Cooling US inflation data and tentative US-Iran ceasefire talks weigh on the USD, supporting GBP/USD near 1.3450. GBP/USD trades around 1.3450 in Asian hours, extending modest gains as demand for the USD as a safe haven declines. Reports of a potential 60-day ceasefire ext
Cooling US inflation data and tentative US-Iran ceasefire talks weigh on the USD, supporting GBP/USD near 1.3450. GBP/USD trades around 1.3450 in Asian hours, extending modest gains as demand for the USD as a safe haven declines. Reports of a potential 60-day ceasefire ext
ANZ survey shows sentiment recovering from April’s -10.6 but cost pressures and weak retail activity persist amid RBNZ rate hike signals. New Zealand business confidence rose 21 points to +10 in May, reversing April’s -10.6 reading, as activity expectations improved across
The currency pair remains unchanged amid US-Iran ceasefire progress and upcoming Canadian economic growth figures. The USD/CAD pair held steady at around 1.3785 in early Asian trading on Friday, reflecting cautious market sentiment. Investors are monitoring developments in
New Zealand’s central bank may raise rates sooner and more aggressively due to Middle East conflict-driven inflation and weaker growth. Reserve Bank of New Zealand Governor Anna Breman indicated the Official Cash Rate (OCR) will likely increase earlier and by a larger marg
New Zealand’s central bank may raise rates sooner and more aggressively due to Middle East conflict-driven inflation and weaker growth. Reserve Bank of New Zealand Governor Anna Breman indicated the Official Cash Rate (OCR) will likely increase earlier and by a larger marg
The People’s Bank of China sets the daily reference rate below market expectations, signaling potential yuan depreciation pressure. The People’s Bank of China set the USD/CNY reference rate at 6.8176, weaker than the estimated 6.7685. The central bank allows the yuan to tr
Crypto exchange OKX expands event contracts to include Solana and introduces ultra-short 5-minute trading intervals. OKX has introduced Solana (SOL) to its event contracts platform, allowing traders to bet on SOL volatility alongside existing BTC and ETH options. The expan
Crypto exchange Gemini integrates SpaceXAI’s Grok to enhance prediction market tools amid declining trading volumes and profits. Cryptocurrency exchange Gemini has rolled out AI-driven prediction market feeds powered by Grok, the model developed by SpaceXAI, a division of
Japan to release intervention data covering late April to May 27 Japanese Finance Minister Katayama warned of decisive action against yen volatility. The Ministry of Finance is scheduled to release intervention data at 1900 JST Friday. The intervention data relea
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