EUR/USD advances for the second consecutive day, posting gains of over 0.70% and trades below the three-year high of 1.1631 hit earlier, as traders digest the latest Producer Price Index (PPI) report in the United States (US), alongside jobs data.
The Canadian Dollar (CAD) lurched into fresh eight-month highs against the US Dollar (USD) on Thursday, pushing the USD/CAD pair to its lowest levels since last October and testing the 1.3600 region.
The Euro (EUR) is extending gains against the British Pound (GBP) on Thursday as markets digest the release of United Kingdom (UK) economic data and comments from central bank speakers.
The US Dollar collapsed to more than three-year lows on the back of increased inflows into the safe-haven universe, while investors continued to gauge simmering geopolitical effervescence, trade uncertainty and prospects of a couple of rate cuts by the Fed this year.
A recent surge in fraudulent trading accounts has put U.S. futures brokers on high alert, with regulators reporting that scammers are using fake identities and documents to open accounts before exe...
The Dow Jones Industrial Average (DJIA) caught a bullish bid on Thursday, bolstered by better-than-expected Producer Price Index (PPI) inflation data for May.
Gold price rallies for the second straight day, shy of testing the $3,400 figure following the release of softer inflation and jobs data in the United States (US) as geopolitical tensions grow in the Middle East. The XAU/USD trades at $3,386 at the time of writing.
The Japanese Yen (JPY) and the US Dollar (USD) share a complex relationship, with the interests of the two global powerhouses intertwined in the USD/JPY pair.
During a press conference, US President Donald Trump revealed that Iran must negotiate tougher and added that he’d love to avoid a conflict with Tehran. He commented that an Israeli strike could happen, but added, “I don’t want to say Israeli strike is imminent.”
GBP/USD extended its gains on Thursday following the release of another inflation report in the United States (US), which increased the odds that the Federal Reserve (Fed) could resume its easing cycle sooner than expected.
The volatility surrounding the New Taiwan Dollar (TWD) remains extremely high as investors assess trade-related news against the exposure of Taiwan’s life insurance companies’ to US Dollar(USD)-denominated assets.
The One Big Beautiful Bill contains many worrying aspects that further increase the debt level, without a strong economic impulse. Beyond the headline tax cuts, it also contains some proposals for various taxes, such as Section 899, that look an awful lot like capital controls.
A new turn toward Bitcoin investment sent GameStop shares sliding on Thursday, as the company announced a $1.75 billion convertible notes offering that could fund further purchases of the cryptocur...
The Indian Rupee (INR) recovers some of the initial losses against the US Dollar (USD) ahead of the American session on Thursday as markets digest the latest release of the US Producer Price Index (PPI) report for May.
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