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FXStreet

Swiss Franc holds losses as US Dollar recovers on Middle East tensions

The USD/CHF pair opened with a bullish gap but retreated slightly, trading near 0.8060 during Asian hours on Thursday. The Swiss Franc (CHF) maintained its losses as the US Dollar regained strength amid heightened geopol...

Investing.com

US military says it completed latest strikes on Iran, targets included Bandar Abbas

The U.S. military confirmed the completion of recent strikes against Iran, with targets including the strategic port city of Bandar Abbas. The operation, described as a response to ongoing regional tensions, involved pre...

FXStreet

Senior BoJ official: Delay in adjustment amid high inflation risk could trigger economic downturn

Senior Bank of Japan (BoJ) officials warned that delaying adjustments to monetary stimulus amid persistently high inflation risks could trigger an economic downturn. The statement highlights the central bank's growing co...

ActionForex

WTICrude Oil Meets a Tough Barrier—Can Bulls Hold on?

WTI Crude Oil has initiated a fresh rally above $76 and $78, with a critical bullish trend line forming on the 4-hour chart. Key technical levels, including support at $72.80, are under scrutiny as traders assess whether...

ActionForex

EUR/GBP and GBP/CHF Channel Breakouts as Burnham’s Cabinet Choice Signals Fiscal Discipline

The British pound (GBP) strengthened against the euro (EUR) and Swiss franc (CHF) as technical analysts noted breakouts in EUR/GBP and GBP/CHF currency pairs. This followed reports that incoming UK Prime Minister Andy Bu...

FXStreet

Silver Price Forecast: XAG/USD falls to near $57.00 amid Middle East tensions

Silver prices (XAG/USD) continued their decline for the second consecutive day, trading near $57.00 per troy ounce amid heightened US-Iran tensions. The white metal, a non-yielding asset, faces downward pressure as geopo...

FXStreet

United States Dollar Index struggles near 100.50, multi-week low amid fading Fed hike bets

The US Dollar Index (DXY) is trading near 100.50 during Asian hours, approaching a four-week low as market participants scale back expectations for aggressive Federal Reserve rate hikes. The index, which measures the dol...

Finance Magnates

International Sting Dismantles Cyprus-Based Crypto Fraud Hub Targeting Benelux Investors

Three suspects have been arrested in Cyprus for allegedly running a cryptocurrency fraud scheme targeting investors in Belgium and the Netherlands. The operation, coordinated with Europol, involved a call-center model us...

ActionForex

Fed Beige Book: Economy Expands as Price Growth Slows Across Districts

The Federal Reserve's latest Beige Book report indicates that the U.S. economy is expanding at a 'slight to moderate pace' across 11 of 12 districts, while inflationary pressures are easing. The report highlights a broad...

CoinTelegraph

Base’s social bet left it trailing in prediction markets and perps: Pollak

Jesse Pollak, the founder of Base, has stepped back from leading the Base App after acknowledging his 'definitive mistake' in betting on social experiences as a driver for crypto adoption. This admission highlights a str...

FXStreet

British Pound weakens below 1.3550 on renewed US strikes on Iran

The GBP/USD pair fell to 1.3530 during the Asian session as renewed US military strikes in Iran and the Strait of Hormuz escalated regional tensions. The British Pound weakened against the US Dollar due to heightened ene...

Investing.com

Oil prices rise for 4th day as US strikes on Iran raise fears of wider conflict

Oil prices climbed for the fourth consecutive day on Monday as U.S. military strikes against Iran heightened fears of a broader regional conflict. The U.S. launched precision strikes on Iranian military sites in Iraq in...

FXStreet

Singapore Dollar: Range trading persists with strong performance against US Dollar – Commerzbank

Commerzbank analyst Moses Lim notes that the USD/SGD pair declined 0.3% to 1.2910 amid broader USD weakness, with the currency consolidating within a 1.29–1.30 range since mid-June. The Singapore Dollar's resilience is a...

FXStreet

Chinese Yuan: Upside bias against US Dollar – UOB

United Overseas Bank analysts Quek Ser Leang and Lee Sue Ann noted a significant decline in the USD/CNH pair to 6.7691, shifting the short-term bias to the downside. They anticipate further weakening of the USD against t...

FXStreet

Gold drifts higher above $4,050 as US PPI unexpectedly fell in June

Gold prices climbed to $4,060 in early Asian trading on Thursday as the U.S. Producer Price Index (PPI) for June fell unexpectedly, signaling potential easing in inflationary pressures. The decline in PPI, which measures...

FXStreet

US military carries out another wave of strikes against Iran

The US Central Command (CENTCOM) reported launching fresh airstrikes against Iran to ensure the Strait of Hormuz remains open, according to the Guardian. The strikes follow previous military actions in the region and are...

Cointelegraph

Revolut receives in-principle approval from UAE authorities for crypto services

Dubai's Virtual Assets Regulatory Authority (VARA) has granted Revolut, a London-based fintech firm, in-principle approval to operate as a broker-dealer, asset manager, and exchange service provider for virtual assets in...

ActionForex

Eco Data 7/16/26

ActionForex has published its economic calendar for July 16, 2026, highlighting key global economic data releases. While the article serves as a placeholder, it typically includes major indicators like GDP, employment re...

FXStreet

Asia FX: Softer USD offset by high Oil – OCBC

OCBC analysts Sim Moh Siong and Christopher Wong anticipate improved momentum in Asian FX markets as weaker U.S. core CPI data dampens near-term Federal Reserve rate hike expectations, weakening the USD. The decline in i...

FXStreet

Mexican Peso surges as inflation data weighs on the USD

The Mexican Peso (MXN) gained 0.29% against the US Dollar (USD) as recent US inflation data reduced expectations of aggressive Federal Reserve rate hikes. The USD/MXN pair fell to 17.38 during the North American session,...