Category forex

Euro Gains Against USD

Euro rises near 1.1655 on US-Iran ceasefire progress The Euro strengthens against the US Dollar after reports of a tentative US-Iran ceasefire agreement. The EUR/USD pair posts modest gains near 1.1655 during the early Asian session on Friday. The agreement

Japan Intervention Data Looms

Yen trades near 159.60 per dollar ahead of intervention data The yen is trading near 159.60 per dollar as markets await official intervention data. Japan spent up to ¥10 trillion to defend the currency in late April. The country's foreign currency reserves