The dollar edged up, approaching a 1-1/2-week high on Thursday, as tensions between Iran and the U.S. in the Middle East conflict, coupled with stagnation in peace negotiations, pushed oil prices back above $100 per barrel, impacting investor sentiment. On Wednesday, Tehran took control of two vessels in the Strait of Hormuz, heightening tensions following Read More
The dollar maintained stability and momentarily reached a one-week peak during Asian trading on Wednesday, as doubts regarding U.S. President Donald Trump’s declaration of an indefinite ceasefire with Iran increased the appeal for the safe-haven currency. The remarks made by U.S. Federal Reserve nominee Kevin Warsh during a Senate confirmation hearing were perceived as somewhat Read More
The US Dollar Index registers slight increases, hovering around 98.10 during the Asian session on Tuesday. US Vice President JD Vance is set to visit Pakistan for discussions with Iran. The March Retail Sales report for the US is scheduled for release later on Tuesday. The US Dollar Index, an index reflecting the value of Read More
The dollar and yen faced downward pressure as investors prepared to acquire riskier currencies, anticipating a potential U.S.-Iran agreement to resume Gulf shipping. Meanwhile, a persistent inflation reading contributed to an increase in the New Zealand dollar. The impending expiration of the ceasefire this week casts uncertainty over the Iran peace talks, as Tehran has Read More
The US Dollar Index is showing an upward trend, currently positioned around 98.30 during the Asian session on Monday. The second round of negotiations with the US has been dismissed by Iran. Market participants are anticipating the release of the US March Retail Sales data later on Tuesday. The US Dollar Index, an index of Read More
The U.S. dollar strengthened to its peak in a week against major currencies on Monday, before retracting some of its gains as escalating U.S.-Iran tensions and diminishing expectations for a Middle East peace agreement prompted investors to seek safe havens. The United States announced on Sunday the seizure of an Iranian cargo ship that attempted Read More
The Dollar Index failed to break its losing streak yesterday, extending it for the eighth consecutive session, thereby matching the longest decline since April 2011. The current trend could conclude today if the dollar maintains its upward momentum. In light of the stronger than anticipated GDP figures from the UK and China, alongside a robust Read More
The U.S. dollar was on track for a second straight weekly decline on Friday amid cautious trading, as a ceasefire between Israel and Lebanon, along with the potential for renewed discussions with Iran, led investors to reduce their safe-haven holdings. A 10-day ceasefire between Lebanon and Israel commenced on Thursday, with President Donald Trump indicating Read More
The Dollar Index failed to break its losing streak yesterday, extending it for the eighth consecutive session, thereby matching the longest decline since April 2011. The current trend could conclude today if the dollar maintains its upward momentum. In light of the stronger than anticipated GDP figures from the UK and China, along with a Read More
The U.S. dollar remained close to its lowest point since early March against major currencies on Thursday, as optimism from the White House regarding a peace deal with Iran lifted sentiment and prompted traders to move away from safe-haven positions. President Donald Trump stated that the U.S.-Israeli conflict with Iran was “close to over,” while Read More
