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Strait of Hormuz Traffic Sank To Just Six Vessels Monday
Vessel traffic at the Strait of Hormuz continues to decline as last week’s hopes of negotiations of ...
Euro stalls below 100-day SMA as investors brace for US CPI
The single currency registers minimal losses against the Greenback on Tuesday as traders and market ...
Armenia-Azerbaijan Peace Plan Stalls One Year After Washington Breakthrough
One year after the signing of a provisional peace deal in Washington, DC, American, Armenian, and Az...
US stocks head for strong monthly gain as oil sees monthly drop
"French and German CPI came in lower-than-expected but inflation across Europe remains well above the ECB's target ", says Axel Rudolph, Chief Technical Analyst at investing and trading platform IG.
Euro rises as US-Iran deal hopes sink USD, Oil
The EUR/USD edges up by 0.12% as the Greenback drops amid hostilities in the Middle East, while a US-Iran deal is pending approval by the White House and senior Iranian officials. At the time of writi ...
Canadian Dollar recovers as softer US Dollar offsets pressure from weak GDP data
USD/CAD reverses its intraday gains on Friday as a softer US Dollar (USD) helps the Canadian Dollar (CAD) recover from weakness driven by softer-than-expected Gross Domestic Product (GDP) figures.
Breaking: US President Trump says naval blockade will be lifted
In a post published on Truth Social on Friday, United States (US) President Donald Trump said that the naval blockade will be lifted and ships caught in the Strait of Hormuz may start the process of " ...
Colombia National Jobless Rate meets forecasts (8.8%) in April
Colombia National Jobless Rate meets forecasts (8.8%) in April
Australian Dollar climbs as improving US-Iran ceasefire hopes pressure US Dollar
The AUD/USD pair advances toward the 0.7180 region on Friday as the United States (US) Dollar (USD) remains under pressure amid improving market sentiment linked to renewed hopes for a longer-lasting ...
Stratospheric valuation expected for SpaceX IPO
As IPOs go you couldn’t get a more exciting one than the prospect of a company that sends rockets into orbit, and then is able to land the boosters back on the ground to be reused again.
"Progress on lowering inflation has stalled": Fed's Bowman takes aim at Iran war
Federal Reserve (Fed) Governor Michelle Bowman said progress on lowering inflation has stalled while discussing the economic outlook and monetary policy in a speech at a conference in Iceland on Frida ...
United States Chicago PMI above forecasts (50.5) in May: Actual (62.7)
United States Chicago PMI above forecasts (50.5) in May: Actual (62.7)
British Pound recovers against the Japanese Yen as Bailey strikes a hawkish tone
GBP/JPY trims part of its earlier intraday losses on Friday as the British Pound (GBP) draws support from hawkish remarks by Bank of England (BoE) Governor Andrew Bailey. At the time of writing, the c ...
“Inflation pressures are weighing on the economy”: Fed’s Paulson claims
Anna Paulson, President of the Federal Reserve (Fed) Bank of Philadelphia, said inflation is a drag on the United States (US) economy while discussing the economic outlook and regional trends at an ev ...
Pound Sterling Price News and Forecast: GBP edges lower towards 1.3400 as BoE Bailey buys time
The British Pound (GBP) drifts lower against the US Dollar (USD) on Friday, reaching session lows at 1.3408 so far, on track for a moderate weekly decline.