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FOREX-Dollar set for steepest weekly gain in a year as Iran crisis boosts haven bid
Middle East conflict boosts demand for safe-haven assetsOil price surge raises inflation risks, affects central bank policiesFed rate cut expectations delayed, bets rise for ECB rate hike this yearBy Rocky Swift TOKYO, March 6 (Reuters) - The U.S. dollar held broadly steady in early Asian trade o...Reuters
13 minutes ago
Justin Sun settles SEC fraud case for $10 million
SEC claimed Sun generated $31 million through fraudulent tradesSettlement requires court approval, no admission of wrongdoingCase had been put on hold shortly after Trump's return to White HouseBy Luc Cohen NEW YORK, March 5 (Reuters) - The Chinese cryptocurrency entrepreneur Justin Sun reach...Reuters
2 hours ago
NZD/USD backslides as risk-off pressure builds
NZD/USD fell over 0.7% on Thursday, settling close to 0.5900 and touching its lowest level since late January. The pair has now given back the bulk of its February gains, with a series of lower highs since peaking near 0.6090 in early February pointing to fading bullish momentum.
Fxstreet
3 hours ago
AUD/USD slides nearly 1% to test the 0.7000 handle
AUD/USD fell about 1% on Thursday, wrapping the day up near the 0.7010 level after testing below the key 0.7000 handle intraday. The pair has now pulled back sharply from Tuesday's bounce, with two consecutive bearish sessions erasing most of the week's early gains.
Fxstreet
3 hours ago
EUR/USD weakens toward 1.1600 as firm US data revives the US Dollar
The EUR/USD edged lower on Thursday, down some 0.21% as market sentiment remains risk averse due to the ongoing conflict in the Middle East. This and solid US economic data pushed the pair lower towards the 1.1600 figure ahead of Friday’s session
Fxstreet
3 hours ago
USD/JPY Price Forecast: Bulls defend 157.00 as upside-pressure builds
USD/JPY advanced on Thursday during the North American session, up by nearly 0.30% as the Greenback is boosted by risk appetite deterioration, solid US jobs data and hawkish comments by the Richmond Fed President Thomas Barkin.
Fxstreet
3 hours ago
Quanex Q1 net sales just beat estimates
OverviewBuilding products maker's Q1 net sales rose 2.3%, slightly beating analyst expectationsAdjusted EBITDA for Q1 beat analyst expectationsOutlookQuanex estimates fiscal 2026 net sales of $1.84 bln to $1.87 blnCompany expects fiscal 2026 Adjusted EBITDA of $240 mln to $245 mlnResult DriversF...Reuters
4 hours ago
REFILE-FOREX-US dollar advances as Middle East conflict rages on, fuels safe-haven demand
Markets fickle, risk sentiment remains fragileHigher oil prices fuel inflation concernsUS rate futures now price just 40 bps of easing this yearBy Gertrude Chavez-Dreyfuss NEW YORK, March 5 (Reuters) - The U.S. dollar regained its footing on Thursday, rebounding after a brief pullback from three-...Reuters
4 hours ago
USD/MXN jumps above 17.70 as Middle East war spurs risk-off
The Mexican Peso depreciates sharply as hostilities intensify in the Middle East, triggering a flight to safety, which underpinned the US Dollar. Additionally, solid jobs data in the US decreased the chances that the Federal Reserve might cut rates twice this year.
Fxstreet
5 hours ago
CANADA FX DEBT-Canadian dollar weakens on renewed safe-haven demand
Canadian dollar falls 0.4% against the greenbackTrades in a range of 1.3616 to 1.3716Price of oil jumps 8.2%, raising inflation concerns10-year yield touches a three-week high at 3.352%By Fergal Smith TORONTO, March 5 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Thursd...Reuters
6 hours ago
Banijay targets franchise growth ahead of All3Media merger
By Leo Marchandon and Mathias de Rozario March 5 - French entertainment group Banijay BNJ.AS on Thursday flagged franchise growth beyond TV and into live events as major growth drivers for 2026 and beyond, ahead of merging its operations with All3Media.CEO François Riahi said Banijay's conten...Reuters
8 hours ago
JPMorgan cuts emerging market FX and local debt on Middle East war uncertainty
LONDON, March 5 (Reuters) - JPMorgan's analysts cut the bank's stance on emerging market currencies and local currency debt to 'marketweight' from 'overweight' on Thursday, following this week's outbreak of the war between the United States and Israel and IranThe bank sai...Reuters
8 hours ago
FOREX-US dollar climbs as Middle East conflict intensifies, boosting safe-haven demand
Markets fickle, risk sentiment remains fragileHigher oil prices fuel inflation concernsUS rate futures now price just 40 bps of easing this yearBy Niket Nishant and Gertrude Chavez-Dreyfuss LONDON/NEW YORK, March 5 (Reuters) - The dollar resumed its climb on Thursday, rebounding from a brief pul...Reuters
9 hours ago
GBP/USD slumps as strong US jobs data lifts US Dollar
The Pound Sterling resumed its downtrend during the week, courtesy of heightened tensions in the Middle East and solid US employment data ahead of Friday's Nonfarm Payrolls report. At the time of writing, the GBP/USD trades at 1.3337, down 0.25%.Fxstreet
10 hours ago
ECB policymakers warn of inflation spike if Iran war lasts
Long war seen pushing inflation up, growth downDe Guindos says baseline is for short conflictRehn warns against excessive optimismBy Francesco Canepa and Jan Strupczewski FRANKFURT/BRUSSELS, March 5 (Reuters) - Three European Central Bank policymakers warned on Thursday that euro zone inflation w...Reuters
10 hours ago
