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...
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday, as investors still remain cautious despite US President Donald Trump's announcement that a memorandum of understanding (MoU) has been reached to...
The Canadian dollar weakened against most major currencies in the Asian session on Tuesday. The Canadian dollar fell to a 5-day low of 1.4019 against the U.S. dollar, from yesterday's closing value of 1.3991. Against the yen and the euro, the loonie edged down to 114.30 and 1.6232 from Monday's...
The New Zealand dollar weakened against other major currencies in the Asian session on Thursday. The NZ dollar fell to a 1-1/2-month low of 1.9975 against the euro and an 8-day low of 1.2167 against the Australian dollar, from yesterday's closing quotes of 1.9894 and 1.2136, respectively. Against...
The Australian dollar weakened against other major currencies in the Asian session on Tuesday. The Australian dollar fell to 1.6437 against the euro and 112.88 against the yen, from yesterday's closing quotes of 1.6392 and 113.32, respectively. Against the U.S. and the Canadian dollars, the aussie...
The U.S. Dollar value ticked lower following the announcement by U.S. President Donald Trump on Sunday of a preliminary agreement between the U.S. and Iran to end their more-than-100-day conflict.
The Swiss franc strengthened against other major currencies in the European session on Monday. The Swiss franc rose to 10-day highs of 0.7922 against the U.S. dollar and 202.09 against the yen, from early highs of 0.7948 and 201.45, respectively. Against the pound, the franc advanced to a 6-day...
Global markets rallied as the U.S. and Iran agreed to a preliminary peace deal to end the fighting and to restore shipping through the Strait of Hormuz.
Better-than-expected core CPI data from the U.S as well as renewed hopes of a peace deal between the U.S. and Iran abetted the dollar's retreat during the week ended June 12.
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.