The Swiss Franc weakens against the USD as Middle East tensions and Fed rate expectations lift the Dollar before April CPI figures. USD/CHF climbed 0.46% to 0.7815 on Tuesday, driven by renewed demand for the US Dollar amid escalating geopolitical tensions in the Middle Ea
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ByteDance challenges its designation under EU Digital Markets Act, arguing it fails to meet all three gatekeeper criteria. TikTok has appealed its designation as a gatekeeper under the EU Digital Markets Act (DMA) at the EU Court of Justice, marking the first challenge of
XAG/USD declines for the first time in three sessions, erasing part of its 18.58% year-to-date gain. Silver prices fell 2.00% to $84.29 per troy ounce on Tuesday, retreating from Monday’s $86.01 close. The move pushed the Gold/Silver ratio to 55.80, up from 55.06 the prior
Washington signals support for Tokyo’s yen-buying intervention amid concerns over import cost inflation and currency weakness. The US and Japan have agreed that excessive currency volatility is undesirable, US Treasury Secretary Scott Bessent said. The remarks follow Japan
EUR/JPY Price Forecast: Steadies above 185.00, moving averages following ZEW Survey data EUR/JPY pares its daily losses, still remaining in the negative territory and trading around 185.10 during the European hours on Tuesday. The currency cross remains steady following th
British Pound declines on UK political uncertainty as Dollar gains amid Iran tensions GBP/USD falls to around 1.3530 on Tuesday at the time of writing, down 0.59% on the day, as renewed risk aversion supports the US Dollar (USD) against the British Pound
ING projects US April CPI at 0.9% MoM, above consensus, potentially fueling USD strength amid equity and geopolitical risks. ING strategists forecast a 0.9% month-over-month rise in US April Consumer Price Index, pushing year-over-year inflation to 4.0%. This exceeds the 0
GBP/USD falls to around 1.3530 on Tuesday at the time of writing, down 0.59% on the day, as renewed risk aversion supports the US Dollar (USD) against the British Pound (GBP). Market sentiment deteriorates following fresh geopolitical tensions in the Middle East Acc
EUR/JPY pares its daily losses, still remaining in the negative territory and trading around 185.10 during the European hours on Tuesday. The currency cross remains steady following the release of the German ZEW Survey data German ZEW Survey - Economic Sentiment une
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