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British Pound bounces off YTD low as Yen bulls pause for a breather; bearish bias remains

The GBP/JPY cross continues to lose ground for the second straight day – also marking the fourth day of a fall in the previous five – and drops to the 207.00 neighborhood, or a fresh year-to-date (YTD ...

Novartis drops 13% on trial failure, dragging Dyne and Sarepta

NZD/USD Price Forecast: Bears test support at 200-day SMA as risk appetite fades

The New Zealand Dollar extends losses against the US Dollar (USD) on Tuesday, weighed by the risk-off mood amid escalating tensions in the Middle East and rising Oil prices.

Dow Futures Slump as Middle East Fears Grip Markets

Stocks were on track to open lower on Tuesday as investors fretted about the disruption of oil shipments through the Strait of Hormuz. Dow Jones Industrial Average futures slumped 479 points, or 0.9% ...

Oil Prices Near $100 After Fresh Attacks on Saudi Energy Sites

Saudi Arabia has temporarily halted some operations at energy facilities in its southern region bordering Yemen, following attacks on energy sites on Tuesday morning local time, the official Saudi Pre ...

FX daily: Fight the Yen at your own risk

The yen’s hectic rally is relying on quite optimistic bets on tightening and GPIF changes, and was probably exacerbated by thin liquidity around the US holiday. We have our doubts that it can be susta ...

Oil near $100, Fed rate fears and Iran tensions - what’s moving markets

Investing.com - U.S. stock futures were mixed on Tuesday as investors returned from the Labor Day holiday to a fresh set of concerns, including rising oil prices, renewed inflation risks, higher bond ...

Why the Dow is being dragged down by a Swiss company’s bad news

Futures on the Dow were significantly worse than the S&P 500 because of a cardiovascular drug’s late-stage setback.

Euro recovers some early losses against Japanese Yen, ECB policy in focus

The Euro (EUR) claws back some of its early losses against the Japanese Yen (JPY) during the European trading session on Tuesday. At press time, EUR/JPY is down 0.3% to near 178.85 even after recoveri ...

Germany Faces Winter Gas Shortage Risk as Storage Lags

Germany is risking gas shortages this winter if it turns out to be colder than previous years, the country’s gas storage association has warned. With current gas storage levels at 54.52%, the industry ...

Swiss Franc steadies as Fed hike expectations offset safe-haven flows

The USD/CHF pair flatlines near 0.8090 during the early European trading hours on Tuesday. Traders brace for crucial US Producer Price Index (PPI) and Consumer Price Index (CPI) inflation data later t ...

France Trade Balance EUR came in at €-6.669B, below expectations (€-6B) in July