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A service for FOREX trading professionals · Thursday, May 8, 2025 · 810,752,509 Articles · 3+ Million Readers
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U.S. Dollar (USD) News Monitoring

  • Published on May 6, 2025

    Naira Declines Further Against the Dollar in Forex Market Slide

    The naira began the week on a downward trend, slipping further against the US dollar in both the official and parallel foreign exchange markets. According to figures from the Central Bank of Nigeria (CBN), the local currency declined to ₦1,605.62 per …

    Source: News Central TV - Indeterminate
  • Published on May 6, 2025

    Pakistan airspace goes quiet as global airlines bypass it, entrepreneur warns: 'Forex loss will be...'

    Pakistan's airspace is thinning out rapidly as not only Indian carriers but also global airlines reroute flights amid rising tensions with New Delhi — and with each passing day, Islamabad is bleeding valuable foreign exchange. Highlighting the economic …

    Source: Business Today - Indeterminate
  • Published on 09:47 GMT

    Pound Sterling Trades With Caution Ahead Of BoE Policy Decision

    Thursday, May 8, 2025 4:30 AM EDT The Pound Sterling is expected to face volatility against its peers as the BoE is set to announce the monetary policy at around 11:00 GMT. Investors expect the BoE to lower interest rates by 25 bps to 4.25%. US President …

    Source: myMotherLode - Pending
  • Published on 07:45 GMT

    Naira weakens to N1608/$

    The depreciation of the naira continued yesterday as the local currency weakened to close at N1608 to one dollar. On Tuesday, the currency lost N1 to close at N1606.64 to a dollar at the Nigerian foreign exchange market (NFEM). According to data from the …

    Source: Daily Trust - Pending
  • Published on 09:11 GMT

    Gold Prices Rise Amid Fed Rate Pause and Trade Uncertainty

    Gold Climbs Higher After Decline Gold (XAU/USD) fell by 1.95% on Wednesday after the Federal Reserve (Fed) kept the funds rate at 4.25–4.5% for a third consecutive meeting. Market sentiment turned cautious after US President Trump declared he wouldn’t …

    Source: Investing - Neutral
  • Published on 13:12 GMT

    120 Days in Office: Mahama’s second term records best Cedi performance across transitions since redenomination

    The Ghanaian cedi has recorded its strongest first 120-day performance against the US dollar under the current administration of President John Dramani Mahama, ranking top among all presidential transitions since the cedi was redenominated in 2007. A …

    Source: Joy FM - Pending
  • Published on May 6, 2025

    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 15:54 GMT

    Rupee posts biggest single-day loss in over 2 years. Here’s why

    The rupee witnessed its worst session in over two years on Thursday, coming under intense pressure due to escalating geopolitical tensions between India and Pakistan under the ongoing ‘Operation Sindoor’. The domestic currency took a sharp hit, closing 89 …

    Source: The Indian Express - Center-left
  • Published on 10:36 GMT

    Business | May 08, 2025 | 8 min read Gold tops Rs 1L-level on safe-haven buying rush

    News Business #New Delhi Gold prices surged Rs 1,000 to breach the crucial Rs 1 lakh per 10 gram-mark in the national capital on Wednesday as escalating tensions between India and Pakistan triggered a safe-haven buying rush. According to the All India …

    Source: Ahmedabad Mirror - Neutral
  • Published on May 6, 2025

    AUD/USD Retraces To Near 0.6450 On Slowdown In China’s PMI

    Tuesday, May 6, 2025 9:17 AM EDT  Image Source: Unsplash   AUD/USD corrects from 0.6500 as the Chinese private sector faces pressure due to higher tariffs imposed by the US. Both Caixin Manufacturing and Services PMI grew moderately in April. The Fed …

    Source: myMotherLode - Pending
  • Published on 10:22 GMT

    Ukraine may abandon dollar peg in favour of euro, Reuters says

    Euro and dollar banknotes. Stock photo: Getty Images The National Bank of Ukraine (NBU) is exploring the possibility of shifting away from the US dollar to pegging the hryvnia to the euro. Source: Reuters Details: Andrii Pyshnyi, Governor of the National …

    Source: Ukrainska Pravda - Neutral
  • Published on 06:45 GMT

    Stripe unleashes stablecoin accounts in 100+ countries

    Stripe, the global payments giant, has rolled out stablecoin accounts for users across more than 100 countries. With this new service, companies can hold, receive, and hold US-dollar stablecoin account balances, similar to how a traditional fiat bank …

    Source: Cryptopolitan - Indeterminate
  • Published on 06:57 GMT

    Malaysia’s ringgit leads Asian FX losses ahead of BNM rate decision

    The Malaysian ringgit led losses across muted Asian currencies on Thursday ahead of the central bank’s expected rate pause, while the greenback stabilised after the US Federal Reserve maintained its benchmark interest rate. The ringgit touched its lowest …

    Source: Business Recorder - Neutral
  • Published on 13:11 GMT

    Trade Deal With The US Fails To Buoy Sterling Ahead Of The Bank Of England Rate Cut

    Thursday, May 8, 2025 7:20 AM EDT Image Source: Pixabay   Overview: A couple of days away from the US-China talks, the two are sitting disputing who sought out the talks. Given the egos, the risk is that the talks are downgraded if not canceled. …

    Source: myMotherLode - Pending
  • Published on 13:13 GMT

    Ghana’s progress needs both NDC and NPP working together — K...

    Senior Vice President of IMANI Africa, Kofi Bentil, has underscored the importance of collaboration in Ghana’s governance and development. According to him, no single government can develop the country without drawing on the ideas and contributions of …

    Source: Modern Ghana - Neutral
  • Published on 16:21 GMT

    Bloodbath at PSX: KSE-100 closes nearly 6,500 points lower amid Pakistan-India escalation

    Selling pressure gripped the Pakistan Stock Exchange (PSX) on Thursday, with the benchmark KSE-100 Index shedding nearly 6,500 points amid rising tensions between Pakistan and India. The index saw some buying at the start of the session, hitting an intra- …

    Source: Business Recorder - Neutral
  • Published on 10:56 GMT

    Business : RHB Investment Bank Maintains OPR Forecast At 3.00 Pct For 2025

    KUALA LUMPUR, May 8 (Bernama) -- RHB Investment Bank Bhd (RHBIB) has maintained its base case forecast for the Overnight Policy Rate (OPR) at 3.00 per cent throughout 2025.  Ir said in a statement that it sees a balance of risk for a potential 25-basis …

    Source: Bernama - Pro-Government
  • Published on 13:04 GMT

    US’ Tapestry sees solid growth across regions, boosts FY25 revenue

    American fashion holding company has reported net sales of $1.58 billion, marking a 7 per cent year-over-year (YoY) increase, or 8 per cent growth on a constant currency basis in the third quarter (Q3) of fiscal 2025 (FY25) ended March 29, with a 150-basis …

    Source: Fibre 2 Fashion - Pending
  • Published on 09:25 GMT

    Zimbabwe ZWG yearly inflation hits 85%

    The Confederation of Zimbabwe Industries (CZI) has raised alarm over the country's ZWG inflationary trends, which it says are not aligning with current market interventions, suggesting that Zimbabwe is heading into difficult times unless combative …

    Source: Bulawayo 24 News - Neutral

04 days 11:34:48

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