The Canadian Dollar recovers from two-month lows as USD softens on Middle East de-escalation and shifting Fed rate expectations. USD/CAD pares gains, trading near 1.3940 after hitting a two-month peak of 1.39613. The pullback follows a decline in safe-haven USD demand as I
Marks & Spencer has agreed a new franchise arrangement in the Philippines with PT Mitra Adiperkasa (MAP), with the first store due to open in Glorietta by the end of 2026. The agreement expands a relationship of more than two decades between M&S and the Indonesian lifestyl
The pair trades marginally lower but remains above 0.7965, reflecting sustained bullish momentum despite resistance at 0.8000. The US Dollar edges slightly lower against the Swiss Franc, trading near 0.7980 after failing to break above the 0.8000 level. Bulls remain in con
US equity futures show mixed moves with Dow Jones down 0.02% while S&P 500 and Nasdaq 100 edge higher in early trading. Dow Jones futures declined 0.02% to trade above 50,850 in European hours on Tuesday, reflecting cautious sentiment before the US market open. The modest
Analysts cite intraday stabilization but maintain a negative bias, expecting gradual downside with resistance at 0.7105. UOB analysts Quek Ser Leang and Lee Sue Ann project the Australian Dollar to weaken toward 0.7000 against the US Dollar over the next 1-3 weeks. The pai
ING expects USD support near 99.80 on DXY as traders await US CPI, PPI, and FOMC signals for policy clues. The US Dollar Index remains steady as markets brace for key US inflation data and Federal Reserve meetings. ING anticipates support near 99.80 before potential upside
The Euro extends gains against the Yen for a second day after German industrial production data supports the currency. EUR/JPY climbed to 184.90 during Asian trading on Tuesday, marking a second consecutive day of gains. The move follows stronger-than-expected German indus
German industrial production matched forecasts with a 0.4% monthly gain in April, while exports hit a near 3½-year high, supporting the Euro. EUR/JPY climbed to 184.90 in Asian trading, extending gains for a second day after German industrial production rose 0.4% month-on-
China’s record trade surplus and strong export growth lift the Australian Dollar amid easing Middle East tensions. The Australian Dollar (AUD) rose against the US Dollar (USD) on Tuesday, recovering from a near two-month low. The gain followed reports of a pause in Israel-
Traders reduce USD positions ahead of key US inflation data, with Fed rate hike odds rising to 43.2% for December. The US Dollar retreated to 99.85 in early European trading Tuesday, pulling back from a two-month high as geopolitical risks in the Middle East eased. Investo
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