Swiss Franc pares losses near 0.7880 despite weak employment data and rising oil prices amid heightened Middle East tensions. The Swiss Franc trimmed earlier losses against the US Dollar, trading just below 0.7880 after failing to break 0.7900 in Asian trading. The pair re
Iran labels recent US military actions near a key oil chokepoint a ceasefire violation, but markets show no immediate USD reaction. Iran’s Foreign Ministry condemned US strikes near the Strait of Hormuz, a passage handling nearly 20% of global oil supply, calling them a co
Investors flock to the US Dollar amid geopolitical risks and await key US inflation data later today. The US Dollar (USD) rebounded on Wednesday, erasing earlier losses as escalating Middle East tensions drove safe-haven demand. The currency strengthened in the American se
Geopolitical risks from US strikes on Iran drive risk-off sentiment, weakening the euro against the dollar and lifting oil prices. The euro fell below 1.16 against the US dollar as risk sentiment deteriorated following fresh US military strikes on Iran. The move reflects b
Geopolitical tensions and rising oil prices drive risk-off sentiment, pushing the euro below 1.16 against the dollar ahead of key US inflation data. EUR/USD dropped below 1.16 as risk sentiment soured following fresh US strikes on Iran. Brent crude climbed from USD 94.25 t
First-quarter revenue rose 8.1% year-over-year while adjusted EBITDA margin narrowed to 3.6% from 14.6%. NTG Clarity Networks reported first-quarter GAAP earnings of C$0.02 per share on revenue of C$21.3 million, an 8.1% increase from the same period last year. Adju
ECB expected to raise deposit rate to 2.50% The European Central Bank has adopted a tightening bias, with plans to raise the deposit rate. Higher long-term inflation expectations support this move. The deposit rate is expected to be raised to 2.50% with hikes in
ABN AMRO analysts note the European Central Bank (ECB) Governing Council has adopted a tightening bias and is expected to raise the deposit rate to 2.50% with hikes in June and July. Higher long-term inflation expectations support this stance The bank then anticipat
Ether’s price decline contrasts with surging futures open interest, signaling heightened bearish sentiment and leveraged shorting activity. Ether (ETH) dropped below $2,000 for the first time since March, extending losses to nearly 8% over the past week amid rising risk av
The British Pound recovers against the Japanese Yen as geopolitical risks drive safe-haven flows and currency volatility. The British Pound (GBP) climbed to 213.80 against the Japanese Yen (JPY) on Thursday, recovering from earlier losses during the Asian session. The pair
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