The Brent crude rally is a bigger ‘bearish’ factor for EURUSD than the ECB. The Fed may spring a surprise as early as July. The US dollar paid no heed to the ECB’s hawkish rhetoric and continued its advance against major global currencies, including the euro. The European Central Bank left its deposit rate at…
Currency markets are heading into the weekend in a cautious mood, with traders reluctant to take large directional positions ahead of what could prove to be a defining 48 hours for global markets. Dollar is ending the week broadly firmer but has been unable to force a convincing breakout against Euro despite another rise in…
US business activity accelerated at the start of the third quarter, with S&P Global’s Flash Composite PMI Output Index rising from 51.9 to 53.6 in July, its highest level in eight months. The improvement was driven by the services sector, where the Business Activity Index climbed from 51.2 to 53.6, also an eight-month high. Manufacturing,…
Several megacap stocks fell on Thursday but hen showed signs of recovery in premarket trading on Friday as stocks climbed. Written by: Timothy St. John • Friday, July 24, 2026 • 2 min read • Last updated: Friday, July 24, 2026 Add an article to your Reading List Register now to be able to add…
This image is used for representational purposes only. | Photo Credit: Getty Images/istockphoto The rupee recovered 18 paise to close at 96.55 (provisional) against the U.S. dollar on Friday (July 24, 2026), amid likely intervention by the Reserve Bank of India (RBI). A combination of factors, including heightened tensions in West Asia, Foreign Institutional Investor…
Leading Retail FX and CFDs broker Deriv has announced that it has brought its Derived Indices to TradingView. For existing traders, it’s another way into the 24/7 markets; for TradingView’s users, it’s a first look at indices they can only trade with Deriv. The proposition is distinct from a conventional broker integration. Deriv is not simply…
Germany’s GfK Consumer Climate edged down from -29.3 to -29.6 for August, highlighting that household confidence remains deeply depressed despite modest improvement in some underlying indicators. The slight deterioration was driven by weaker income expectations and a renewed rise in precautionary saving, offsetting gains in willingness to buy and economic expectations. Income expectations fell from…
U.S. Treasury Secretary Scott Bessent arrives at Incheon International Airport, May 13, to meet President Lee Jae Myung before heading to China for the May 14-15 U.S.-China summit. Korea Times photo by Kang Ye-jin Korea’s renewed inclusion on the U.S. Treasury Department’s currency monitoring list is unlikely to have a significant impact on the local…
Key Highlights USD/JPY started a fresh increase above 163.20 and 163.50. A key bullish trend line is forming with support at 163.00 on the 4-hour chart. EUR/USD is struggling below the 1.1450 resistance zone. WTI Crude Oil prices rallied further above $92.00 and $92.50. USD/JPY Technical Analysis The US Dollar started a fresh increase from…
This currency pair has been rising in a fairly disorderly way since late June, after undergoing a period of sinking. The sinking was due to a strengthening US Dollar, which at one point broke out to a new 1-year high price. Yet most of the rise of the past few weeks has been due more…