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Category: Forex Short News

Forex Short News
Forex Short News

US Q1 unit labor costs prelim +5.7% vs +5.1% expected

Posted onMay 8, 2025

Prior was +2.2% (revised to 2.0%) Productivity prelim -0.8% vs -0.7% expected Prior productivity +1.5% (revised to +1.7%) There is an inflationary impulse in these …

Forex Short News
Forex Short News

Russia and China intend to ramp up cooperation to decisively counter US containment

Posted onMay 8, 2025

Russia and China have released a joint statement: Intend to ramp up cooperation in order to decisively counter US efforts to contain them both Will …

Forex Short News
Forex Short News

Eyes on today’s US wholesale inventories report

Posted onMay 8, 2025

Most of the market’s focus will be on today’s initial jobless claims report at the bottom of the hour (along with Q1 productivity data) but …

Forex Short News
Forex Short News

ForexLive European FX news wrap: US-UK trade deal looms, BOE vote split raises eyebrows

Posted onMay 8, 2025

Headlines: BOE cuts bank rate by 25 bps to 4.25%, as expected BOE governor Bailey: Interest rates are not on auto-pilot BOE governor Bailey: Don’t …

Technical Analysis
Forex Short News, Technical Analysis

The BOE cuts by 25 basis points but it is a mixed decision. USDJPY higher. EURUSD lower.

Posted onMay 8, 2025

The Bank of England cut rates by 25 basis points, sending GBPUSD initially lower to the session’s low and briefly breaking below the recent support …

Forex Short News
Forex Short News

EU announces list of potential countermeasures against US tariffs if trade talks go south

Posted onMay 8, 2025

The EU is deeming this to be a part of a “mutually beneficial and balanced solution” as both sides are seeking negotiations on trade. The …

Forex Short News
Forex Short News

The EU is considering imposing tariffs on €95bn of US imports

Posted onMay 8, 2025

The EU is considering imposing tariffs on €95bn of US imports. Tariff proposal include meat, fish and agricultural products. Also chemicals, metal goods, wine and …

Forex Short News
Central Banks, Forex Short News

BOE governor Bailey: Don’t know what to expect from UK-US trade deal for now

Posted onMay 8, 2025

Important to not just look at the trade impact But important to also look at how financial markets have reacted to trade developments I feel …

Forex Short News
Central Banks, Forex Short News

BOE governor Bailey: Interest rates are not on auto-pilot

Posted onMay 8, 2025

Disinflation in domestic prices, wage pressures is continuing Expect gradual easing of inflation pressure Overall impact of tariffs on inflation is still uncertain Following developments …

Forex Short News
Forex Short News

Xi and Putin sign statement to deepen strategic partnership between Russia and China

Posted onMay 8, 2025

Xi: China, Russia should make greater contributions to safeguard international fairness and justice Should deepen political mutual trust, strengthen strategic coordination Should push bilateral relations …

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