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 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 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 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
