Day: May 24, 2026

Euro slips as Iran deal doubts lift demand for the US Dollar

Euro slips as Iran deal doubts lift demand for the US Dollar

The Euro (EUR) retreats by 0.14% during the North American session on Friday amid growing speculation that the US and Iran may reach a deal to end the conflict. The Greenback is recovering some ground, underpinned by Oil prices trimming some of its earlier losses. The EUR/USD pair trades at 1.1598, poised to end the […]

Japanese Yen weakens as stronger US Dollar and elevated energy prices weigh on sentiment

Japanese Yen weakens as stronger US Dollar and elevated energy prices weigh on sentiment

USD/JPY holds firm on Friday, remaining confined within this week’s trading range as traders refrain from placing aggressive bullish bets near the 160.00 handle following suspected intervention by Japanese authorities in late April. At the time of writing, the pair is trading around 159.20 and remains on track for a second consecutive weekly gain. Meanwhile, […]

Rate repricing weighs against Japanese Yen – Rabobank

Rate repricing weighs against Japanese Yen – Rabobank

Rabobank’s Senior FX Strategist Jane Foley notes that the Australian Dollar (AUD) has shifted from a top G10 performer to one of the weakest on a 5‑day view as markets reassess Reserve Bank of Australia (RBA) tightening prospects after softer labour data. With the Bank of Japan (BoJ) expected to hike and AUD/JPY losing momentum, […]