Trading news
8 May 2025

UK PM Starmer: You will hear more from me later today on US economic deal

UK Prime Minister (PM) Keir Starmer said on Thursday, “you will hear more from me later today on the US economic deal.”

“I will always act in national interest,” PM Starmer added.

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May 8, 2025

AUD/JPY rises toward 93.00, rebounds due to easing safe-haven demand

AUD/JPY snaps a three-day losing streak and trades around 92.90 during European hours on Thursday, buoyed by waning demand for safe-haven assets like the Japanese Yen (JPY).
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May 8, 2025

GBP/USD remains below 1.3335 – UOB Group

Provided Pound Sterling (GBP) remains below 1.3335 against US Dollar (USD), it could edge lower to 1.3265. In the longer run, the current price movements are part of a 1.3240/1.3450 range-trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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