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 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 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
The dollar surged against other major currencies in light trading late on Sunday, as investors turned to the relative safety of the U.S. currency following protracted discussions between Washington and Tehran that did not result in a peace agreement, pushing markets into a seventh week of uncertainty. On Sunday, President Donald Trump announced that the Read More
The dollar on Friday was poised for its most significant weekly decline since January, as other currencies appreciated amid optimism that a ceasefire in the Gulf will be sustained and oil shipping will recommence. The future trajectory of the markets is expected to depend on the results of the discussions taking place over the weekend Read More
As anxious investors assessed the intensifying Iranian conflict and focused on the most recent deadline set by US President Donald Trump to reopen the Strait of Hormuz, the dollar remained stable on Monday while the yen flirted with the critical 160 per dollar barrier. Trump threatened to target Iran’s power plants and bridges on Tuesday Read More
The US Dollar maintains a robust position near 100.00 as the European trading session approaches. Trading volumes are expected to remain low because of the Good Friday holiday. Markets are expected to move carefully as they anticipate the significant US employment report for March. Market participants anticipated an increase in Nonfarm Payrolls by 60,000 after Read More
The conflict in the Middle East exerted pressure on equities and fixed income securities while bolstering the value of the dollar. If, and that may still be a significant if, the war comes to a close, the markets are projecting a turnaround: an upswing in stocks and bonds alongside a depreciated dollar. Option-related buying may Read More
The dollar is on track for its largest monthly increase since July, emerging as the most robust safe asset amid escalating tensions in the Mideast, which have driven oil prices higher and heightened the risk of a global recession. Overnight, the dollar continued to strengthen broadly, except against the yen, where fresh intervention threats from Read More
