The GBP/USD pair witnessed a sharp rebound in Tuesday’s North American session, climbing back toward the 1.2800 handle after touching a monthly low of 1.2707 on Monday. The recovery aligns with renewed weakness in the US Dollar Index (DXY), which...
The narrowing of US/Canada spreads is providing some support for the Canadian Dollar (CAD), with the 2-year swap spreads reaching their tightest in four months. However, to drive more significant appreciation, the CAD would require more substantial...
The EUR/USD pair rebounded firmly during the Asian session on Tuesday, reclaiming upward momentum after a two-day pullback. Currently trading near the 1.0975 level, the pair benefits from renewed US Dollar (USD) weakness amid declining US Treasury...
The AUD/USD currency pair surged to approximately 0.6050 during European trading on Tuesday, driven primarily by a strong performance from the Australian Dollar (AUD), despite rising geopolitical tensions between the US and China. The escalation of...
The British Pound (GBP) is attempting a recovery against the US Dollar (USD), with GBP/USD edging 0.34% higher on Tuesday, trading near 1.2756. This upward move follows comments from US President Donald Trump and Treasury Secretary Scott Bessent,...
