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6 May 2025

New Zealand GDT Price Index up to 4.6% from previous 1.6%

May 6, 2025

GBP/USD rises past 1.3350 as traders brace for Fed, BoE rate decisions

The Pound Sterling advanced for the second consecutive day, gaining over 0.65% against the US Dollar amid a scarce economic docket on both sides of the Atlantic. Major central banks like the Federal Reserve and the Bank of England (BoE) are preparing for their policy meetings.

Asian FX rallies as USD weakens on recession fears, tariff uncertainty

USD remains offered across the board as investor flows shift sharply into Asia, following a record 6% two-day surge in the Taiwan dollar (TWD) and strong gains in the Korean won (KRW), Chinese yuan, and Thai baht (THB).