The Canadian Dollar (CAD) is trading slightly higher against major currencies during Friday’s Asian session, recovering modestly after Thursday’s sharp decline. The USD/CAD pair has slipped to around 1.3735, attempting to pull back from recent highs, though it remains close to its two-week peak of 1.3748. The earlier weakness in
The EUR/USD pair moved slightly higher on Thursday, trading near 1.1470 during the early European session. The Euro showed mild strength against most major currencies as traders awaited the European Central Bank’s policy decision later in the day. The ECB is expected to keep interest rates unchanged. The deposit rate
Oil markets showed signs of stabilizing as price swings narrowed, even though crude continued to trade at elevated levels. According to analysts at Deutsche Bank, Brent crude remained above the $100 mark, but daily fluctuations have started to calm. Prices had recently been pushed higher due to geopolitical tensions and
West Texas Intermediate (WTI) crude oil, the U.S. benchmark, is trading near $60.80 in early Wednesday trading during the Asian session. The commodity remains under pressure as market participants weigh the impact of U.S. President Donald Trump’s latest tariff measures. On Monday, the Organization of the Petroleum Exporting Countries (OPEC)
The GBP/USD pair is extending its bullish run that began on April 8, currently hovering around the 1.3250 mark during Wednesday’s Asian trading hours. Earlier in the session, the pair briefly reached a new six-month high of 1.3256. The ongoing rally is supported by improving global risk appetite, particularly after
The Australian Dollar (AUD) continued its upward momentum for the sixth straight session on Wednesday, with the AUD/USD pair remaining resilient following the release of Australia’s Westpac Leading Index. The index, which forecasts economic growth over the next three to nine months, showed a slower pace—easing to 0.6% in March