USD/CHF falls to 0.7766, its lowest level since March, as geopolitical easing reduces demand for the safe-haven Dollar. The Swiss Franc strengthened to a two-month high against the US Dollar on Thursday, with USD/CHF dropping to 0.7766. The move follows renewed optimism ov
The Swiss Franc (CHF) strengthens against the US Dollar (USD) on Thursday as renewed hopes for a possible US-Iran peace deal pressure the Greenback. At the time of writing, USD/CHF is trading around 0.7766, its lowest level since March 10
The issuance of 250 million $USDC tokens reflects growing demand for stablecoins amid expanding DeFi and institutional adoption. The USDC Treasury minted 250 million $USDC tokens, equivalent to 249.94 million USD, in a single transaction. The move underscores increased liq
Scotiabank strategists maintain a bearish outlook on USD/CAD as traders await key US/Iran developments and Canadian jobs data. The USD/CAD pair remains under pressure below the 1.3645 mark, according to Scotiabank strategists. The Canadian Dollar shows little movement as m
The USDCHF is pushing to fresh session lows in early North American trading and is now trading at its lowest level since March 11. The latest leg lower has taken the pair beneath the 61.8% retracement of the 2026 trading range at 0.7771, while also breaking below a key swi
GBP/USD: Election risks weigh on Pound – Societe Generale Societe Generale’s team highlights that GBP/USD has edged higher, helped by lower Oil prices, risk correlations and Asian FX intervention-driven US Dollar (USD) selling. However, they stress that UK local elections
The USDCAD is pushing higher in early North American trading after buyers successfully defended a key technical support zone during the European session correction. Earlier in the day, the pair slipped back below its 200-hour moving average at 1.3627 (green line on the cha
XAU/USD remains elevated as traders weigh potential US-Iran negotiations reducing safe-haven demand for USD. Gold (XAU/USD) held steady near two-week highs Thursday, supported by geopolitical developments as markets monitor progress toward a possible US-Iran peace agreemen
EUR: European data mixed as fiscal and construction risks loom – BNY BNY's Geoff Yu highlights that Euro area retail trade shows modest growth while Eurozone construction PMI signals a sharp contraction and rising cost pressures. German manufacturing orders and services tu
Mixed European data shows retail growth but declining construction activity and widening trade deficits in key economies. Euro area retail trade posted modest growth, offset by a sharp contraction in the Eurozone construction PMI and rising cost pressures. The data undersc