The New Zealand Dollar climbs to 10-day highs against the USD as a US-Iran peace deal weighs on the safe-haven Dollar ahead of the Fed decision. The NZD/USD pair extended gains to trade above 0.5850, reaching 10-day highs on Monday. The rally follows a US-Iran peace agreem
U.S. may impose 100% tariffs on French wine imports if France enforces its 3% digital tax on tech firms. President Donald Trump warned France that the U.S. will impose 100% tariffs on French wine and champagne imports unless France scraps its 3% digital tax targeting techn
LNG tanker heads to Strait of Hormuz after US-Iran deal A liquefied natural gas tanker is en route to the Strait of Hormuz following a preliminary agreement between the US and Iran. The deal includes a 60-day ceasefire period and negotiations on ending the war.
The Swiss Franc strengthens as the USD/CHF pair falls to 0.7930 following a US-Iran framework agreement. The USD/CHF pair declined to near 0.7930, its lowest level since June 5, during early European trading on Monday. The move follows the announcement of a framework deal
The Swiss Franc strengthens as traders react to a US-Iran framework agreement, pressuring the USD/CHF pair ahead of the Fed’s rate decision. The USD/CHF pair dropped to near 0.7930, its lowest level since June 5, in early European trading on Monday. The decline follows a U
Lagarde highlights disinflationary impact of Middle East tensions easing but warns of persistent second-round effects on services and wages. European Central Bank President Christine Lagarde welcomed the US-Iran peace deal as a potential source of inflation relief, citing
Oil futures fall over 4% to $79.50 as a US-Iran agreement reopens the Strait of Hormuz, a key global energy chokepoint. West Texas Intermediate crude futures slid more than 4% to near $79.50 in European trading Monday after the US and Iran finalized a deal to reopen the St
Key currency option expiries at 1.1600-1.1625 for EUR/USD and 160.00 for USD/JPY could limit volatility amid broader market drivers. EUR/USD option expiries at 1.1600 and 1.1625 levels may constrain price action today, though they lack technical significance. Broader dolla
Lagarde highlights emerging secondary inflation pressures, signaling continued scrutiny of services sector data. European Central Bank President Christine Lagarde indicated the bank has begun observing second-round inflation effects, suggesting persistent price pressures b
Wholesale prices fell 0.6% in May due to energy tax reduction The monthly decline in wholesale prices is attributed to the reduction in energy tax rate on petroleum products, which decreased by 7.3%. The wholesale price index rose 5.9% year-over-year, driven by a 3