The pair climbs for a seventh straight session, supported by technical momentum and strong USD demand against the CAD. USD/CAD rose to 1.4159, its highest level in 14 months, during European trading on Friday. The pair remains in an ascending channel, reinforcing a bullish
Markets price in 38 bps of Fed tightening by year-end after the central bank adopts a hawkish bias amid persistent inflation. The US dollar rallied sharply after the Federal Reserve’s latest dot plot signaled a potential rate hike this year, defying expectations for no cha
US Dollar strength drives EUR/USD to 1.144 amid partial retracement in Treasury yields and mixed jobless claims data. The Dollar Index rose 0.65% to 100.98, pushing EUR/USD down to 1.144. The move follows a partial rebound in US Treasuries after recent Federal Reserve-driv
US Treasury yields fell 3.4 bps, weighing on the dollar index and pressuring the euro amid mixed jobless claims data. The Dollar Index rose 0.65% to 100.98, pushing EUR/USD down to 1.144 as US Treasury yields partially reversed recent losses. The 10-year yield declined 3.4
Euro loses value against yen to 184.45 The euro has fallen in value against the yen, dropping to near 184.45. This decline is attributed to fears of potential currency intervention by Japan. The Japanese yen has gained strength against the euro during early
The partnership allows Bielik.io users to trade and custody digital assets under Poland’s new MiCAR regulatory regime. BitGo Europe has partnered with Bielik.io to provide digital asset trading and custody services compliant with Poland’s MiCAR framework. The collaboration
The British Pound shows limited gains against the US Dollar after UK retail sales rose 1.2%, exceeding forecasts. The British Pound remains subdued against the US Dollar, trading around 1.3190 in early European trading on Friday, despite UK retail sales data beating expect
UK retail sales rose 1.2% in May, beating forecasts, but higher-than-expected government borrowing capped GBP gains against EUR. The Euro trimmed losses against the British Pound on Friday, with EUR/GBP trading at 0.8670 after UK retail sales data exceeded expectations. Sa
May’s retail sales growth in the UK surpassed expectations, signaling stronger consumer spending amid economic uncertainty. UK retail sales increased 1.2% month-over-month in May, rebounding from a revised 1.0% decline in April. The data, released by the Office for Nationa
PIMCO Global Income Opportunities Fund declares CAD 0.0568 dividend PIMCO Global Income Opportunities Fund has declared a monthly dividend of CAD 0.0568 per share. The dividend is in line with the fund's previous declarations. The dividend is payable on Jul
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