EUR/USD Climbs Toward Weekly Highs as Geopolitics Weigh on US Dollar Strength
EUR/USD is pushing higher on Friday, trading near 1.1768 and hovering around its strongest levels in over a week. The move comes as the US…
Posts Tagged: S&P Global Manufacturing PMI
EUR/GBP Slips as BoE Rate Hike Bets Support Pound Despite Mixed UK Data
EUR/GBP edges lower to around 0.8725 during Wednesday’s session, down roughly 0.10% on the day, as the British Pound remains supported by expectations of tighter…
USD/CHF Extends Gains as Swiss Deflation Deepens, SNB Faces Rate-Cut Pressure
The US Dollar (USD) extended its upward momentum on Monday, climbing to fresh session highs above 0.8050 during early European trading and marking its fourth…
EUR/USD Extends Decline as Stronger Dollar and Hawkish Fed Weigh on Euro
The EUR/USD pair remains under sustained downward pressure, extending last week’s losses and briefly recovering toward the 1.1520 area after the release of the US…
USD/CAD Climbs as Weak Canadian Data and Falling Oil Prices Weigh on the Loonie
The Canadian Dollar (CAD) struggled against the US Dollar (USD) on Wednesday, with USD/CAD edging higher toward 1.3950 as the Greenback regained footing after an…
USD/CHF Retreats from Seven-Month High Amid Geopolitical Risks and Mixed Data
The USD/CHF pair trades around 0.9050 on Thursday during European hours, retreating from its seven-month high of 0.9080. The US Dollar Index (DXY) stabilizes near…
USD/CAD Softens to 1.3640 Amid Weaker US Services PMI, Falling US Yields
The USD/CAD pair traded on a softer note around 1.3640 during the early Asian session on Thursday, pressured by a weaker greenback following disappointing US…
EUR/USD Holds Below 1.0700 Ahead of Key Federal Reserve Meeting
The EUR/USD currency pair remained within its daily range below 1.0700 following upbeat US private sector employment data for April. With the Labour Day holiday…