U.S. Dollar Falls Below 145 Against Yen, Hits 6-Month Low as Safe-Haven Demand and Rate Hike Bets Boost Japanese Currency

The U.S. dollar has slipped below the key 145 level against the Japanese yen, hitting a nearly six-month low. This decline comes amid a downgraded U.S. sovereign credit rating and growing expectations that the Bank…

USD/CAD Stuck in Tight Range as Inflation Data and Oil Prices Take Center Stage

The USD/CAD exchange rate has recently been trading in a tight range between 1.3965 and 1.3970, with market direction unclear due to mixed economic data and uncertain central bank policies from both countries. Investor sentiment…

British Pound Surges Past Key Resistance as Moody’s Cuts U.S. Outlook—UK and U.S. Economic Outlooks in Spotlight

Boosted by strong UK economic data and a weakening U.S. dollar, the British pound has recently climbed sharply against the greenback, breaking through several key technical resistance levels and attracting renewed market attention. Moody’s downgrade…

China’s Industrial Output Beats Forecasts with 6.1% Growth in April, Driven by High-Tech Manufacturing, 3D Printing, and EV Production Surge

China's industrial output rose by 6.1% year-over-year in April, surpassing market expectations. This growth was driven by robust gains in manufacturing and high-tech industries—key pillars stabilizing the nation’s economic recovery. Production of 3D printing equipment…

U.S. Dollar Strengthens Against Swiss Franc as Diverging Central Bank Policies Fuel Market Volatility

The U.S. dollar has been gaining strength against the Swiss franc recently, driven by growing policy divergence between the Federal Reserve and the Swiss National Bank. With inflation in Switzerland dropping to zero, markets are…