Yemen's Houthis mulls imposing fees on vessels transiting Southern Red Sea route

According to a Reuters report, Yemen's Houthis are considering imposing fees on commercial ships sailing through the Southern Red Sea. The report also shows that Houthis might exempt China's shipping fleet from any fee system.

Jul 29, 2026

EUR/GBP Price Forecast: Eases from 0.8575 resistance with the bullish bias intact

The Euro (EUR) is nursing moderate losses against the British Pound (GBP) on Wednesday, as bulls failed to find acceptance above the 0.8575 resistance area on Tuesday.

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Jul 29, 2026

EUR/USD Price Forecast: Struggling below 1.1400 with all eyes on the Fed

The Euro (EUR) holds marginal gains against the US Dollar on Wednesday after finding some support in the mid-range of the 1.1300s earlier this week but remains unable to find acceptance above 1.1400.

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