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Canadian Dollar gathers strength amid doubts over US-Iran ceasefire
The USD/CAD pair trades on a weaker note near 1.3655 during the Asian trading hours on Wednesday. Tensions in the Strait of Hormuz provide some support to the commodity-linked Canadian Dollar (CAD) against the US Dollar (USD).
Fxstreet
Wed, Apr 22
EUR/USD softens to near 1.1750 amid extended US‑Iran ceasefire
The EUR/USD pair trades in negative territory near 1.1750 during the early Asian session on Wednesday. The ongoing conflict between the United States and Iran, as well as uncertainty surrounding the Strait of Hormuz blockade, weighs on the Euro (EUR) against the US Dollar (USD).
Fxstreet
Wed, Apr 22
GBP/USD slips back as US data offsets Iran ceasefire risk-on boost
GBP/USD slid 0.15% on Tuesday, settling close to 1.3500 after a volatile session that traded a roughly 60-pip range. Price unwound twice during European and US trade with sharp downside candles, only to bounce back off the lows on each occasion before recovering modestly into the close.
Fxstreet
Tue, Apr 21
AUD/USD slips as Iran tensions lift US Dollar, hurt sentiment
The Australian Dollar retreats during the North American session, down more than 0.30%. High tensions in the Middle East, spurred by Iran’s decision not to attend talks with the US in Pakistan. At the time of writing, the AUD/USD trades at 0.7153 after hitting a daily high of 0.7185.Fxstreet
Tue, Apr 21
USD/CAD steadies as firmer US Dollar supports gains, but technicals signal downside risk
USD/CAD holds firm on Tuesday as the US Dollar (USD) steadies after recent weakness, although the pair lacks strong upside momentum as elevated Oil prices provide underlying support to the commodity-linked Canadian Dollar (CAD).
Fxstreet
Tue, Apr 21
GBP/USD slips as strong US Retail Sales revive USD demand
GBP/USD retreats, losing 0.18%, as the US Dollar recovers following a solid US Retail Sales report. Data in the UK reveals the labor market remains solid, while traders digest headlines from the Fed Chair nominee, Kevin Warsh, at the US Senate.Fxstreet
Tue, Apr 21
EUR/USD edges lower as US Retail Sales beat forecasts, Warsh calls for new inflation framework
EUR/USD trades under pressure on Tuesday as the US Dollar (USD) steadies after recent weakness, with upbeat US economic data and weaker Eurozone sentiment adding further downside pressure on the Euro (EUR).EUR/GBP under pressure as Eurozone sentiment deteriorates sharply in April
EUR/GBP trades on the back foot on Tuesday, with the British Pound (GBP) outperforming the Euro (EUR) following broadly resilient UK labor market data, while softer economic sentiment from the Eurozone adds further pressure on the Euro.
Fxstreet
Tue, Apr 21
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