Canadian Dollar gains after Canada's GDP growth tops forecasts USD/CAD trims its intraday gains on Tuesday as the Canadian Dollar (CAD) strengthens after the latest Canadian Gross Domestic Product (GDP) data surprised to the upside. At the time of writing, the pair trades
Strategists cite improved Canadian growth data as justification for a retracement in USD/CAD below 1.40 within two months. TD Securities strategists have adopted a more constructive outlook on the Canadian Dollar (CAD), targeting a move below 1.40 in USD/CAD over the next
Dubai and other Middle Eastern countries are bracing for an influx of cryptocurrency firms as new rules drive companies out of the European Union (EU). Crypto companies are reportedly heading for Dubai and the United Arab Emirates (U.A.E.) as the European Union's Markets i
The USDCHF climbed to its highest level since July 2025 last week, but the rally stalled and the pair has since rotated lower. On Friday, the decline pushed the price back below its 100-hour moving average, currently at 0.8098, turning that key technical level into resista
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Traders eye potential Bank of Japan action after the yen weakens past 162, its highest level since the 1980s. The Japanese yen fell to multi-decade lows against the dollar, with USD/JPY surpassing 162 for the first time since the 1980s. Rising import costs and inflation co
Inflation in Germany, France and Italy cooled more than expected this month, suggesting price pressures are beginning to soften amid falling energy costs due to easing tensions between the U.S. and Iran. In Germany, consumer price growth slowed to 2.4% on year from 2.7% in
The currency pair edges up 0.07% after softer German inflation data and Japanese authorities signal potential intervention. EUR/JPY traded modestly higher at 185.10, up 0.07% on Tuesday, as the Euro found support despite weaker-than-expected German inflation figures. The p
EUR/JPY trades modestly higher on Tuesday, hovering around 185.10 at the time of writing, up 0.07% on the day. The pair is supported by a resilient Euro (EUR) despite softer-than-expected German inflation data At the same time, the Japanese Yen (JPY) remains weighed
Societe Generale strategists note that USD/INR is trading in a tight range, with robust foreign portfolio inflows into Indian debt and supportive domestic factors offset by a hawkish Federal Reserve (Fed) stance. The pair remains constrained despite the improving backdrop
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