United States API Weekly Crude Oil Stock below forecasts (-2.5M) in May 2: Actual (-4.49M)

May 6, 2025

AUD/USD remains resilient amid Fed uncertainty and trade concerns

The AUD/USD pair remains resilient, despite a retreat from recent highs. The Australian Dollar (AUD) benefits from a weaker US Dollar (USD), as market participants focus on the Federal Reserve’s (Fed) anticipated policy meeting on Wednesday.

EUR/JPY Price Analysis: Euro drifts near 162.00 as bearish pressure starts to build

The EUR/JPY pair weakened slightly on Tuesday, hovering around the 162.00 mark after the European session, with price action holding mid-range between intraday highs and lows.