The currency pair declines after the CAD strengthens on rising oil prices, reversing prior gains. EUR/CAD fell to around 1.6000 in European trading on Tuesday, retreating from recent gains. The decline follows support for the Canadian Dollar (CAD) driven by higher oil pric
EUR/CAD pares its recent gains from the previous day, trading around 1.6000 during the European hours on Tuesday. The currency cross depreciates as the commodity-linked Canadian Dollar (CAD) holds ground against the Euro (EUR) due to higher oil prices It is worth no
Fading semiconductor momentum and prolonged Middle East tensions may fuel further USD strength amid stalled US-Iran talks. The dollar may extend its rally this week as key headwinds fade and geopolitical risks persist. Recent underperformance linked to semiconductor stocks
Softer Chinese economic figures and RBA minutes signaling a June rate hold weigh on the Australian dollar. AUD/USD retreated as weaker Chinese retail sales, industrial production, and investment data pressured the Australian dollar. The figures raised concerns over China’s
Weak UK jobs data and political uncertainty keep sterling under pressure below key moving averages. GBP/USD remains below its 50- and 200-day simple moving averages at 1.3420, reflecting investor caution amid soft economic signals. The pair has struggled to break higher as
ING analysts expect the euro to weaken further against the dollar, citing excessive ECB tightening bets and limited G7 summit impact. EUR/USD is likely to retest 1.1600 rather than recover to 1.1700 in the near term, as excessive European Central Bank tightening expectatio
India’s rupee weakens to near all-time lows against the dollar amid surging crude prices and higher fuel costs. The Indian Rupee (INR) extended its decline against the US Dollar (USD) on Tuesday, trading near 96.43, close to Monday’s record high of 96.62. Elevated oil pric
Persistent Middle East tensions and Fed rate hike bets lift the USD, pressuring the JPY despite stronger-than-expected Japanese GDP growth. The USD/JPY pair extended its rally for a seventh straight session, climbing to a nearly three-week high above 159.00 in early Europe
Bank of England expected to hike rates by 70 basis points The Bank of England is being priced to hike around 70 basis points before year-end. The 10-year gilt is near 5.2%, its highest since the 2008 financial crisis. The 30-year sits at levels last seen in 1998,
Rising US Treasury yields and Fed rate hike speculation drive USD gains, overshadowing BoJ intervention efforts amid weak yen fundamentals. The US dollar extended gains against the yen as Treasury yields hit March highs, fueled by inflation concerns and shifting Fed policy
ادخل بحساب جوجل لمشاركة رأيك والتفاعل مع الأخبار — بلا كلمة مرور.
إيميلك يبقى موثّقاً وخصوصيتك محفوظة.