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British Pound seems vulnerable near 1.3300 vs USD on Iran tensions, UK political turmoil
The GBP/USD pair adds to last week's heavy losses and remains under some selling pressure for the fifth consecutive day on Monday. Spot prices drop to the 1.3300 mark, or the lowest level since April 8, during the Asian session and seem vulnerable amid a broadly firmer US Dollar (USD).
Fxstreet
Mon, May 18
Australian Dollar Holds Steady Near 0.7150 Amid Rising Fed Hike Bets, Middle East Tensions
The AUD/USD pair trades on a flat note near 0.7150 during the early Asian session on Monday. The pair steadies after retreating from multi-year highs amid shifting US interest rate expectations and ongoing geopolitical tensions.
Fxstreet
Mon, May 18
Euro gains against British Pound amid rising UK leadership uncertainty
EUR/GBP climbs to near one-month highs on Friday as rising political uncertainty in the United Kingdom pressures the British Pound (GBP). At the time of writing, the cross is trading around 0.8726, on track for weekly gains.
Fxstreet
Fri, May 15
British Pound tumbles as UK turmoil, Iran risks lift USD
The GBP/USD extends its losses for the fourth straight day, poised to finish the week down more than 2% as political turmoil in the UK and increased speculation that Starmer’s successor could widen fiscal deficits weigh on the currency.Fxstreet
Fri, May 15
Australian Dollar extends sharp decline as Fed hike repricing lifts US Dollar
AUD/USD falls sharply on Friday and trades around 0.7155 at the time of writing, down 0.91% on the day, after hitting its lowest level in more than a week. The pair remains under heavy selling pressure for the second consecutive day amid broad-based US Dollar (USD) strength.Fxstreet
Fri, May 15
USD/CAD: Overvaluation stretch risks further upside – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret highlight that USD/CAD is grinding higher into the mid‑1.37s, with the Canadian Dollar (CAD) underperforming but still faring better than many G10 commodity peers.Fxstreet
Fri, May 15
Canadian Dollar hits fresh monthly lows as the US Dollar rallies in risk-off markets
The Canadian Dollar (CAD) extends losses against the US Dollar (USD) for the fourth consecutive day on Friday, with the USD/CAD pair trading in the mid-range of the 1.3700s after rallying about 0.5% so far this week.Fxstreet
Fri, May 15
Swiss Franc slides as resilient US data and Swiss deflation pressure CHF
USD/CHF extends its advance for the fourth consecutive day on Friday and trades around 0.7850 at the time of writing, up 0.15% on the day. The pair benefits from the rebound in the US Dollar (USD), supported by resilient US economic data and renewed risk-off sentiment across markets.
Fxstreet
Fri, May 15
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