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A service for FOREX trading professionals · Tuesday, May 6, 2025 · 810,067,187 Articles · 3+ Million Readers
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  • Published on 08:56 GMT

    Naira Slides By N3 Against Dollar As Foreign Exchange Inflows Dwindle

    The Nigerian naira depreciated by approximately N3 per U.S. dollar at the Nigerian Foreign Exchange Market (NFEM), closing at N1,605.62 on Monday, down from N1,602.18 on Friday, data published by the Central Bank of Nigeria (CBN) has shown. Conversely, the …

    Source: Biz Watch Nigeria - Indeterminate
  • Published on 14:45 GMT

    Forex Today: Asian Stocks Continue Rally

    Tuesday, May 6, 2025 8:40 AM EDT Image Source: Unsplash   Stock markets in Asia continue to rise, as they have been doing since early April. It has been another good day for Asian stock markets, which are outperforming global and US stock markets with …

    Source: myMotherLode - Pending
  • Published on 10:47 GMT

    Morning Bid: Asia FX rattles and Merz stumbles

    By Mike Dolan LONDON (Reuters) - A look at what matters in U.S. and global markets today from Mike Dolan, Editor-At-Large, Finance and Markets World markets are getting nervy again on the back of fresh salvos in Washington's trade war, a striking slide …

    Source: Yahoo Finance - Pending
  • Published on 18:06 GMT

    Indian rupee slips as Asia FX rally cools; correlation with yuan tightens

    MUMBAI: The Indian rupee edged lower on Tuesday as regional currencies took a breather following a drop in the offshore Chinese yuan, with traders citing routine dollar demand from oil companies and importers. The rupee was down 0.4% at 84.55 against the U …

    Source: Business Recorder - Neutral
  • Published on May 5, 2025

    GBP/USD Forex Signal Today 05/05: Forecast Ahead (Chart)

    (MENAFN- Daily Forex) Bullish view Buy the GBP/USD pair and set a take-profit at 1.3430. Add a stop-loss at 1.3150. Timeline: 1-2 days. Bearish view Sell the GBP/USD pair and set a take-profit at 1.3150. Add a stop-loss at 1.3430. The GBP/USD …

    Source: MENAFN - Indeterminate
  • Published on May 5, 2025

    BTC/USD Forex Signal Today 05/05: Path To 100K (Chart)

    (MENAFN- Daily Forex) Bullish view Buy the BTC/USD pair and set a take-profit at 100,000. Add a stop-loss at 92,000. Timeline: 1-2 days. Bearish view Sell the BTC/USD pair and set a take-profit at 92,000. Add a stop-loss at 100,000. The BTC/USD …

    Source: MENAFN - Indeterminate
  • Published on May 5, 2025

    FX Week Ahead: Euro steadies as US dollar weak on data

    Tariffs continue to create market volatility as industries across the globe await the results of United States-China trade talks that could come at any time. Encouragingly, late last week China announced - for the first time publicly - it was open to talks …

    Source: Azzet - Pending
  • Published on May 4, 2025

    Weekly Forex Forecast - Sunday, May 4

    Image Source: Pixabay Fundamental Analysis & Market Sentiment I previously wrote on Sunday, April 27, 2025 that the best trades for the week would likely be the following: Long of the EUR/USD currency pair following a daily (New York) close above $ …

    Source: myMotherLode - Pending
  • Published on 17:54 GMT

    US debt on ‘unsustainable’ path, admits Scott Bessent

    Stock markets, however, are well above their session lows after Treasury Secretary Scott Bessent said the administration could announce some trade agreements as early as this week. Mark Hackett, chief market strategist at US insurer Nationwide, said: “The …

    Source: Yahoo Finance - Pending
  • Published on 16:36 GMT

    Stocks drift lower on lack of trade progress, dollar slips again

    Global stocks drifted lower on Tuesday and the dollar dipped against major peers as concerns about tariffs and their impact on the economy lingered, while focus was turning to the Federal Reserve’s policy announcement on Wednesday. Investor attention has …

    Source: Hellenic Shipping News - Neutral
  • Published on 13:01 GMT

    Futures Slide On Latest Batch Of Disappointing Earnings

    US equity futures slumped for the second day, dragged down by earnings and a lack of positive news on trade negotiations. As of 8:00am, S&P 500 futures dropped 0.9% as risk is pared into tomorrow's Fed announcement and the index failed to breach …

    Source: Zero Hedge - Right-wing
  • Published on 18:54 GMT

    Author Edward Fishman Helps Us Understand the Current Trade War

    Edward Fishman is the author of Chokepoints: American Power in the Age of Economic Warfare. Fishman teaches at Columbia University's School of International and Public Affairs and has worked at the Pentagon and State Department. In this podcast, Motley …

    Source: myMotherLode - Pending
  • Published on 12:11 GMT

    Stocks turn lower on lack of trade progress, German politics

    LONDON: Global stocks dropped on Tuesday as concerns about tariffs and their impact on the economy lingered and as German conservative leader Friedrich Merz unexpectedly failed to secure the parliamentary votes required to become chancellor. Markets were …

    Source: Zawya - Indeterminate
  • Published on 10:47 GMT

    US dollar’s safe haven halo flickers amid Fed, fiscal and trade jitters - Reuters poll

    By Sarupya Ganguly BENGALURU (Reuters) - Concerns are mounting about the dollar's safe haven appeal, according to a majority of FX strategists surveyed by Reuters who forecast the global reserve currency will decline further over the coming year amid …

    Source: Yahoo Finance - Pending
  • Published on 20:04 GMT

    S&P 500 Faces Resistance at 5,700 as Traders Eye Fed Commentary

    Stocks drop as tariff uncertainty weighs The 2-day FOMC meeting begins Ford falls after suspending guidance Oil rebounds from a 4-year low Stocks Fall on Tariff Concerns as the FOMC Meeting Begins U.S. stocks opened lower on Tuesday after President Trump’s …

    Source: Investing - Neutral
  • Published on 20:04 GMT

    European Shares Hold Steady as Investors Await Policy Updates

    European shares barely moved on Tuesday as investors reviewed corporate earnings, watched for possible tariff changes, and waited for the U.S. Federal Reserve’s policy decision later this week. Market sentiment does appear to be holding steady, and this is …

    Source: Investing - Neutral
  • Published on 11:08 GMT

    Gold Touches Two-Week High As Safe-Haven Demand Persists

    Tuesday, May 6, 2025 5:45 AM EDT Gold extends gains, rising 3.8% in just two trading days.  Geopolitical risks from the Trump administration, Asian currency turmoil and Israel are spurring investors to head back into Gold. Upside risks persist on several …

    Source: myMotherLode - Pending
  • Published on 18:31 GMT

    Fed's likely to hold rates: These are 5 key ways it will affect your savings, loans and investments

    The Federal Reserve meets this week to decide on interest rates, but don't expect any dramatic changes. Economists widely anticipate that the central bank will keep rates steady as it navigates complex economic signals, including stubborn inflation and …

    Source: AOL - Pending
  • Published on 16:16 GMT

    STRATMOR's Tech Survey Results; Commercial Appraisal, Non-QM Investor, Compliance Tools

    STRATMOR's Tech Survey Results; Commercial Appraisal, Non-QM Investor, Compliance Tools This is the month of the MBA’s National Secondary in Manhattan. For some trivia, the nickname "The Big Apple" originated in the 1920s in reference to the …

    Source: Mortgage News Daily - Neutral

06 days 07:45:05

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