Euro weakens against Canadian Dollar amid higher oil prices

EUR/CAD halts its three-day winning streak, trading around 1.6110 during the European hours on Thursday. The currency cross faces downward pressure as the commodity-linked Canadian Dollar (CAD) gains support from rising crude oil prices.Escalating tensions in the Middle East, combined with stalled negotiations between the United States (US) and Iran, have driven the crude market surge. While the confrontation has…

Why is the Japanese Yen underperforming its peers?

The Japanese Yen (JPY) is down against its major currency peers on Thursday, with USD/JPY trading 0.22% higher at around 158.50 during the European trading session. The Japanese currency underperforms as the Trade Deficit widens due to elevated energy prices. Japanese Yen Price Today The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today.…

Pound To Dollar Price Forecast: GBP Breaks 1.36 As Treasury Move Hits USD

The Pound to Dollar (GBP/USD) exchange rate jumped above 1.3600 on Wednesday, reaching its strongest level since May as falling Treasury yields hit the US Dollar. Pound Sterling's own UK inflation backdrop was broadly neutral. Latest — Exchange Rates: Pound to Dollar (GBP/USD): 1.360955 (+0.55%) Euro to Dollar (EUR/USD): 1.167557 (+0.86%) Dollar to Yen (USD/JPY): 158.12827 (-0.89%) DAILY RECAP: GBP/USD…

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Modified: Tuesday, 18 August 2026 23:46 BST - Written by David Woodsmith…