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EUR/JPY climbs as Yen dips on trade hopes, Eurozone steadiness
EUR/JPY trades around 176.20 on Tuesday at the time of writing, advancing by 0.40% for the day as investors rotate out of defensive assets amid improving market sentiment. The…
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WTI Oil steadies at $57 as oversupply fears persist, Fed easing eyed
West Texas Intermediate (WTI) US Oil hovers around $57 on Tuesday at the time of writing, stable for the day. Crude Oil prices remain broadly under pressure amid ongoing concerns…
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Gold plunges from record highs amid stronger Dollar and improved risk sentiment
Gold (XAU/USD) drifts lower on Tuesday after retesting its record high near $4,380 on Monday. The pullback comes as the US Dollar (USD) extends its recovery gains and traders lock…
BoE governor warns ‘alarm bells’ ringing over private credit market
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Bank of England governor Andrew Bailey has said “alarm…
EUR/CAD falls as CAD gains on strong inflation, Oil recovery
EUR/CAD drops by 0.40% on Tuesday at the time of writing, trading around 1.6270, as the Canadian Dollar (CAD) appreciates following stronger-than-expected inflation data. According…
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EUR/USD drops, US Dollar rallies on hopes of a US-China trade deal
EUR/USD moves lower for the third consecutive day on Tuesday, trading at the 1.1615 area at the time of writing, after having peaked at 1.1728 on Friday. Hopes that the meeting…