Dollar Struggles After Mixed Data; Yen Rallies With Nikkei Surge
Posted 26 June 2025Dollar weakness continues to dominate FX markets, with the greenback staying under pressure across the board. he spotlight is on which currencies are capitalizing the most. Yen is stealing the show, along with sharp rally in the Nikkei as AI-fueled optimism sends semiconductor shares surging. Swiss Franc and Aussie are also firming, while the Kiwi […]
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Dollar Slides to Multi-Year Lows Against Euro, Pound on NATO Spending Boost
Posted 26 June 2025Dollar weakness deepened in Asian session, with the greenback falling to multi-year lows against both Euro and Sterling. For now, downside pressure remains concentrated against European majors. The latest catalyst is a show of fiscal resolve from NATO allies, who agreed to more than double their defense spending target to 5% of GDP by 2035, […]
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