Forex Today: DXY falls after Middle East tensions ease, markets eye US NFP The US Dollar Index (DXY) slides near the 98.00 area, with limited losses supported by resilient United States (US) data but capped by improving risk sentiment after Axios reported that the US and Iran...<
The Canadian utility announces a quarterly dividend of CAD 0.07, unchanged from the prior period. TransAlta declared a quarterly dividend of CAD 0.07 per share, matching its previous payout. The decision reflects stable cash flow amid ongoing operations in power generation
April CPI jumps to 7.2% YoY, increasing pressure on PHP amid Middle East supply disruption fears. The Philippine peso faces heightened underperformance risk as inflation surged to 7.2% year-on-year in April, exceeding expectations. The spike raises concerns over the countr
April CPI surged to 7.2% year-on-year, increasing risks of currency underperformance amid Middle East supply concerns. The Philippine peso faces heightened downside risks after April inflation accelerated to 7.2% year-on-year, exceeding forecasts. The print underscores vul
Gold surges as Iran deal hopes crush the US Dollar, yields Gold (XAU/USD) price rallies nearly 3% on Wednesday amid growing speculation of an end to the Iran war, weighing on the Greenback and pushing US Treasury yields lower. At the time of writing, XAU/USD trades at $4,6
The GBPUSD moved higher yesterday, but upside momentum stalled near the lower end of a key swing area resistance zone between 1.3574 and 1.3602. The rally peaked at 1.3577 before sellers leaned against the resistance area and pushed the pair lower into the new trading day,
BNY data shows profit-taking in nine of fifteen high-yield currencies, signaling caution ahead of H2 market shifts. Investors are scaling back carry trades after a strong run, with BNY’s iFlow Carry index briefly turning negative. The move reflects growing profit-taking in
Speculation over government dollar purchases triggers the peso’s sharpest drop in two months, weighing on local assets. The Colombian peso fell 2.5% against the dollar, its steepest decline since mid-July, on unconfirmed reports that the government is buying USD to bolster
The yen surged briefly as traders suspected Tokyo intervened, while US-Iran deal optimism pressured the dollar. USD/JPY dropped sharply Wednesday on suspected intervention by Japanese authorities, hitting an intraday low near 156.42 before paring losses. The pair later reb
Japanese authorities likely intervened as USD/JPY hit intraday lows near 155.00 before recovering to 156.42. USD/JPY pared early losses to trade at 156.42 after dipping to an intraday low near 155.00, with traders suspecting Japanese authorities stepped in to support the y