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  • U.S. Dollar Retreats Against Canadian Dollar June 13, 2026 06:28 ET

    The U.S. dollar retreated against the Canadian dollar in the New York session on Friday. The greenback retreated to 1.3959 against the loonie, from an early high of 1.3996. The currency is seen finding support around the 1.38 level.

  • U.S. Dollar Ticks Higher Amid Expectations On Reopening Of Strait Of Hormuz June 12, 2026 17:00 ET

    The U.S. Dollar value inched higher as investors received the announcements on U.S.-Iran peace deal by U.S. President Donald Trump with cautious optimism as Iran is yet to endorse Trump's message. In addition, traders assessed the increases in latest U.S. consumer price and purchase price numbers.

  • Canadian Dollar Falls As Crude Oil Prices Slump June 12, 2026 08:16 ET

    The Canadian dollar weakened against other major currencies in the European session on Friday, as crude oil prices slumped over 4 percent after U.S. President Donald Trump called off new military strikes on Iran and said a peace deal could be signed in a few days, helping ease fears of escalation. According...

  • Canadian Dollar Falls Against Majors June 12, 2026 07:52 ET

    The Canadian dollar weakened against other major currencies in the European session on Friday. The Canadian dollar fell to nearly a 2-month low of 1.6201 against the euro and a 4-day low of 0.9859 against the Australian dollar, from early highs of 1.6162 and 0.9821, respectively. Against the...

  • Market Sentiment Improves Emphatically June 12, 2026 06:51 ET

    Positive sentiment reverberates in global markets, boosted by optimism over a potential Middle East peace deal.

  • U.S. Dollar Inches Lower After Trump Announces An Imminent U.S.-Iran Deal June 11, 2026 16:59 ET

    The U.S. Dollar value edged lower as market sentiments received a boost and crude oil prices tumbled after U.S. President Donald Trump confirmed a deal with Iran soon and recalled his earlier planned hard strikes on the nation and taking over their Kharg Island.

  • Markets Eye U.S.-Iran Peace Deal Progress Despite Escalations June 11, 2026 07:32 ET

    Sentiment in global markets remains broadly positive as markets reacted to the escalation in hostilities between the U.S. and Iran, as well as the announcements by the U.S. of an end to its attacks on Iran.

  • Commodity Currencies Fall As Crude Oil Prices Drop June 11, 2026 07:25 ET

    The commodity-linked currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the European session on Thursday, as the crude oil prices dropped giving up earlier gains on hopes that U.S.-Iran peace negotiations could resume. Brent crude futures...

  • Canadian Dollar Drops Against Most Majors June 11, 2026 06:56 ET

    The Canadian dollar weakened against most major currencies in the European session on Thursday. The Canadian dollar fell to a 6-month low of 1.3981 against the U.S. dollar and a 2-day low of 1.6125 against the euro, from early highs of 1.3932 and 1.6087, respectively. Against the yen, the loonie...

  • NZ Dollar Slides Against Majors June 11, 2026 06:49 ET

    The New Zealand dollar weakened against other major currencies in the European session on Thursday. The NZ dollar fell to nearly a 1-1/2-month low of 1.9952 against the euro, from an early high of 1.9894. Against the U.S. dollar and the yen, the kiwi slid to 3-day lows of 0.5780 and 92.79 from...

  • Australian Dollar Falls Against Majors June 11, 2026 06:39 ET

    The Australian dollar weakened against other major currencies in the European session on Thursday. The Australian dollar fell to near 2-month lows of 0.6990 against the U.S. dollar and 1.6503 against the euro, from early highs of 0.7012 and 1.6473, respectively. Against the yen and the Canadian...

  • U.S. Dollar Ends Roughly Flat Amid Reescalation In The Middle East, US CPI Data Release June 10, 2026 17:00 ET

    The U.S. Dollar value ended nearly unchanged as U.S.-Iran exchange of attacks raise doubts on an early peace deal. Meanwhile, the U.S. Consumer Purchase Index for May rose to 4.20% on an annual basis indicating a persistent war-driven inflation.

  • Markets Worry About AI Hype, Middle East War, Rate Hikes June 10, 2026 07:12 ET

    Renewed fears about tech valuations, the fresh escalation in hostilities in the Middle East as well as anxiety ahead of the upcoming CPI data release from the U.S. weighed on global market sentiment.

  • U.S. Dollar Climbs Against Most Majors June 10, 2026 06:46 ET

    The U.S. dollar climbed against its most major counterparts in the New York session on Tuesday. The greenback climbed to more than a 2-month high of 0.7991 against the franc and a 1-1/2-month high of 160.44 against the yen. The greenback recovered to 1.1528 against the euro, from an early 4-day...

  • Australian Dollar Falls Amid Lower RBA Rate Hike Expectations June 10, 2026 04:03 ET

    The Australian dollar weakened against other major currencies in the Asian session on Wednesday, as the investor sentiment dampened after the Reserve Bank of Australia (RBA) is less likely to boost interest rates in June. Asian stock markets traded lower, as continuing uncertainty about the fragile...

Global Economics Weekly Update - Jun 08-12, 2026

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.