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
The U.S. dollar approached six-week lows on Wednesday, having given up nearly all the gains achieved since the onset of the Iran war, as indications of renewed discussions between Washington and Tehran bolstered risk appetite. Tehran has effectively closed the Strait of Hormuz, a vital passage for a fifth of global oil and gas shipments, Read More
The US dollar is exhibiting a stronger inclination today. The Dollar Index is poised to potentially end its seven-day downward trend. President Trump has suggested that the “war is close to over”. Recent days have shown an improved risk appetite, indicating that the market is anticipating this development. A new round of negotiations between the Read More
North American participants dismissed the negativity observed in the Asia Pacific and European markets yesterday following the collapse of US-Iran negotiations over the weekend. The prevailing optimism was palpable, accompanied by reports indicating that further negotiations are being considered during the ceasefire set to expire next week. The dollar is experiencing a general decline. Today, Read More
The dollar maintained its position on Tuesday, yet it is poised for a seventh consecutive daily decline, as market participants assessed the supply risks stemming from a U.S. blockade of Iranian shipping in the Strait of Hormuz, juxtaposed with optimism for a diplomatic resolution between Washington and Tehran. The dollar index, which measures the greenback Read More
