GBP/USD hits highest level since May, clears 50% retracement of 2026 range
GBP/USD rallied close to 0.50% on the day, pushing to its highest level since May 12 and clearing the 50%...
Forex News
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USD/CAD drops to new weekly low as sellers eye 200-day moving average
USD/CAD dropped to a new weekly low as sellers broke through key moving averages and a midpoint support level. The...
US retail sales drop 0.6% in July, the sharpest fall since May 2025
US retail sales fell 0.6% in July, missing forecasts for a small increase and marking the sharpest monthly drop since...
Eurostat confirms eurozone GDP grew 0.4% in Q2 as Q1 revised down to flat
Eurostat confirmed the eurozone economy expanded by 0.4% quarter-on-quarter in the second quarter, matching the preliminary estimate, while the first...
EUR/USD holds steady as Fed rate-hike bets fade on soft inflation data
The dollar drifted lower in European trade on Friday as EUR/USD edged up to 1.1553, with traders reassessing Fed policy...
