Forex
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Euro posts modest gains above 1.1350 as traders await US CPI inflation release
EUR/USD trades with mild gains around 1.1385 in Tuesday’s early Asian session. Trump said that the US will blockade Iran…
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Japanese Yen consolidates as USD bulls look to US CPI and Fed’s Warsh
USD/JPY stalls the previous day’s strong move up, though the downside seems cushioned. Economic risks from the Mideast crisis and…
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British Pound strengthens above 1.3350 ahead of US CPI data
GBP/USD gathers strength to near 1.3360 in Tuesday’s Asian session. Renewed US strikes on Iran and fears over Strait of…
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United States Dollar Index declines despite rising safe-haven demand, Fed rate hike odds
US Dollar Index may regain ground as escalating Middle East tensions drive safe-haven demand. CENTCOM announced precision strikes on Iranian…
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South Korean Won Nears 2-Month High
The South Korean won strengthened to around 1,490 per dollar, extending gains toward its highest level since mid-May, as investors…
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Euro Drops Near One-Year Low on Middle East Tensions
The euro opened the week at $1.14, nearing its one-year low from June, as investors responded to escalating Middle East…
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Pound Slips as Middle East Tensions Weigh on Markets
The pound fell back below $1.34, retreating from three-week highs, as investors reacted to rising Middle East tensions. Oil prices…
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South Korean Won Eases from Over 1-Month High
The South Korean won fell to around 1,507 per dollar, easing from a more than one-month high near 1,498, amid…
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Rupee Falls to Over Four-Week Low
The Indian rupee weakened to 95.7 per dollar, retreating from recent gains to its lowest level in over four weeks,…
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Offshore Yuan Slips on Stronger Dollar
The offshore yuan weakened to around 6.78 per dollar on Monday, retreating from a near three-week high reached in the…
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