The New Zealand Dollar falls to 0.5660 against the US Dollar amid Middle East risks and robust US economic data. NZD/USD declined for a sixth straight session, trading near 0.5660 in Asian hours as the US Dollar advanced. Geopolitical uncertainty, including mixed signals o
PBOC sets USD/CNY mid-point at 6.8195 The PBOC has set the USD/CNY mid-point at 6.8195. The yuan is allowed to fluctuate within a +/- 2% range around this reference rate. The set rate is higher than the estimated 6.7, and higher than the previously expected 6.7
The British Pound declines against the US Dollar amid robust US economic data and geopolitical uncertainty. GBP/USD dropped to around 1.3200 during Asian trading on Wednesday, extending losses for a second consecutive day. The decline follows a strengthening US Dollar, sup
The euro falls against the dollar amid rising bets on Federal Reserve rate increases and geopolitical tensions. The EUR/USD pair declined to 1.1380 in early Asian trading on Wednesday, extending losses as the US dollar strengthened. Investors priced in higher chances of Fe
Rising bets on a Fed rate increase lift the USD, pressuring the EUR as Middle East tensions add to risk aversion. The EUR/USD pair fell to 1.1380 in early Asian trading Wednesday, extending losses as markets price in a higher likelihood of a Fed rate hike. The CME FedWatch
PBOC to set daily USD/CNY rate at 6.7913 The People’s Bank of China sets the daily USD/CNY reference rate to guide market expectations. The current trading band permits the currency to move plus or minus 2% from the official midpoint during onshore trading hours.
Bitzero Holdings signs a binding 15-year lease for 110 megawatts of power, addressing AI infrastructure demand amid rising energy needs. Bitzero Holdings Inc. (NASDAQ:AIBZ) signed a 15-year binding lease with OneQode for 110 megawatts of power at its Namsskogan facility. T
The Australian Dollar fell sharply as investors sought safety in the US Dollar amid rising bets on higher US interest rates. The Australian Dollar dropped over 1.2% against the USD on Tuesday, trading at 0.6915 after retreating from daily highs. The decline followed a shif
Sterling recovered intraday despite June PMIs falling below forecasts, signaling contraction in services and manufacturing sectors. The British Pound briefly rebounded against the US Dollar on Tuesday, recovering from a dip below 1.3200 after June flash Purchasing Managers
Canadian Dollar falls as USD strength, Oil weakness bite The Loonie registers losses of 0.40% on Tuesday as the US Dollar refreshes year-to-date (YTD) highs, while falling Oil prices weighed on the CAD, with USD/CAD trading above 1.4200 for the first time since April
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