The British pound strengthened against other major currencies in the European session on Friday. The pound rose to a 4-day high of 1.0677 against the Swiss franc, from an early low of 1.0625. Against the U.S. dollar and the yen, the pound advanced to 1.3241 and 215.53 from an early near 3-month...
The U.S. dollar climbed against its most major counterparts in the New York session on Thursday. The greenback climbed to near a 2-year high of 161.81 against the yen, 2-1/2-month high of 1.1451 against the euro and more than a 6-month high of 0.8062 against the franc. If the currency rises further,...
The U.S. Dollar value edges higher following the projections by the Federal Open Market Committee which indicated a higher interest regime for the rest of the year. Concerns over oil output restoration despite the resumption of shipping traffic across the Strait of Hormuz added support to the dollar.
The U.S. dollar strengthened against other major currencies in the late European session on Thursday. The U.S. dollar rose to nearly a 2-year high of 160.95 against the yen, from and early low of 160.48. Against the euro and the pound, the greenback advanced to nearly a 3-month high of 1.1455...
Sentiment in global markets remains mixed as an easing in geopolitical tensions attributed to the peace deal signed between the U.S. and Iran as well as renewed worries about interest rates going up, both impacted market sentiment.
The British pound weakened against other major currencies in the European session on Thursday, as traders await the Bank of England (BOE) monetary policy decision due later in the day. The BoE is set to announce its monetary policy decision later today. Markets anticipate the BoE to maintain its...
The British pound weakened against other major currencies in the European session on Thursday. The pound fell to nearly a 3-week low of 0.8684 against the euro, from an early high of 0.8649. Against the U.S. dollar and the yen, the pound slid to nearly a 2-1/2-month low of 1.3225 and a 1-month...
The U.S. dollar climbed against its major counterparts in the New York session on Wednesday. The greenback climbed to near a 2-year high of 160.79 against the yen, 2-1/2-month high of 1.1477 against the euro and more than a 2-month high of 1.3262 against the pound. The greenback advanced to more...
The U.S. Dollar value edged higher as energy experts warn of a delayed recovery in oil production and supply even if the upcoming U.S.-Iran peace deal holds. In addition, today's stronger-than-expected U.S. economic reports supported the dollar.
A sentiment of cautious optimism reverberates in global markets ahead of the first FOMC led by the new Fed Chair Kevin Warsh and the potential forward guidance on interest rates. The interim peace deal between the U.S. and Iran also swayed market sentiment.
The British pound weakened against other major currencies in the European session on Wednesday, following the release of U.K. consumer inflation data in May. Data from the Office for National Statistics showed that the U.K. consumer price inflation remained stable in May. Consumer prices registered...
The British pound weakened against other major currencies in the European session on Wednesday. The pound fell to nearly a 2-week low of 0.8656 against the euro and a 9-day low of 1.0614 against the Swiss franc, from an early high of 0.8645 and 1.0650, respectively. Against the yen and the U.S....
The U.S. Dollar value inched lower as investors weighed the decline in crude oil prices due to the upcoming U.S.-Iran preliminary peace deal amid tomorrow's interest rate announcement by the U.S. Federal Reserve.
Optimism surrounding the preliminary U.S.-Iran deal as well as uncertainty surrounding the actual terms of agreement swayed global market sentiment.
The U.S. dollar climbed against its most major counterparts in the New York session on Monday. The greenback recovered to 1.1583 against the euro and 1.3406 against the pound, from its early 10-day lows of 1.1622 and 1.3461, respectively. The greenback advanced to a 4-day high of 160.39 against...
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.