The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against a basket of six major currencies, has snapped its losing streak that began on April 6. It is currently trading near 98.20 during Thursday’s European session. The US Dollar is finding modest support as traders
Oil prices climbed during the Asian session after the US military announced a complete blockade of the Strait of Hormuz on Tuesday. The move tightened supply concerns and cast doubt over the next round of negotiations with Iran. As a result, US benchmark West Texas Intermediate (WTI) surged by around
Asian stock markets posted strong gains on Tuesday, supported by improving sentiment after comments from United States (US) President Donald Trump and Vice President JD Vance suggested that recent talks with Iran were not entirely unsuccessful. This boosted demand for risk-sensitive assets across the region. At the time of writing,
The EUR/CAD pair is trading close to the 1.6200 level during Monday’s Asian session, recovering slightly from earlier losses. Despite the minor rebound, the pair remains under pressure as the Euro continues to struggle in a risk-averse market environment. Investor sentiment has turned cautious after the latest round of US–Iran
The NZD/USD pair finds renewed buying interest after a mild pullback in the previous session, pushing higher for the fourth consecutive day on Thursday. During early European trading, the pair moves toward the 0.5835–0.5840 range, as buyers attempt to break above the important 200-day Simple Moving Average (SMA), despite mixed
The Pound Sterling continues to strengthen against the US Dollar, with GBP/USD marking its third straight day of gains and trading near the 1.3400 level during Wednesday’s Asian session. The pair is benefiting from a weaker US Dollar, as safe-haven demand declines following the announcement of a two-week ceasefire between