The US dollar remained resilient against its peers in European trading on Tuesday, following Monday’s bearish movement. Although markets remain optimistic about a peace deal between Iran and the United States, escalating tensions
By Krzysztof Kamiński Inflation in the largest eurozone economies likely rose in May or remained at an elevated level, with data from France, Italy, Germany and Spain crucial in assessing whether the
The EURUSD pair struggles to capitalise on the previous day’s bounce from the 1.1585-1.1580 region, or its lowest level since April 7, and seesaws between tepid gains and minor losses during the
The EURUSD pair gathers strength around 1.1730 during the early European trading hours on Wednesday. The euro edged higher against the US dollar amid hopes for a US-Iran peace deal. Traders will
The DXY Dollar Index rose on Thursday and remains on a winning streak near 98.70, supported by stronger-than-expected US data and persistent geopolitical uncertainty, as conflicting headlines keep markets cautious. Weekly Initial
European stock markets continued to climb on Wednesday, with investors feeling more optimistic as oil prices dropped, due to easing supply concerns, according to MarketPulse analyst Zain Vawda. This in turn aided
The EURUSD pair holds on to Monday’s gains slightly above 1.1500 during the European trading session on Tuesday. The major currency pair trades firmly as the US dollar has come under pressure
Analysts at Japanese financial giant MUFG maintain a short euro-dollar stance, arguing that the European currency faces a larger negative terms-of-trade shock from higher crude oil and natural gas prices. Their scenario
A sharp decline seen in crude oil prices helped the market mood improve in the second half of the day on Monday and made it difficult for the US dollar to preserve
Markets met a surge in volatility early on Monday, with investors assessing the latest developments surrounding the Middle East crisis, allowing geopolitical headlines and the risk perception to continue to drive the
