The EUR/USD pair moved slightly higher on Tuesday, trading near the 1.1300 zone after the European session as buyers remained in control despite a lack of strong momentum.
The US 10-year Treasury yield trades subdued on Tuesday as market participants await the Federal Reserve’s last monetary policy meeting on May 7. Furthermore, investors are also eyeing the demand for the 10-year T-note auction at 13:00 ET.
Gold (XAU/USD) is rising sharply on Tuesday, supported by a convergence of geopolitical conflict, trade policy uncertainty, and investor defensiveness ahead of Wednesday’s Federal Reserve (Fed) interest rate decision and Chair Jerome Powell’s press conference.
USD remains offered across the board as investor flows shift sharply into Asia, following a record 6% two-day surge in the Taiwan dollar (TWD) and strong gains in the Korean won (KRW), Chinese yuan, and Thai baht (THB).
eToro appointed Yaki Razmovich as Managing Director for Singapore and the wider Asia region. Razmovich brings more than 20 years of experience in financial services, with a deep focus on Asia’s reg...
The Pound Sterling advanced for the second consecutive day, gaining over 0.65% against the US Dollar amid a scarce economic docket on both sides of the Atlantic. Major central banks like the Federal Reserve and the Bank of England (BoE) are preparing for their policy meetings.
Market indices bounce near key support levels, maintaining short-term bullish bias. Dip buyers active as 50-hour MAs hold as risk levels for S&P and Nasdaq.
The Swiss franc’s strong performance and soft inflation have raised expectations of SNB action, while the euro’s recent strength is now under scrutiny amid economic headwinds and speculation about future ECB cuts, Rabobank's FX analyst Jane Foley notes.
Just months after Argentex's near-collapse, its former chief executive, Harry Adams, is back in the industry. Adams has launched a new London-based FX firm, Tenora, aiming to overhaul the way bus...
German conservative leader Friedrich Merz was elected chancellor on Tuesday following an unprecedented second round of parliamentary voting, after his coalition with the centre-left Social Democrats suffered an unexpected defeat in the initial ballot.
United States (US) Treasury Secretary Scott Bessent said on Tuesday that they are actively negotiating with 17 trading partners, while clarifying that they have not engaged with China as of yet, per Reuters.
The EUR/GBP pair falls sharply to near 0.8460 during North American trading hours on Tuesday, the lowest level seen in a month. The pair slumps as the Pound Sterling (GBP) outperforms its peers in a risk-off market sentiment.
Citing people familiar with the matter, Bloomberg reported on Tuesday that the European Union (EU) plans to target about €100 billion worth of United States (US) imports with additional tariffs if they fail to reach a deal with the US.
Amid more friendly crypto regulations in the US, Crossover Markets, the crypto asset trading technology firm, is preparing to launch its services for the US clients for the first time, Bloomberg re...
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