Current news is English only but we will be adding multilingual news - check back soon.
by
Fxstreet
GBP/USD Price Forecast: Hovers around 1.3300 as nine-day EMA caps upside
The GBP/USD pair attempts to maintain its position after registering gains in the previous session, trading around 1.3300 during the Asian trading hours on Tuesday.
Technical Analysis
Majors
GBPUSD
by
Forex Live
Gold keeps the push higher after another round of bids in Asia
The precious metal is up nearly 1% ahead of European trading now
Gold
by
Fxstreet
EUR/USD Price Forecast: Remains confined in a range around 1.1300 ahead of FOMC meeting
The EUR/USD pair reverses an Asian session tip to the 1.1280-1.1275 region on Tuesday and climbs a fresh daily high in the last hour, though it lacks strong follow-through buying.
EURUSD
Fed
Technical Analysis
Currencies
by
Fxstreet
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
Gold
Commodities
Metals
India
by
Forex Live
FX option expiries for 6 May 10am New York cut
A look at what is on the board for today
USD
by
Fxstreet
Japanese Yen advances to multi-day peak against USD as geopolitical risks boost safe-haven assets
The Japanese Yen (JPY) attracts fresh buyers following an intraday dip and turns higher against its American counterpart for the third successive day on Tuesday amid a combination of supporting factors.
TradeWar
Fed
BOJ
SEO
USDJPY
by
Fxstreet
Silver Price Forecast: XAG/USD breaks above $33.00 following Trump's new tariff threat
Silver price (XAG/USD) extends its gains for the second successive session, trading around $33.10 per troy ounce during the Asian hours on Tuesday. The prices of the precious metals, including Silver, rose as President Donald Trump's new tariff threat spurred demand for safe-haven assets.
Silver
XAGUSD
Macroeconomics
Commodities
Metals
by
Forex Live
Goldman Sachs expects USD/CNY to decline further
GS expect some trade talk optimism
CNY
CNH
by
Forex Live
ForexLive Asia-Pacific FX news wrap: Some give back for Asian currencies
Forex news for Asian trading on Tuesday, May 6, 2025
Session wrap
Wrap Asia
by
Fxstreet
NZD/USD remains vulnerable near 0.5950 due to weak Chinese PMI data
NZD/USD is retreating around 0.5960 during Tuesday’s Asian session after two consecutive days of gains. The pullback follows a decline in the New Zealand Dollar (NZD), pressured by disappointing Chinese economic data.
NZDUSD
Majors
Macroeconomics
RBA
by
Fxstreet
USD/INR remains stronger following HSBC PMI data
The Indian Rupee (INR) edges lower against the US Dollar (USD) during the Asian hours on Tuesday. However, the USD/INR pair may continue to encounter resistance as the INR gains support from certain market factors.
Asia
USDINR
India
Macroeconomics
SEO
by
Forex Live
U.S. lawmaker targets Nvidia chip smuggling to China with new bill
Trying to track chips
SPX
Nasdaq
by
Forex Live
Taiwan dollar has dropped some of its gains today after Friday and Monday's surge
Central Bank Governor Yang Chin-Long sought to calm markets
USD
by
Forex Live
41% of Hong Kong’s container shipments to North America cancelled for the week of May 12
Shipping getting crushed by tariff trade war
China
USD
by
Fxstreet
USD/CAD trades with mild positive bias, remains below mid-1.3800s
The USD/CAD pair edges higher for the second consecutive day on Tuesday, though it lacks strong follow-through buying and remains confined in a familiar range held over the past two weeks or so.
Currencies
TradeWar
Fed
USDCAD
InterestRate
by
Fxstreet
Gold price retains positive bias near two-week high; looks to Fed for fresh impetus
Gold price (XAU/USD) maintains its bid tone heading into the European session and currently trades just below a nearly two-week high touched earlier this Tuesday.
TradeWar
Fed
SEO
Gold
Commodities
by
Forex Live
FOMC preview - "Fed confronts lose-lose scenario amid haphazard tariff rollout"
Nick Timiraos in the Wall Street Journal - Fed "prepares for difficult judgments and emerging divisions regarding when to cut interest rates"
Fed
by
Forex Live
Trump and Canadian Prime Minister Carney to meet at 11.45 am US Eastern time Tuesday
Tuesday, May 6, 2025
CAD
by
Fxstreet
China’s Caixin Services PMI drops to 50.7 in April vs. 51.7 expected
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.
China
EconomicIndicator
AUDUSD
PMI
by
Forex Live
China Caixin Services PMI for April 2025 is 50.7 (expected 51.7)
China’s services sector activity
CNY
China Stock Market
China
CNH
by
Forex Live
China says 314 million domestic trips made during May holiday, +6.4% y/y
China Daily / CCTV both with the data
China
by
Fxstreet
WTI rises above $57.50, continues recovery despite concerns over rising global supply
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.
Oil
Majors
WTI
Commodities
Macroeconomics
by
Fxstreet
PBOC sets USD/CNY reference rate at 7.2008 vs. 7.2014 previous
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.
USDCNY
PBOC
CentralBanks
Currencies
by
Forex Live
PBOC sets USD/ CNY reference rate for today at 7.2008 (vs. estimate at 7.2518)
China is back from holidays today
CNY
China Stock Market
China
CNH
pboc
by
Forex Live
New Zealand data - April ANZ World Commodity Price Index 0% m/m (prior -0.4%)
The index tracks the prices of 17 of New Zealand's major commodity exports, including dairy products, meat, wool, forestry products, and seafood.
NZD
by
Fxstreet
AUD/USD trades around 0.6450 after pulling back from five-month highs
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.
AUDUSD
Majors
Macroeconomics
Australia
RBA
by
Forex Live
PBOC is expected to set the USD/CNY reference rate at 7.2518 – Reuters estimate
PBOC CNY reference rate setting for the trading session ahead.
CNY
China Stock Market
China
CNH
pboc
by
Fxstreet
EUR/USD grinds sideways as markets pivot to face Fed rate call
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.
EURUSD
Fed
InterestRate
by
Fxstreet
Mexican Peso slips ahead of Fed decision, inflation data in focus
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.
Mexico
SEO
USDMXN
Banxico
Fundamental Analysis
by
Forex Live
ICYMI - National Australia Bank (NAB) revised its year-end AUD/USD forecast higher to 0.70
NAB expects the Reserve Bank of Australia to cut rates by 50 basis points in May
RBA
AUD
by
Forex Live
Mentions of “recession” on S&P 500 earnings calls have surged to highest level since 2023
Spike in recession rhetoric
Bonds
SPX
USD
by
Forex Live
US equities - Retail investors pile in, but can retail alone ignite a bull market?
Institional interst sitting it out is a red flag for me
SPX
Nasdaq
by
Forex Live
ICYMI: Goldman Sachs reiterated its structural bullish gold view, sees as high as $4,000
Goldman Sachs' base case price for gold is $3,700 an ounce by year-end and $4,000 by mid-2026
Gold
Bullish
by
Fxstreet
GBP/USD settles ahead of central bank double header
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.
Fed
CentralBanks
BOE
GBPUSD
by
Fxstreet
AUD/NZD Price Analysis: Aussie drifts near 1.0800 as bullish structure faces mixed signals
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.
Copy Link
Share on Facebook
Share on X
Share by Email