April JOLTS report shows US job openings surged to 7.618M, exceeding forecasts and bolstering Fed caution on rate cuts. The USD/CAD pair retreated toward 1.3830 on Tuesday, paring recent gains as the US Dollar paused its rally. Geopolitical tensions in the Middle East, inc
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The pair climbed to 0.7188 after holding above 100-hour and 200-hour moving averages, maintaining a short-term bullish bias. The AUDUSD rose to a North American session high of 0.7188 after finding support near its 100-hour and 200-hour moving averages at 0.7155. Buyers re
Services inflation accelerates in the Eurozone, reinforcing expectations for further ECB rate hikes this year. Eurozone headline inflation climbed to 3.2% in May, up from April, driven by persistent energy costs and rising services inflation. Core inflation surprised at 2.
Services inflation surged 0.5pp to 3.5%, driving core inflation above forecasts and reinforcing ECB rate hike expectations. Eurozone core inflation climbed to 2.5% in May, exceeding the 2.4% consensus, as headline inflation reached 3.2%. The increase was primarily driven b
GBP/USD rises to 1.3470 as traders react to reduced geopolitical risks following US-Iran de-escalation signals. The British Pound climbed 0.19% against the US Dollar on Tuesday, trading at 1.3470 after recovering from daily lows. The move followed signals of reduced tensio
Euro firms on stronger Eurozone inflation data The euro has held firm against the USD as traders weigh conflicting headlines surrounding US-Iran negotiations. The EUR/USD pair has been trading around 1.1639 after touching a daily high. Stronger Eurozone inf
Zodia Markets reports lira-pegged stablecoins surpassed euro and G10 currencies in client transactions last year despite lower volumes than dollar tokens. Stablecoins tied to the Turkish lira were the second-most used at Standard Chartered’s crypto arm Zodia Markets in 202
ING economists warn temporary pre-election factors mask underlying weakness, with consumption driving modest expansion. Hungary’s economy is projected to grow 1.5% in 2026, according to ING economists, as temporary pre-election factors fade and structural challenges persis
📉 Technology Takes a Hit The technology sector saw a mixed bag with notable declines. Microsoft (MSFT) fell by 3.62%, and Oracle (ORCL) dropped 3.26%, leading the losses in software infrastructure Conversely, Nvidia (NVDA) maintained positive momentum with a 1.82% g
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