The U.S. Dollar value ticked higher as focus of investors shifts to the revised plan Iran is preparing to send to the U.S. in an effort to end the two-month-long gulf war after reports indicated that the U.S. rejected Iran's earlier proposal.
The stalemate in the Middle East and the spike in crude oil prices have dampened global market sentiment. Mixed earnings as well as anxiety ahead of central bank decisions also weighed on market mood.
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, after the Bank of Japan left its key interest rate unchanged and upgraded its inflation outlook citing higher global crude oil prices. The policy board voted 6-3 majority to hold the uncollateralized overnight...
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday. The yen rose to a 4-day high of 214.95 against the pound and a 1-week high of 158.96 against the U.S. dollar, from yesterday's closing quotes of 215.74 and 159.37, respectively. Against the euro and...
The U.S. dollar recovered against its major counterparts in the New York session on Monday. The greenback recovered to 1.1718 against the euro and 0.7860 against the franc, from its early 5-day lows of 1.1754 and 0.7831, respectively. The greenback recovered to 1.3530 against the pound and 159.46...
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.