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German Factory Orders climb by 5.0% MoM in March vs. 1.0% expected
Germany's Factory Orders jumped in March, suggesting that the country’s manufacturing sector activity continues to gain momentum, according to the official data published by the Federal Statistics Office on Thursday.
Fxstreet
Thu, May 7
US Dollar Index hovers around 98.00 as safe-have demand eases on US-Iran optimism
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining steady after posting nearly 0.5% losses in the previous day and trading around 98.00 during the Asian hours on Thursday.Fxstreet
Thu, May 7
Japan’s Mimura says will closely monitoring currency markets
Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange official, said on Thursday that he will closely monitor the foreign exchange (FX) markets. Mimura also declined to comment on FX intervention and specific currency levels.Fxstreet
Thu, May 7
Australian Dollar edges lower ahead of Trade Balance data
AUD/USD inches lower after two days of gains, trading around 0.7230 during the Asian hours on Thursday. However, the Australian Dollar (AUD) may gain ground against the US Dollar (USD) amid hopes that the US and Iran were moving closer to an agreement to end the war.Fxstreet
Thu, May 7
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