United States Baker Hughes US Oil Rig Count fell from previous 474 to 473

May 16, 2025

EUR/USD price analysis: Pair drifts lower amid bearish pressure

The EUR/USD pair is under modest selling pressure on Friday, moving near the lower end of its daily range around the 1.11 zone.

USD/CHF limited upside as tariff uncertainty weighs on sentiment

The USD/CHF pair is trading higher on Friday, testing a significant resistance zone near 0.8380 as traders digest mixed economic signals from the United States and ongoing global trade tensions.