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Moscow Refinery May Stay Offline Until 2027
The Moscow Oil Refinery is highly unlikely to resume production before 2027 after suffering extensiv...
JPMorgan raises S&P 500 target to 7,800, but warns of 'flash crash'
JPMorgan ups its S&P 500 price target for year-end, but warns of a possible 'flash crash' ahead....
Swiss Franc weakens as traders ramp up US rate hike bets, Vance canceled trip to talks with Iran
The USD/CHF pair advances to around 0.8075, the highest since December 10, 2025, during the early European session on Friday.
Indian Rupee rises on FCNR-B inflows, dollar selling by exporters
The Indian Rupee (INR) extends its gains for the second consecutive day against the US Dollar (USD) on Friday. The USD/INR pair maintained a downward bias as a shift in daily foreign flows offered fre ...
United States Dollar Index remains near 101.00 amid Fed hawkish outlook
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, remains flat after two days of gains and is trading around 100.83 during the Asian hours on Fri ...
Japanese Yen recovers from two-year low vs USD as BoJ hike bets offset Japan's softer CPI
The USD/JPY pair is seen extending the previous day's late pullback from the 161.80 region, or a fresh high since July 2024, and drifting lower during the Asian session on Friday.
Japan’s Katayama says ready to take strong action on speculative FX moves
Japan’s Finance Minister Satsuki Katayama said on Friday that the government is prepared to take decisive action against speculative activity in the foreign exchange market.
Euro drifts higher above 1.1450 as US, Iran sign initial agreement to end war
The EUR/USD pair recovers some lost ground near 1.1460, snapping the two-day losing streak during the early Asian session on Friday.
Japan’s National CPI rises 1.5% YoY in May, Core CPI climbs as expected
Japan’s National Consumer Price Index (CPI) rose by 1.5% YoY in May, compared to the previous reading of 1.4%, according to the latest data released by the Japan Statistics Bureau on Friday.
South Korea Producer Price Index Growth (YoY) increased to 8.5% in May from previous 6.9%
South Korea Producer Price Index Growth (YoY) increased to 8.5% in May from previous 6.9%
Forex Today: US Dollar touches one-year high, Pound slips on BoE hold
The US Dollar Index (DXY) firmed near 100.80 on Thursday, a level it hadn’t seen since May 2025, after the Federal Reserve (Fed) left interest rates unchanged in the 3.50%-3.75% range in Kevin Warsh’s ...
USD/CHF Price Forecast: Hits new YTD high, past 0.8050
The USD/CHF rallies to a new yearly high of 0.8059, surpassing March’s 31 previous peak of 2026 at 0.8042 as the Greenback stages a recovery due to hawkish Fed policy expectations, which drove the pai ...
British Pound slips as BoE holds rates, Fed’s cautious stance supports Greenback
The GBP/USD pair trades near a two-month close to the 1.3210 level on Thursday as the Pound Sterling (GBP) struggles to gain traction after the Bank of England (BoE) left interest rates unchanged at 3 ...
Dow Jones Industrial Average nurses its Warsh hangover
Wall Street's blue-chip index spent Thursday picking up the pieces of Wednesday's hawkish Federal Reserve (Fed) selloff, and not even a roaring chip trade could coax it back into the green.