Indonesia Foreign Reserves: $152.5 (April) vs previous $157.1

May 8, 2025

USD/CAD trades with negative bias above 1.3800 amid uptick in Oil prices, weaker USD

The USD/CAD pair fails to capitalize on the pervious day's modest recovery move from the vicinity of the year-to-date low and meets with a fresh supply during the Asian session on Thursday.

WTI rises above $58.00, trade uncertainty caps gains

West Texas Intermediate (WTI) crude Oil price recovers some ground during Thursday’s Asian session, trading around $58.10 per barrel after recent losses. The rebound is supported by a decline in US crude inventories.