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Forex
USD/CHF soft as Dollar drifts lower as SNB rate cut bets build and FOMC looms
USD/CHF trades weaker in a quiet session as US Dollar sentiment deteriorates ahead of the FOMC and amid TWD-induced spillover pressure across Asian FX.US…
EUR/USD Price Analysis: Euro steadies near 1.1300 with bullish bias intact
EUR/USD trades around the 1.1300 zone after modest gains in Tuesday’s post-European session.Bullish structure holds, though short-term indicators point to…
EUR/JPY attracts bids below 162.00 as German Merz secures majority in second attempt
EUR/JPY bounces back from below 162.00 as German Friedrich Merz is confirmed as new Chancellor.German Merz failed to secure an absolute majority in the first…
Germany: Merz was elected Chancellor
German conservative leader Friedrich Merz was elected chancellor on Tuesday following an unprecedented second round of parliamentary voting, after his…
EU to target €100 billion of US goods with tariffs if talks fail – Bloomberg
Citing people familiar with the matter, Bloomberg reported on Tuesday that the European Union (EU) plans to target about €100 billion worth of United States…
Imperial Oil’s Q1 earnings beat, revenues miss estimates
Imperial Oil Limited (IMO - Free Report) reported first-quarter 2025 adjusted earnings per share of $1.75, which beat the Zacks Consensus Estimate of $1.52.…
US Dollar consolidates as markets digest the Taiwanese Dollar’s shockwave
The US Dollar Index edges slightly lower, although the daily range gets tighter. Traders are assessing the spillover risk from the Taiwan Dollar surge on…
AUD/USD retraces to near 0.6450 on slowdown in China’s PMI
AUD/USD corrects from 0.6500 as the Chinese private sector faces pressure due to higher tariffs imposed by the US.Both Caixin Manufacturing and Services PMI…
US oil industry set to slow – ING
The weakness in oil prices will prompt a pullback in drilling activity in the US, ING's commodity expert Warren Patterson notes. Producer hedging may protect…
EUR/USD: Any decline is likely limited to a test of 1.1280 – UOB Group
Euro (EUR) is under mild downward pressure against the US Dollar (USD) and is likely to edge lower; any decline is likely limited to a test of 1.1280. Current…