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Jobs, Home Prices, Nike, Constellation, and More to Watch This Week
Jobs data dominate a week heavy on economic data, including updates on home prices, consumer confide...
China Eyes a Major Opportunity in Post-War Iran
Beijing is positioning itself to lead the post-war reconstruction effort in Tehran - a move analysts...
Canada enters a technical recession: Why the Canadian dollar now depends entirely on a weaker US Dollar
The Canadian Dollar (CAD) is facing notable headwinds following unexpected data showing that Canada’s economy has entered a technical recession.
Euro wavers amid mixed Eurozone data, rising geopolitical tensions
The Euro (EUR) holds marginal losses against the US Dollar (USD) on Monday, although the EUR/USD pair remains steady right below the top of the last two weeks' range, at the 1.1660 area.
Brent: Volatile swings on Iran headlines – Deutsche Bank
Deutsche Bank analysts highlight that Brent Oil has seen sharp moves as markets react to prospects for a US-Iran deal. Brent crude fell 19.3% in May, its biggest drop since March 2020, and declined 11 ...
Austria Unemployment Rate declined to 7.1% in May from previous 7.5%
Austria Unemployment Rate declined to 7.1% in May from previous 7.5%
British Pound sits near one-month top vs weaker JPY; below 215.00 amid intervention risks
The GBP/JPY cross attracts some follow-through buyers at the start of a new week and climbs to a one-month peak during the early European session. Spot prices, however, remain below the 215.00 psychol ...
Canadian Dollar weakens on risk-off mood, dovish BoC’s tone
USD/CAD extends its gains for the second successive day, trading around 1.3810 during the early European hours on Monday. The pair appreciates as the US Dollar (USD) holds ground on increased safe-hav ...
Spain HCOB Manufacturing PMI below forecasts (53.7) in May: Actual (51.2)
Spain HCOB Manufacturing PMI below forecasts (53.7) in May: Actual (51.2)
Australian Dollar softens below 0.7200 amid ongoing Middle East tensions
The AUD/USD pair loses momentum to around 0.7180 during the early European trading hours on Friday. Rising tensions in the Middle East weigh on the riskier assets such as the Australian Dollar (AUD) a ...
Euro holds losses against British Pound after Germany’s Retail Sales data
The EUR/GBP cross trades in negative territory near 0.8655 during the early European trading hours on Monday. The Euro (EUR) remains weak against the British Pound (GBP) following the upbeat German Re ...
German Retail Sales decline by 0.3% MoM in April vs. -0.4% expected
German Retail Sales, a key measure of consumer spending, declined again in April. The consumer spending measure fell 0.3% month-on-month (MoM), according to official data released by Destatis, while i ...
United Kingdom Nationwide Housing Prices s.a (MoM) registered at -0.6%, below expectations (-0.2%) in May
United Kingdom Nationwide Housing Prices s.a (MoM) registered at -0.6%, below expectations (-0.2%) in May
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
Gold prices fell in Saudi Arabia on Monday, according to data compiled by FXStreet.