostoxx futures flat in early European trading
US futures are marked lower though
Stocks
By
Fxstreet
USD/CHF remains depressed amid broadly weaker USD; manages to hold above 0.8200 mark
The USD/CHF pair struggles to capitalize on Friday's upbeat US jobs data-inspired bounce from the 0.8200 neighborhood and attracts fresh sellers at the start of a new week.
Recession
Currencies
TradeWar
Fed
USDCHF
By
Forex Live
Oil struggle continues as OPEC+ moves to further boost production
WTI crude is down over 3% on the day with an opening gap lower
Oil
By
Fxstreet
FX option expiries for May 5 NY cut
FX option expiries for May 5 NY cut at 10:00 Eastern Time via DTCC can be found below.
Currencies
Options
NZDUSD
By
Fxstreet
GBP/USD Price Forecast: The bullish tone remains in play near 1.3300
The GBP/USD pair gains traction to around 1.3290 during the early European session on Monday. The US Dollar (USD) softens against the Pound Sterling (GBP) amid heightened economic uncertainty in the wake of US President Donald Trump's erratic trade policies.
By
Fxstreet
NZD/USD rises above 0.5950 due to softer US Dollar, US-China trade talks in focus
The NZD/USD pair continues to climb for the second straight session, trading near 0.5970 during Monday’s Asian hours. The Kiwi pair gains momentum as the US Dollar (USD) weakens, with traders closely monitoring developments in US-China trade relations.
Majors
NewZealand
NZDUSD
Macroeconomics
By
Fxstreet
EUR/USD Price Forecast: Moves back above mid-1.1300s, 200-period SMA on H4 holds the key
The EUR/USD pair attracts some dip-buyers at the start of a new week and climbs back closer to mid-1.1300s during the Asian session amid a broadly weaker US Dollar (USD).
Technical Analysis
Currencies
EURUSD
Majors
By
Fxstreet
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Monday, according to data compiled by FXStreet.
Gold
Metals
Commodities
India
By
Forex Live
Watchful eyes on "that Federal Reserve person" this week
Get ready for another Trump tirade when the Fed doesn't cut interest rates
Fed
By
Fxstreet
Gold price stands firm near daily top as geopolitical risks benefit safe-haven assets amid weaker USD
Gold price (XAU/USD) stands firm near the daily high through the first half of the European session and looks to build on its bounce from the $3,200 neighborhood, or over a two-week low touched last Thursday.
TradeWar
Fed
SEO
Gold
RiskAversion
By
Forex Live
ForexLive Asia-Pacific FX news wrap: Oil gap down, TWD 19 sigma (ie impossible) move up
Forex news for Asian trading on May 5, 2025
Session wrap
Wrap Asia
By
Fxstreet
Silver Price Forecast: XAG/USD steadies near $32.00 as safe-haven demand increases
Silver price (XAG/USD) is pausing its four-day decline, trading near $32.10 during the Asian session on Monday. The precious metal is regaining ground as ongoing uncertainty around US-China trade talks fuels safe-haven demand.
Silver
Metals
Commodities
Macroeconomics
XAGUSD
By
Forex Live
Goldman Sachs sees Chinese exports declining through 2025, 2026
GS says that some offset may come from trade re-routing through Southeast Asia
China
By
Forex Live
Barclays cut Brent crude price outlook, citing faster-than-expected output hikes by OPEC+
Sees Brent averaging $66 per barrel in 2025 (down $4) and $60 in 2026 (down $2).
By
Forex Live
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
By
Fxstreet
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
By
Fxstreet
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
Copy Link
Share on Facebook
Share on X
Share by Email