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Digital display showing US Dollar Index chart trading in a sideways range
Forex News

US Dollar Index Stays in Range as Markets Eye Inflation Data: ING

The US Dollar Index (DXY) is holding within a defined trading range as investors shift their focus to upcoming inflation data, according to

  • by Jayshree
  • 2026-05-11
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Bank of Canada headquarters building in Ottawa on an overcast day
Forex News

Bank of Canada Expected to Hold Steady on Rates Despite Oil Shock, Says TD Securities

Despite a recent surge in oil prices that has injected fresh uncertainty into Canada’s economic outlook, analysts at TD Securities suggest the Bank

  • by Jayshree
  • 2026-05-11
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Forex trading screens in Tokyo showing volatile USD/JPY chart near the 150 intervention level
Forex News

Japanese Yen Trades Choppily Against US Dollar Near Key Intervention Line, OCBC Warns

The Japanese yen is trading in a choppy and uncertain pattern against the US dollar, hovering near the psychologically important 150 level that

  • by Jayshree
  • 2026-05-11
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Bank of England building in London on a cloudy day, representing UK financial market uncertainty
Forex News

British Pound Holds Ground as Gilt Sell-Off Intensifies on Starmer Leadership Fears

The British pound traded in a narrow range on Wednesday, steadying after a sharp sell-off in UK government bonds as market participants priced

  • by Jayshree
  • 2026-05-11
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Oil storage tanks and pumpjack at sunset, symbolizing crude oil supply and geopolitical risk.
Forex News

WTI Oil Surges as Trump Rejects Iran Diplomatic Proposal, Hormuz Disruption Fears Mount

West Texas Intermediate (WTI) crude oil prices climbed sharply on Tuesday, driven by a combination of geopolitical shocks and supply-chain anxiety. The rally

  • by Jayshree
  • 2026-05-11
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Empty White House briefing room with presidential podium and American flag before a press conference.
Forex News

Trump Dismisses Iran’s Nuclear Proposal as ‘Stupid,’ Raising Diplomatic Stakes

President Donald Trump on Wednesday publicly dismissed Iran’s latest proposal regarding its nuclear program, calling it a ‘stupid proposal’ during a brief exchange

  • by Jayshree
  • 2026-05-11
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NYSE trading floor with Dow Jones index screens showing steady levels and oil price indicators
Forex News

Dow Jones Holds Ground as Oil Rallies on Iran Supply Fears; CPI Data Awaited

U.S. stocks opened largely unchanged on Tuesday, with the Dow Jones Industrial Average trading in a narrow range as a surge in crude

  • by Jayshree
  • 2026-05-11
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Currency exchange board showing Swiss Franc and US Dollar symbols with fluctuating rates in a financial trading environment.
Forex News

Swiss Franc Gains Ground as USD Retreats on Stalled US-Iran Talks

The Swiss Franc strengthened against the US Dollar on Tuesday, recovering earlier losses as the greenback eased from intraday highs. The shift in

  • by Jayshree
  • 2026-05-11
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AUD/USD forex chart showing upward movement on a trading floor display
Forex News

Australian Dollar Gains Ground as Markets Eye US CPI and Iran Tensions

The Australian Dollar strengthened against the US Dollar on Wednesday, supported by a cautious market mood ahead of key US inflation data and

  • by Jayshree
  • 2026-05-11
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Euro banknote and US dollar bill with upward chart overlay representing EUR/USD recovery analysis.
Forex News

Euro Recovery Against US Dollar Targets Key Fibonacci Level, Scotiabank Says

The Euro has been staging a notable recovery against the US dollar in recent trading sessions, with analysts at Scotiabank now eyeing a

  • by Jayshree
  • 2026-05-11
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