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Swiss Franc weakens as US Dollar advances on renewing US-Iran tensions

USD/CHF extends its gains for the third successive day, trading around 0.8090 during the Asian hours on Wednesday. The pair appreciates as the Greenback receives support from safe-haven demand amid renewing geopolitical tensions. US airstrikes against Iran came in response to Iranian attacks on commercial vessels in the crucial Strait…

New Zealand Dollar slips ahead of RBNZ rate decision

NZD/USD loses ground near the 0.5680 level as investors look ahead to Wednesday’s Reserve Bank of New Zealand (RBNZ) policy decision, while the US Dollar (USD) remains supported by cautious remarks from the Federal Reserve (Fed).The latest US labor data showed the ADP Employment Change 4-week average eased to 21K from 24.25K, pointing to softer private hiring. However, the Greenback held firm after New York Fed President John Williams said the US economy is growing…

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Ford recalls Mustang vehicles over windshield wiper, drivetrain defects

Ford is recalling more than 110,000 vehicles in the U.S. across two separate safety campaigns after federal regulators identified defects involving windshield wipers and a rear drivetrain component that could increase crash risks. According to the National Highway Traffic Safety Administration (NHTSA), the automaker is recalling 110,626 vehicles in two…

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