The pair holds near three-week highs after a 1.7% rally, driven by declining crude prices weakening the Canadian dollar. The US dollar remains flat against the Canadian dollar, trading above 1.3800 after climbing 1.7% over the past three sessions. The loonie’s weakness ste
The Euro rises to 0.8650 against the Pound after ECB policymakers hint at continued monetary tightening. The Euro climbed to 0.8650 against the British Pound in early European trading, supported by hawkish signals from European Central Bank officials. The move reflects mar
Hawkish ECB signals fuel expectations of a June rate hike, contrasting with scaled-back BoE tightening bets after UK inflation data softened. The EUR/GBP pair rose to near 0.8650 in early European trading, supported by hawkish comments from ECB policymakers. Francois Ville
April registrations hit 972,314 units, extending growth for a third month as electric and hybrid vehicle sales accelerate. European passenger car registrations increased 5.1% year-on-year in April to 972,314 units, marking the third straight month of growth. The rise was d
A dip in WTI crude prices to $90.80 supports the Indian rupee amid easing supply concerns from US-Iran negotiations. The Indian rupee strengthened slightly against the US dollar in early trading Wednesday, with the USD/INR pair dropping to near 95.70. The move follows a 1.
The pair consolidates above its 50-day EMA but struggles to breach the nine-day EMA at 0.7164. AUD/USD trades around 0.7160 in Asian hours, extending a two-day decline as momentum stalls near key moving averages. The pair remains within a rectangle pattern, reflecting inde
EUR/USD option expiry at 1.1650 level may limit price action The EUR/USD currency pair has an option expiry at the 1.1650 level, which could help keep a lid on price action. This expiry does not have any technical significance but may influence trading decisions.
Despite some escalation in military actions in the past day, markets are still holding out hope that we will see a US-Iran "deal" come forth this week. The US military conducted what it said was "self defense" strikes against Iran, with Tehran lambasting that as to saying
Hawkish ECB comments fuel expectations for a June interest rate increase, lifting the euro against a weakening US dollar. EUR/USD climbed to 1.1640 in Asian trading on Wednesday, reversing minor losses after ECB policymakers signaled a potential June rate hike. The pair ga
Euro trades between 1.16-1.1670 amid Iran peace deal talks The Euro is expected to trade within a narrow range of 1.16-1.1670. This range is due to ongoing peace deal talks with Iran, which are currently stalled on key issues. The Dollar Index remains strong above 9
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