Sentiment in global markets improved amidst a pause in Iran-Israel hostilities and a decline in crude oil prices.
The British pound strengthened against other major currencies in the European session on Tuesday, as investors expect the Bank of England to have a rate hike before the end of the year. Markets had anticipated—that the Bank of England (BoE) would decrease interest rates twice this year. According...
The British pound strengthened against other major currencies in the European session on Tuesday. The pound rose to nearly a 1-1/2-month high of 1.0669 against the Swiss franc, from an early low of 1.0640. Against the U.S. dollar and the yen, the pound advanced to 4-day highs of 1.3406 and 214.71...
The euro strengthened against most major currencies in the European session on Tuesday, amid expectations that the European Central Bank (ECB) would raise rates this week. Investors speculate that the ECB will tighten its monetary policy at Thursday's meeting. The slow Eurozone will discourage the...
The euro strengthened against most major currencies in the European session on Tuesday. The euro rose to 4-day highs of 1.1570 against the U.S. dollar and 185.29 against the yen, from early lows of 1.1527 and 184.61, respectively. Against the Swiss franc and the Australian dollar, the euro advanced...
The U.S. Dollar value ticked lower as investors weighed reports stating that Iran is preparing for a full-scale war with Israel amid reassurances from U.S. President Donald Trump that U.S.-Iran negotiations are proceeding well.
The U.S. Dollar rebounded against major currencies during the week ended June 5 amidst the persisting uncertainty surrounding the Middle East peace process as well as the strong jobs data from the U.S. that boosted bets of a Fed rate hike.
Worries about the flare-up in the Middle East as well as the fading hype surrounding artificial intelligence impacted market sentiment heavily at the onset of the new week.
The antipodean currencies such as the Australia and New Zealand dollars weakened against other major currencies in the Asian session on Monday, as Asian stock markets traded lower hurt by tumbling technology stocks which mirrored their peers on tech-heavy Nasdaq amid concerns about valuations. Additional...
The Japanese yen strengthened against other major currencies in the European session on Monday. The yen rose to near 1-month highs of 184.01 against the euro and 114.58 against the Canadian dollar, from early lows of 185.00 and 115.03, respectively. Against the pound and the Swiss franc, the yen...
The New Zealand dollar weakened against most major currencies in the Asian session on Monday. The NZ dollar fell to nearly a 3-week low of 92.73 against the yen, from Friday's closing value of 92.93. Against the U.S. dollar and the euro, the kiwi edged down to 0.5789 and 1.9899 from last week's...
The Australian dollar weakened against other major currencies in the Asian session on Monday. The Australian dollar fell to more than a 1-month low of 112.63 against the yen and nearly a 3-week low of 1.6377 against the euro, from last week's closing quotes of 112.97 and 1.6349, respectively. Against...
The U.S. dollar climbed against its major counterparts in the New York session on Friday. The greenback climbed to a fresh 5-week high of 160.34 against the yen, near 2-month highs of 1.1517 against the euro and 0.7968 against the franc. The greenback advanced to more than a 2-week high of 1.3330...
The U.S. Dollar value edged higher after robust nonfarm payrolls data release in the U.S. In addition, despite U.S. President Donald Trump confirming progress in U.S.-Iran talks, the delay in reopening of the Strait of Hormuz kept oil-related inflationary concerns alive.
A broadly mixed sentiment prevails in global markets amidst an uncertain geopolitical situation in the Middle East. Anxiety ahead of the payrolls data due from the U.S. on Friday morning as well as fading enthusiasm towards Artificial Intelligence weighed on market sentiment.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.