Canadian Dollar lurches into new highs amid Greenback weakness
Canadian Dollar lurches into new highs amid Greenback weakness
The Canadian Dollar (CAD) lurched into fresh eight-month highs against the US Dollar (USD) on Thursday, pushing the USD/CAD pair to its lowest levels since last October and testing the 1.3600 region.
USDCAD
SEO
Inflation
InterestRate
EUR/GBP surges as ECB-BoE divergence takes focus
EUR/GBP surges as ECB-BoE divergence takes focus
The Euro (EUR) is extending gains against the British Pound (GBP) on Thursday as markets digest the release of United Kingdom (UK) economic data and comments from central bank speakers.
EURGBP
Crosses
Currencies
Forex Today: US sentiment gauges and trade should remain front and centre
Forex Today: US sentiment gauges and trade should remain front and centre
The US Dollar collapsed to more than three-year lows on the back of increased inflows into the safe-haven universe, while investors continued to gauge simmering geopolitical effervescence, trade uncertainty and prospects of a couple of rate cuts by the Fed this year.
DollarIndex
Fed
Currencies
EURUSD
Dow Jones Industrial Average rebounds after cooling PPI inflation figures
Dow Jones Industrial Average rebounds after cooling PPI inflation figures
The Dow Jones Industrial Average (DJIA) caught a bullish bid on Thursday, bolstered by better-than-expected Producer Price Index (PPI) inflation data for May.
DowJones
Equities
SEO
PPI
Inflation
USD/JPY clings to support as US-Japan trade talks come into focus
USD/JPY clings to support as US-Japan trade talks come into focus
The Japanese Yen (JPY) and the US Dollar (USD) share a complex relationship, with the interests of the two global powerhouses intertwined in the USD/JPY pair.
USDJPY
Japan
BOJ
Macroeconomics
Fed
US President Trump hints at Israeli strike on Iran, says it's “not imminent”
US President Trump hints at Israeli strike on Iran, says it's “not imminent”
During a press conference, US President Donald Trump revealed that Iran must negotiate tougher and added that he’d love to avoid a conflict with Tehran. He commented that an Israeli strike could happen, but added, “I don’t want to say Israeli strike is imminent.”
DollarIndex
UnitedStates
Politics
MiddleEast
RiskAversion
Trump: I would love to avoid a conflict with Iran
Trump: I would love to avoid a conflict with Iran
Geopolitical news on Iran is heating up
Trump: I don't like that oil prices have gone up
Trump: I don't like that oil prices have gone up
Well, he really won't like it if bombs start falling in Iran
GBP/USD hits 1.36 as soft US PPI, jobless claims fuel rate cut bets
GBP/USD hits 1.36 as soft US PPI, jobless claims fuel rate cut bets
GBP/USD extended its gains on Thursday following the release of another inflation report in the United States (US), which increased the odds that the Federal Reserve (Fed) could resume its easing cycle sooner than expected.
GBPUSD
Technical Analysis
Fundamental Analysis
Majors
Currencies
The Taiwan Dollar is moving erratically again: What's behind its appreciation?
The Taiwan Dollar is moving erratically again: What's behind its appreciation?
The volatility surrounding the New Taiwan Dollar (TWD) remains extremely high as investors assess trade-related news against the exposure of Taiwan’s life insurance companies’ to US Dollar(USD)-denominated assets.
Currencies
EmergingMarkets
Taiwan
US: From trade war to capital war – ABN AMRO
US: From trade war to capital war – ABN AMRO
The One Big Beautiful Bill contains many worrying aspects that further increase the debt level, without a strong economic impulse. Beyond the headline tax cuts, it also contains some proposals for various taxes, such as Section 899, that look an awful lot like capital controls.
UnitedStates
Politics
US Elections
Macroeconomics
Banks
WTI Crude Oil prices ease after failing to test $68.00
WTI Crude Oil prices ease after failing to test $68.00
West Texas Intermediary (WTI) is trading lower in the American session on Thursday, erasing a portion of gains from the prior session. 
WTI
Oil
Energy
Commodities
Trump signals a climb-down on immigration enforcement
Trump signals a climb-down on immigration enforcement
Trump indicates he doesn't want to deport illegal immigrant workers
Politics
USD/INR pares earlier gains after softer US PPI data for May
USD/INR pares earlier gains after softer US PPI data for May
The Indian Rupee (INR) recovers some of the initial losses against the US Dollar (USD) ahead of the American session on Thursday as markets digest the latest release of the US Producer Price Index (PPI) report for May.
Macroeconomics
USDINR
EmergingMarkets
India
Seven things that have the euro at the highest since 2021
Seven things that have the euro at the highest since 2021
Euro adds to impressive gains as US initial jobess claims continue to rise. Euro now up 135 pips on the day
Iran President: We will continue enrichment
Iran President: We will continue enrichment
Iran's President not backing down
Politics
US: Initial Jobless Claims rose to 248K last week
US: Initial Jobless Claims rose to 248K last week
US citizens filing new applications for unemployment insurance climbed to 248K for the week ending May 31, as reported by the US Department of Labor (DOL) on Thursday. This print came in above the initial estimates and matched the previous week's revised tally.
Employment
UnitedStates
EconomicIndicator
DollarIndex
US headline Producer Prices rose by 2.6% in May
US headline Producer Prices rose by 2.6% in May
The most recent statistics from the Bureau of Labour Statistics (BLS) show that Producer Prices increased by 2.6% in May compared to the previous year. The figure was in line with forecasts but a tad higher than April’s 2.4% growth.
UnitedStates
Inflation
EconomicIndicator
EURUSD
DollarIndex
US initial jobless claims 248K versus 240K estimate
US initial jobless claims 248K versus 240K estimate
Initial and continuing claims for the current week
ECB’s De Guindos: The euro area economy has proved fairly resilient
ECB’s De Guindos: The euro area economy has proved fairly resilient
The vice-president of the European Central Bank, Luis de Guindos, said that the bloc’s economy had proven resilient but faced a number of risks, such as tariffs, that could curb growth.
ECB
EURUSD
Currencies
CentralBanks
Initial jobless claims and PPI coming up next
Initial jobless claims and PPI coming up next
Eyes on the jobs and inflation data
economic calendar
ForexLive European FX news wrap: Dollar struggle continues, risk on the defensive
ForexLive European FX news wrap: Dollar struggle continues, risk on the defensive
Forex news from the European morning session on Jun 12, 2025
Session wrap
Wrap Europe
EUR pushes to fresh multi-year high – Scotiabank
EUR pushes to fresh multi-year high – Scotiabank
Euro (EUR) is strong and entering Thursday’s NA session with a 1.0% gain, propelled by the combination of trade-related sentiment and fundamentally-driven ECB headlines that have pushed it to levels last seen in November 2021, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EURUSD
Banks
Technical Analysis
CAD reaches fresh recovery high – Scotiabank
CAD reaches fresh recovery high – Scotiabank
The Canadian Dollar (CAD) is extending its recent gains and trading at fresh marginal highs, reaching levels last seen in early October, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USDCAD
Banks
Technical Analysis
BOC
Canada
USD weakens broadly as trade headlines compound CPI losses – Scotiabank
USD weakens broadly as trade headlines compound CPI losses – Scotiabank
The US Dollar (USD) is weak and losing ground against all of the G10 currencies while showing marginal gains vs. MXN, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Banks
DollarIndex
Technical Analysis
EUR/JPY bounces back strongly as ECB signals pause in current policy-easing cycle
EUR/JPY bounces back strongly as ECB signals pause in current policy-easing cycle
The EUR/JPY pair revisits the seven-month high near 166.60 during European trading hours on Thursday after recovering initial losses.
EURJPY
ECB
BOJ
InterestRate
DollarIndex
US Dollar Index (DXY) dives to fresh three-year lows below 98.00
US Dollar Index (DXY) dives to fresh three-year lows below 98.00
Risk aversion and hopes of Fed cuts are punishing the USD.Markets are growing sceptical about Trump's ability to cut significant trade deals.Recent Fed-ECB divergence is putting additional pressure on the US Dollar.,A mix of scepticism about US trade deals and hopes of further interest rate cuts by
DollarIndex
Fed
ECB
RiskAversion
Gold prices head toward $3,400 as Bullion bulls step in
Gold prices head toward $3,400 as Bullion bulls step in
Gold (XAU/USD) prices are attempting to retest the key psychological level of $3,400, as the US Dollar remains pressured on Thursday.
Gold
XAUUSD
Fed
Commodities
Inflation
USD/CHF accelerates its reversal to levels near 0.8100
USD/CHF accelerates its reversal to levels near 0.8100
The US Dollar is being hammered across the board, with the safe-haven CHF rallying on risk aversion.
USDCHF
Currencies
Majors
Levels