The pair pulls back slightly from year-to-date highs as Fed rate hike bets and Middle East tensions support the USD. The US Dollar (USD) edges lower against the Canadian Dollar (CAD) on Tuesday, retreating from a near-yearly high of 1.3966. The pullback follows a steady ra
The Euro remains under pressure against the Pound near 0.8640 as traders weigh stronger German industrial data against broader EUR weakness. The EUR/GBP pair traded near 0.8640 in early European hours, extending losses despite a stronger-than-expected German industrial pro
German industrial production rose 0.4% in April, matching forecasts, but failed to lift the Euro against the Pound ahead of the ECB decision. The Euro held losses against the British Pound, trading near 0.8640 in early European hours, despite stronger-than-expected German
The euro fell to its lowest level against the dollar in two months as global bond yields exhibited sharp volatility. EUR/USD dipped to a two-month low near 1.1500 early this week before recovering slightly. The move coincided with sharp, V-shaped fluctuations in global bon
The Euro dipped to its lowest level against the Dollar in two months amid shifting global yields and mixed economic signals. EUR/USD fell to a two-month low near 1.1500 at the start of the week before recovering slightly, driven by a firm Dollar and volatile global yields.
EUR/USD and AUD/USD option expiries at 1.1570 and 0.7050 could limit upside as dollar sentiment and risk mood dominate. EUR/USD option expiries at 1.1570 and AUD/USD expiries at 0.7050 may act as near-term resistance levels, though neither aligns with key technical markers
May export growth exceeded forecasts, driven by semiconductor and automotive shipments, easing concerns over energy cost pressures. China’s exports rose 19.4% year-over-year in May, accelerating from April’s 14.1% gain and topping the 15.0% consensus estimate. The increase
A quick summary of events from the past day: Iran announces end to military operations against Israel However, Israel maintains that this does not mean the end of attacks against Hezbollah Iran continues to report "major obstacles" in agreeing to a deal Iran officials maintain...
The euro rises against the dollar as traders price in potential European Central Bank rate increases ahead of US inflation data. The EUR/USD pair advanced to 1.1545 in early European trading on Tuesday, supported by growing expectations of further European Central Bank rat
Traders anticipate a 25 basis point ECB rate increase on Thursday, the first in nearly three years, lifting the Euro against the USD. The EUR/USD pair rose to 1.1545 in early European trading Tuesday, driven by expectations of a European Central Bank rate hike. The ECB is
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