Forex Market

The EUR/JPY currency pair is holding steady as investors shift their focus to a crucial upcoming geopolitical event. On Friday, U.S. President Donald Trump announced that he will meet with Russian President Vladimir Putin in Alaska on August 15 to discuss a potential end to the ongoing conflict in Ukraine. …

The Canadian Dollar (CAD) is taking a step back against the US Dollar (USD) as markets grow cautious ahead of a crucial US inflation report. With a light economic calendar on the Canadian side, the Greenback is in the driver’s seat, fueled by market anticipation and a general move toward …

The U.S. dollar remained relatively unchanged on Monday as investors awaited crucial events set to shape market expectations in the coming days. With Tuesday’s deadline looming for Washington and Beijing to finalize a tariff deal, alongside a key U.S. inflation report, the currency remains in a holding pattern ahead of …

European stocks extended their gains on Monday, maintaining strong momentum from the previous week. Investors are buoyed by growing optimism over a potential peace agreement in Ukraine, while also shifting their focus towards upcoming U.S. inflation data and tariff negotiations set for later in the week. The pan-European STOXX 600 …

Gold prices saw a decline in Asian trade on Monday, as investors awaited key inflation data from the U.S. and sought clarity from the White House on upcoming tariff rulings affecting bullion bars. Gold Prices Dip Amid Market Uncertainty: Spot Gold: Spot gold fell 0.7%, reaching $3,376.24 an ounce. Gold …

US Donald Trump announced a bold move for the Federal Reserve, nominating Stephen Miran to temporarily fill a vacant governor seat, keeping options open for selecting Jerome Powell’s successor as Fed Chair in May 2026. Miran’s appointment, pending Senate confirmation, follows Adriana Kugler’s unexpected resignation on August 1, whose term …

The Euro (EUR) maintained strength against the U.S. Dollar (USD) on Friday, August 8, 2025, with the EUR/USD pair trading at 1.1648, down slightly by 0.14% but holding close to the weekly high near 1.1700. The pair’s resilience comes as the dollar faces a weekly loss of over 1.84%, driven …

The Swiss Franc (CHF) gained slightly against the U.S. Dollar (USD) on Friday, with the USD/CHF pair rising to 0.8082, up 0.00163 CHF (+0.20%) at 10:58 PM EEST. The pair remained confined to a narrow range, reflecting cautious market sentiment as traders assessed the impact of new U.S. tariffs on …

Gold prices held steady at $3,396.55 per troy ounce on Friday, August 8, 2025, showing a marginal gain of $0.07 (0.00%) in a cautious trading session at 8:45 PM EEST. After touching a two-week high of $3,409.43 earlier in the day, the precious metal struggled to break the key $3,400 …

The GBP/USD pair remained steady at 1.3437 during Friday’s North American trading session on August 8, 2025, as the U.S. dollar staged a modest recovery. The Bank of England’s (BoE) decision to cut interest rates by 25 basis points on Thursday, in a closely contested 5-4 vote, has fueled market …