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.
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.
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...
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...
The Australian dollar weakened against other major currencies in the Asian session on Wednesday. The Australian dollar fell to nearly a 2-month low of 1.6473 against the euro and nearly a 3-week low of 0.9777 against the Canadian dollar, from yesterday's closing quotes of 1.6422 and 0.9801, respectively....
The U.S. Dollar value ticked lower after crude oil prices plunged following the reassurance from U.S. President Donald Trump that a U.S.-Iran deal could happen in a couple of days and that the Strait of Hormuz will reopen soon after the agreement is signed.
Sentiment in global markets improved amidst a pause in Iran-Israel hostilities and a decline in crude oil prices.
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 British pound strengthened against other major currencies in the European session on Tuesday. The pound rose to nearly a 1-1/2-month high of 1.0669 against the Swiss franc, from an early low of 1.0640. Against the U.S. dollar and the yen, the pound advanced to 4-day highs of 1.3406 and 214.71...
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 euro strengthened against most major currencies in the European session on Tuesday. The euro rose to 4-day highs of 1.1570 against the U.S. dollar and 185.29 against the yen, from early lows of 1.1527 and 184.61, respectively. Against the Swiss franc and the Australian dollar, the euro advanced...
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 U.S. Dollar rebounded against major currencies during the week ended June 5 amidst the persisting uncertainty surrounding the Middle East peace process as well as the strong jobs data from the U.S. that boosted bets of a Fed rate hike.
Worries about the flare-up in the Middle East as well as the fading hype surrounding artificial intelligence impacted market sentiment heavily at the onset of the new week.
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...
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.