Live Updates

    7 May 2026
    EUR/USD steadies after 1.1800 retreat as weaker dollar and Iran deal hopes lift volatility

    EUR/USD rebounds in Asia as dollar softens; jobs data, Iran deal hopes and key upcoming US data.

    7 May 2026
    Australia trade balance swings to $1.84bn deficit as imports surge, weighing on Aussie dollar

    Australia’s March trade balance flipped to $1.84B deficit as exports fell and imports surged, pressuring AUD/USD.

    7 May 2026
    Australia’s March Trade Balance Swings to Deficit, Raising Pressure on Australian Dollar and Rate Outlook

    Australia’s March trade balance unexpectedly swung to a A$1.841B deficit, missing forecasts for a A$4.25B surplus.

    7 May 2026
    Australia Exports Slide in March, Raising Downside Risks for AUD and ASX Resource Stocks

    Australia’s exports fell 2.7% in March, reversing February’s 4.9% gain, signaling a month-on-month decline.

    7 May 2026
    Australia’s March imports jump 14.1%, fuelling bets on a more hawkish Reserve Bank stance

    Australia’s imports jumped 14.1% in March after a 3.2% decline in February, signaling a sharp rebound.

    7 May 2026
    Australia’s March Trade Surplus Miss Fuels AUD Downside Bets as RBA Cut Risks Rise

    Australia’s March trade surplus hit 1,841 million, missing forecasts of 4,250 million by 2,409 million.

    7 May 2026
    PBoC sets firmer yuan fixing as easing bets grow amid growth worries and dollar strength

    PBoC set Thursday’s USD/CNY fixing at 6.8487, stressing exchange-rate stability, growth support, and policy tools.

    7 May 2026
    Japan’s Mimura steps up yen watch as USD/JPY tests 160s, keeping intervention threat alive

    Japan’s top FX official Mimura will monitor yen moves, stays silent on intervention; BoJ policy shift.

    7 May 2026
    USD/JPY Holds Below 156 as Yen Intervention Risk and BoJ Outlook Offset Weak Dollar

    USD/JPY held near mid-156s as yen intervention fears, BoJ outlook, and US-Iran headlines pressured dollar.

    7 May 2026
    WTI dips below $93.50 as US-Iran deal hopes offset tightening inventories and Asian demand

    WTI slips near $93.25 as US-Iran deal hopes ease Hormuz fears; US inventories fall again, Goldman notes.

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