The US Dollar strengthened against major currencies on Wednesday, supported by stronger-than-expected economic data and continued uncertainty surrounding negotiations between the United States and Iran. Investors are now turning their attention to key labour market data due later this week, including weekly jobless claims and the closely watched Nonfarm Payrolls report for May. The Dollar’s
The Japanese yen continued its downward spiral today as the US dollar rally gained steam, overriding predictions that the BoJ will hike interest rates twice this year. The USD/JPY exchange rate jumped to 159.88, its highest point since April 30th. It has now nearly completed its recovery since the BoJ intervened in April. US to
Overview: Ethereum remains under pressure, with ETHUSD continuing to trade within the descending trend channel that has guided the market lower since the early-May pullback. The cryptocurrency has struggled to generate meaningful upside momentum in recent weeks, as repeated recovery attempts have been met with selling interest. The broader technical structure continues to favor the
France has maintained its position as Europe’s leading destination for foreign direct investment projects, according to the latest EY Europe Attractiveness Survey. The country attracted 852 new investment projects in 2025, far ahead of its closest rivals, even as the overall number of projects across Europe fell to the lowest level in 11 years, the
Overview: Bitcoin is extending its weekly decline, with losses approaching 5% over the past several trading sessions as bearish sentiment continues to weigh on the market. The cryptocurrency is currently trading close to its April lows around the 73,000 level, reflecting growing selling pressure after its recent rejection from monthly highs near 82,500. The inability
Bitcoin cryptocurrency can be expected to fall to the next support level 66000.00 (which reversed the price multiple times in March). Bitcoin broke round support level 70000.00 Likely to fall to support level 66000.00 Bitcoin cryptocurrency recently broke the support zone between the round support level 70000.00 (which stopped the previous minor correction ii at
The US Dollar traded slightly lower during the European session on Tuesday as investors awaited the release of the United States Job Openings and Labour Turnover Survey data for April, scheduled for publication at 14:00 GMT. At the time of writing, the US Dollar Index, which measures the Greenback against a basket of six major
Financial markets traded cautiously on Tuesday as investors assessed the latest developments in the Middle East and awaited key economic data releases from Europe and the United States. During the European session, market participants focused on the upcoming release of the preliminary May Harmonized Index of Consumer Prices data from Eurostat. The report is the