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Forex Short News
Forex Short News

U.S. lawmaker targets Nvidia chip smuggling to China with new bill

Posted onMay 6, 2025

U.S. Representative Bill Foster, a Democrat from Illinois, once worked as a particle physicist. He plans to introduce legislation in coming weeks to verify the …

Forex Short News
Central Banks, Forex Short News

Taiwan dollar has dropped some of its gains today after Friday and Monday’s surge

Posted onMay 6, 2025

The Taiwan dollar weakened against the U.S. dollar after Central Bank Governor Yang Chin-Long sought to calm markets following a sharp two-day rally in the …

Forex Short News
Forex Short News

41% of Hong Kong’s container shipments to North America cancelled for the week of May 12

Posted onMay 6, 2025

Hong Kong’s shipping sector is reeling from the fallout of the intensifying U.S.-China trade war, with 41% of container capacity to North America’s west coast …

Cryptocurrency
Cryptocurrency

Coinbase slams the Federal Reserve in its new TV ad for Bitcoin

Posted onMay 6, 2025

Coinbase with the mic drop: Every day, the Fed prints an average of $465 million. That’s 26,000 shipping containers a year, created out of thin …

Forex Short News
Central Banks, Forex Short News

FOMC preview – “Fed confronts lose-lose scenario amid haphazard tariff rollout”

Posted onMay 6, 2025

Timiraos argues that the chaotic implementation of President Trump’s tariff policy is creating a difficult dilemma for the Federal Reserve: either risk a recession or …

Forex Short News
Forex Short News

Trump and Canadian Prime Minister Carney to meet at 11.45 am US Eastern time Tuesday

Posted onMay 6, 2025

Lutnick gave a preview earlier, not bullish: Lutnick says a trade deal with Canada is possible, but its ‘really complex’ This article was written by …

Forex Short News
Forex Short News

China Caixin Services PMI for April 2025 is 50.7 (expected 51.7)

Posted onMay 6, 2025

China Caixin Services PMI for April 2025: Services PMI 50.7, slowest since September 2024 expected 51.7, prior 51.9 Composite 51.1 prior 51.8 Commentary/analysis, summarised from …

Forex Short News
Forex Short News

China says 314 million domestic trips made during May holiday, +6.4% y/y

Posted onMay 6, 2025

China says 314 million domestic trips made during May holiday, +6.4% y/y domestic tourism spending up 8% year on year (credit card data.) A solid …

Forex Short News
Forex Short News

Australian March building permits -8.8% m/m (expected -0.6%)

Posted onMay 6, 2025

Australian March 2025 Building Permits -8.8% m/m expected -0.6%, prior -0.3% For the y/y +13.4% prior +25.7% Also out were data for Australian Household Spending …

Forex Short News
Forex Short News

USD/JPY back above 144.20

Posted onMay 6, 2025

The US dollar is broadly higher against Asian FX despite the People’s Bank of China setting USD/CNY at its strongest (for the CNY) since April …

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