The dollar and oil continue to show strength. The market has shown a subdued response to President Trump’s announcement late yesterday regarding the extension of its commitment not to target Iran’s energy infrastructure for an additional ten days (April 6). Simultaneously, reports suggest that the US is evaluating the possibility of deploying additional troops to Read More
The US dollar is currently exhibiting limited fluctuations against the G10 currencies; however, this apparent tranquility in the foreign exchange market conceals underlying tensions in other segments of the capital markets. Equities and bonds have experienced a sell-off. The prospect of resolving the Middle East conflict appears to have diminished, as the United States sends Read More
The dollar declined from multi-month peaks this week as rising energy prices disrupted the forecast for global interest rates, leaving the U.S. Federal Reserve as the sole major central bank not anticipated to raise rates this year. Prior to the onset of the U.S.-Israeli conflict with Iran at the end of February, market participants anticipated Read More
The U.S. dollar, often regarded as a safe haven, experienced an increase on Tuesday amid the escalating conflict in the Middle East, which negatively impacted investor sentiment. In contrast, the Australian dollar exhibited volatility in uneven trading conditions after the central bank leader conveyed hawkish signals to the market following a narrowly decided vote to Read More
The conflict in the Middle East is intensifying. The market appears to be indifferent to the announcement regarding the release of strategic oil reserves. The announcement lacks specifics regarding the pace and composition. Furthermore, the markets’ comprehension of the disruption extends well beyond oil, encompassing gas, fertilizer, sulfur, and urea. Compounding the geo-economic complexities, late Read More
The dollar experienced a decline in its safe-haven status on Tuesday amid speculation that the conflict in the Middle East might be contained, leading to a decrease in soaring oil prices and an uptick in risk assets. At 157.73 yen and $1.1632 per euro, the greenback showed strength in early Asia trade; however, it has Read More
The U.S. dollar remained largely stable in early Asian trading on Friday and was on track for its most significant weekly increase in over a year, as the intensifying conflict in the Middle East heightened the appeal for safe-haven assets. The euro and yen stayed under pressure as the crisis pushed oil prices higher, increasing Read More
