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 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 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 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 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.
The Japanese yen weakened against most major currencies in the European session on Friday, traders are skeptical that the BoJ would raise interest rates in the policy meeting on June 16. Concerns persist over whether the Bank of Japan (BoJ) will raise interest rates during the June 16 policy meeting. Later...
The antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Friday, as traders remain cautious amid mixed signals from the U.S.-Iran peace talks after news of Lebanese armed group Hezbollah emphatically rejecting the terms...
The U.S. Dollar value traded unchanged as positive indications of de-escalation in the Middle East tensions surface after Israel-Lebanon truce announcement. Consequential fall in crude oil prices reduced inflationary pressures.
The euro strengthened against other major currencies in the European session on Thursday, as market sentiment improved following the announcement of a truce in Lebanon, despite the release of weak Eurozone retail sales report. Israel and Lebanon agreed to implement a ceasefire. Lower oil prices...
The Canadian dollar weakened against other major currencies in the European session on Thursday, as investor mood was negatively impacted by the escalation of international trade and the conflicts in the Middle East. New attacks in the Middle East stalled the signing of a U.S.-Iran peace agreement,...
The U.S. Dollar value edged higher after fresh attacks in the gulf renewed war concerns while private jobs data from the U.S. showed an increase of 122,000 in May, exceeding expectations.
The Japanese yen strengthened against other major currencies in the European session on Wednesday, after Japanese Prime Minister Sanae Takaichi issued a warning that the government might intervene in the foreign exchange market at any time. Although it is yet unclear whether the Bank of Japan (BoJ)...
The Swiss franc weakened against other major currencies in the Asian session on Wednesday, after Swiss National Bank (SNB) President Schlegel reiterated bank's readiness to intervene while preserving price stability. SNB President Schlegel's most recent remarks just restate the well-known message...
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday, as uncertainty about the situation in the Middle East and the opening of the Strait of Hormuz is keeping some traders on the sidelines. Meanwhile, optimism about the AI trade continues to generate positive...
The U.S. Dollar value changed a little amid expectations of a U.S.-Iran peace deal after U.S. President Donald Trump's reassured uninterrupted negotiations going on between both the nations, contrary to Iranian media reports. However, inflationary concerns due to continued closing of the Strait of Hormuz capped the gains.
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.