AUD/USD Advances Toward 0.6700 as US Dollar Weakens on Trade Tensions
The AUD/USD pair trades modestly higher near the 0.6700 level during the European session on Monday, gaining around 0.25% on the day. The Australian Dollar…
Posts Tagged: European Union
USD/JPY Drops for Third Day Amid Major US-Japan Trade Deal and Shifting Sentiment
The USD/JPY pair is on a three-day losing streak, trading slightly above 146.00 on Wednesday as traders reassess their positions in light of a new…
USD/CAD Slips for Third Straight Day as Trade Concerns Weigh on Dollar
The US Dollar (USD) extended its losing streak against the Canadian Dollar (CAD) for the third consecutive session on Tuesday, with USD/CAD falling toward 1.3670,…
Crude Oil Prices Seesaw As Investors Digest US Storage Data, Trade News
Crude oil futures seesawed in a tight trading range in the middle of the trading week as investors digest new US storage data and monitor…
EUR/GBP Holds Near 0.8390 as Traders Weigh Trade Hopes vs. BoE Policy Shift
The EUR/GBP pair trades steady around 0.8390 during early European hours on Tuesday, as investors adopt a cautious stance ahead of key Eurozone and German…
Frankfurt Selected For Hosting New EU Anti-Money Laundering Body
Frankfurt has emerged winner in the race to host the EU’s New Anti-Money Laundering Authority (AMLA), outperforming rivals from eight other towns including Paris, Madrid,…
Crude Oil Struggles for Direction Amid US Withdrawal, Iran-EU Deal Prospects
Crude oil futures are struggling for direction, despite a bullish storage report from the Energy Information Administration (EIA). Energy commodities are also in the red,…
Russian Ruble Strengthens on Strong Economic Data, Central Bank Rate Cut
The Russian ruble strengthened against the US dollar to start the trading week, despite a potential oil embargo from the European Union. Market analysts have…