Dow Jones futures fall 0.35% below 50,000 Dow Jones futures declined 0.35% to below 50,000 during European hours on Friday. The decline is attributed to profit taking after a robust Wall Street performance. The S&P 500 and Nasdaq 100 futures also fell, with
Hotter US inflation and resilient retail sales fuel Fed rate hike bets, lifting the pair to a key resistance zone. The USD/CHF pair climbed to a two-week high near 0.7865 in early European trading, extending its weekly uptrend for a fifth day. The move was driven by a stro
Rising US inflation data fuels bets of a 25 basis point Fed rate hike, weighing on the New Zealand Dollar against the USD. The NZD/USD pair fell to near 0.5850 in early European trading Friday, pressured by stronger-than-expected US inflation data. April’s Producer Price I
Sterling declines after a new contender enters the race to replace the UK prime minister, lifting 10-year Gilt yields above 5%. The British pound slumped as political uncertainty intensified following a new bid to replace the UK prime minister. The move triggered a reversa
Commerzbank warns UK political turmoil and unclear fiscal policies may drive EUR/GBP higher in coming weeks. Mounting political instability in the UK is weighing on the British Pound (GBP) as Prime Minister Keir Starmer faces growing pressure amid resignations and leadersh
Surging US inflation and resilient retail sales bolster expectations for prolonged Fed rate hikes, weighing on the euro. EUR/USD fell for a fifth straight session to around 1.1650 in Asian trading Friday, pressured by a stronger US dollar. Rising inflation tied to Middle E
The pair drops 0.3% to 1.1630, breaking below its 200-day moving average amid renewed US-Iran tensions and a muted Trump-Xi meeting. EUR/USD fell 0.3% to 1.1630, its lowest level in five weeks, as the dollar gained ground ahead of European trading. The decline accelerated
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The Canadian Dollar weakens as USD strengthens amid Fed rate hike expectations and geopolitical developments. The USD/CAD pair rose to 1.3755 in early European trading on Friday, extending its weekly gain to the largest in over two months. The move follows rising energy pr
Company confirms June completion for Northern Data acquisition and projects EUR 130M-150M revenue outlook for 2026. Rumble announced plans to finalize its acquisition of Northern Data in June, marking a key step toward expanding its cloud and AI infrastructure. The company
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