Preparations for the Federal Reserve’s first policy decision under Chair Kevin Warsh weighed on Wednesday, causing the dollar to weaken. Risk appetite was supported by residual optimism over an interim U.S.-Iran peace accord, which dampened demand for the U.S. currency. The yen found little respite against a weaker greenback and teetered further into intervention territory, Read More
Investors remain uncertain about the specific details of the memorandum of understanding between the US and Iran. However, they seem to be confident enough to push July WTI to a new two-month low, while August Brent has reached three-month lows. Softer oil prices are contributing to a reduction in interest rates, while peripheral European benchmark Read More
The dollar remained close to its 10-day lows on Tuesday, as a deal to conclude the Iran war enhanced risk appetite. Meanwhile, the yen hovered near the significant 160 level following the Bank of Japan’s rate hike, a move that was widely anticipated to address inflationary pressures stemming from the conflict. U.S. President Donald Trump Read More
The prospect of a deal between the US and Iran has enhanced risk-taking appetites today, despite the ambiguity surrounding the agreement’s details and the apparent differences in interpretation between Washington and Tehran regarding what has been settled. Brent and WTI are approaching their lowest levels in two months. Stocks and bonds have experienced a rally. Read More
The U.S. dollar reached a 10-day low against its major counterparts on Monday, following a preliminary agreement aimed at concluding the conflict between the U.S. and Iran. This development led to a decline in oil prices and an increased appetite for riskier assets. U.S. and Iranian officials announced on Sunday that they have reached an Read More
The dollar stabilised in early trading on Friday, following a decline to its lowest level in a week as traders analysed reports suggesting that a ceasefire agreement in the Middle East might be forthcoming. Against the yen, the U.S. currency appreciated by 0.1%, reaching a value of 160.07 yen. The Australian dollar experienced a decline Read More
The U.S. dollar experienced fluctuations on Thursday due to new U.S. strikes in the Middle East, which negatively impacted market sentiment. Additionally, a spike in May U.S. consumer inflation reaching a three-year high contributed to investor apprehension regarding the Federal Reserve’s monetary policy outlook. The currency markets have exhibited a subdued performance this week, as Read More
The dollar maintained its position against major counterparts on Wednesday following the United States’ military actions in Iran, as investors looked ahead to crucial U.S. inflation figures for insights into the Federal Reserve’s policy direction. The U.S. military on Tuesday initiated strikes against Iran following President Donald Trump’s assertion that Tehran had downed a U.S. Read More
The U.S. dollar remained close to a two-month high on Tuesday, strengthening against most major currencies as uncertainty in the Middle East dampened risk appetite and traders increased their expectations for a Federal Reserve rate hike later this year. On Monday, Iran and Israel ceased their attacks on one another following a request from U.S. Read More
The US Dollar Index remains robust due to heightened safe-haven demand following reports of a missile launch from Yemen by Israel. The US Dollar may continue to strengthen as robust US employment figures enhance the outlook for a potential interest rate increase by the Federal Reserve this year. Market participants anticipate that the Federal Reserve Read More
