The Euro (EUR) turns lower against the US Dollar (USD) on Friday, surrendering intraday gains as renewed demand for the Greenback keeps the pair on […]
Tag: weakens
USD/INR weakens as fresh tax reforms lift markets
The Indian Rupee drifts higher in Tuesday’s early European session. New tax measures rolled out by PM Modi’s government support the INR, but global […]
Alfred Weakens to Tropical Low, Sparing Any Major Damage
(Bloomberg) — Ex-Tropical Cyclone Alfred weakened to a tropical low and was still lingering off the coast of Brisbane on Saturday afternoon, sparing Australia’s third-biggest […]
USD/CAD weakens below 1.4350 as Trump delays Canada tariffs on autos
USD/CAD trades in negative territory near 1.4335 in Wednesday’s late American session. The White House said Trump will delay Canada, Mexico tariffs on autos for […]
EUR/USD weakens to near 1.0550 on ECB rate cut bets
EUR/USD loses traction to around 1.0550 in Monday’s Asian session. Markets see a potential December rate cut by the Fed. The ECB is anticipated to […]
AUD/USD weakens below 0.6750 as China’s stimulus update disappoints markets
The AUD/USD pair extends its decline to near 0.6740 during the Asian session on Wednesday. The stronger US Dollar (USD) and disappointment over additional China […]
Francine weakens after making landfall in southern Louisiana as Cat. 2 hurricane
Francine, which made landfall in southern Louisiana on Wednesday evening and has since been downgraded to a tropical storm, was located just northwest of New […]
EUR/USD weakens as US Dollar strengthens after upbeat US NFP report
EUR/USD declines from 1.0900 as upbeat US NFP report for May boosts US Dollar’s appeal. The US NFP report suggests that labor market conditions have tightened […]