The USD/CHF ended Friday’s session with gains of over 0.04%, but in the week fell over 1.37% to a one-month low of 0.8054. At the time of writing, the pair trades at 0.8104 due to increased demand for the Dollar amid risk aversion.
WTI crude oil is surging amid escalating geopolitical tensions, with Israel’s recent strikes on Iran fueling a rally that pushed prices above the $74.00 handle on Friday.
The Canadian Dollar (CAD) caught yet another bid on Friday, climbing into new eight-month highs as the US Dollar (USD) holds in place and Crude Oil prices surge.
EUR/USD ends four-day winning streak, prints losses on Friday as risk appetite takes a hit after Israel launched an attack on Iran, boosting the safe-haven appeal of the US Dollar (USD). At the time of writing, the pair trades around 1.1530, down 0.36%.
The Japanese Yen (JPY) is trading weaker against the US Dollar (USD) on Friday, as geopolitical tensions and central bank policy divergence drive market flows.
Gold price rallied for the third consecutive day after the Israel-Iran conflict erupted on Friday, triggering a risk-off mood in financial markets as fears that it could escalate loom. At the time of writing, XAU/USD trades at $3,422, up more than 1%.
The Canadian Dollar (CAD) is trading higher against the US Dollar (USD) in the American session on Friday, with the Loonie erasing gains from earlier sessions.
The Dow Jones Industrial Average (DJIA) fell on Friday, shedding over 1,000 points from the previous day’s close as investors pulled back following Israel’s unexpected wave of strikes on Iran. Consumer sentiment data rebounded more than expected, helping to ease Friday’s downside momentum.
GBP/USD is tumbling over 0.40% on Friday as geopolitical tensions triggered a flow towards the US Dollar (USD) haven status after Israel launched an attack on Iran, which escalated the Middle East conflict. The pair traded near 1.3550s after hitting a three-year peak of 1.3632.
When spreadsheets give way to sliding tackles, you know it’s time for FXCubic’s annual football tradition. Financial firms from around the world are gathered in Limassol for a football tournament t...
EBC Financial Group (EBC) has launched over 100 new US-listed exchange-traded fund (ETF) contracts for difference (CFDs). The addition expands the company’s existing product offering and provides c...
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