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Jul 16, 2026
Canadian Dollar consolidates near four-week top vs USD; elevated oil prices favor bulls
The USD/CAD pair is seen oscillating in a range during the Asian session on Thursday and consolidating its recent losses to a four-week low, touched the previous day.
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Jul 16, 2026
British Pound weakens below 1.3550 on renewed US strikes on Iran
The GBP/USD pair declines to near 1.3530 during the early Asian session on Thursday. The British Pound (GBP) weakens against the US Dollar (USD) as renewed conflict and shipping disruptions in the Strait of Hormuz have reignited energy-driven inflation risks.
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