GBP/USD Rises 0.50% Intraday to 1.3620

U.S. Advances Stablecoin Institutionalization to Maintain Dollar Dominance, Says Expert on May 7

According to News Tomato, on May 7, the U.S. is advancing stablecoin institutionalization to maintain Treasury bond demand and dollar dominance in future payment markets. As China reduces Treasury purchases amid U.S.-China tensions, stablecoin issuers serve as major buyers to sustain demand. The

UK 30-Year Gilt Yield Falls 7 Basis Points to 5.562% Today

UK 30-year government bond yields fell 7 basis points to 5.562% today (May 8).

NZD/USD Rises 0.50% to 0.5967 Intraday

NZD/USD intraday gains expanded to 0.50%, trading at 0.5967.

U.S. Dollar Index (DXY) Slides to 98, Down 0.27% Intraday

According to ChainCatcher citing Gate trading data, the U.S. Dollar Index (DXY) fell to 98 today, down 0.27% intraday.

Onshore CNY Falls to 6.8017 Against USD on May 8, Down 2 Points

Onshore yuan closed at 6.8017 against the U.S. dollar on May 8 at 16:30 CST, declining 2 points from the previous trading day.