Japanese Yen Slips Further as USD/JPY Climbs to 148.80 Amid Broad Dollar Strength
The Japanese Yen (JPY) extended its losses on Thursday during early European trading, as renewed U.S. Dollar (USD) strength pushed the USD/JPY pair to 148.80 — approaching its highest levels since late June. A combination of weaker-than-expected trade data from Japan, lingering economic concerns, and rising political uncertainty continues to weigh on the JPY. Weaker […]
EUR/USD Slips Toward Multi-Week Lows Amid Powell-Trump Tensions and Market Caution
The EUR/USD pair came under renewed pressure on Thursday, nearing its lowest levels in nearly three weeks as market sentiment turned risk-averse following heightened political drama between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell. As of writing, the pair is trading around 1.1575, testing the lower boundary of the bearish channel that […]
WTI Crude Holds Below $65.50 Despite Signs of Improving Demand
West Texas Intermediate (WTI) crude oil extended its losing streak for the fourth consecutive session on Thursday, trading near $65.30 during European market hours. While recent data suggests improving demand, prices have yet to rebound significantly. Support came from positive economic signals. The Federal Reserve’s latest Beige Book reported a slight uptick in overall business […]