The US dollar moved higher on Monday after weekend talks between Washington and Tehran failed to produce an agreement to end the ongoing conflict. According to CNBC, the greenback gained 0.3% against the euro, trading at $1.169, and rose 0.25% against the British pound to $1.342. The uptick in the currency came after peace negotiations
The British pound edged lower on Friday but remained on track for its strongest weekly performance in three months, supported by easing geopolitical tensions following a US-Iran ceasefire agreement. Sterling slipped 0.15% to $1.342 during the session. Despite the modest decline, the currency was set to post a weekly gain of 1.7%, marking its biggest
The British pound edged higher against the US dollar on Thursday, retaining most of the gains recorded in the previous session following a ceasefire agreement between the United States and Iran. However, uncertainty surrounding the durability of the deal limited further upside in sterling. The pound was last trading 0.1% higher at $1.3407, remaining well
The pound rose on Friday after the United States and Iran agreed to a two-week ceasefire. The ceasefire sparked optimism across financial markets, particularly as oil prices declined sharply, easing concerns around inflationary pressures. Sterling rose 1% on the day to trade at $1.342, marking its highest level since March 23. The currency is now
The Indian rupee was expected to trade in a narrow range around 93 to the dollar on Tuesday as the Reserve Bank of India continued to support the currency following a period of sharp volatility that had driven it to record lows. The central bank’s intervention has provided a floor, but geopolitical uncertainty and elevated
The USD/INR exchange rate has pulled back in the past few weeks as the actions by the Reserve Bank of India (RBI) continued. The pair has dropped to 92.85, down by 2.45% from its highest point this year. So, what next for the Indian rupee as bond yields jump? Indian rupee jumps as bond yields
The USD/CHF exchange rate continued its uptrend this week as demand for the US dollar remained. Still, the pair has formed a highly bearish chart pattern, pointing to more downside in the near term. US dollar is beating Swiss franc as the war continues The USD/CHF exchange rate is doing well as investors move to
The dollar rose on Thursday after US President Donald Trump described Iran as acting “crazy,” tempering expectations for a swift ceasefire that had briefly erased a two-day slide in the currency. The dollar index climbed to a session high of 99.925 before closing 0.3% stronger at 99.86, having earlier touched a three-week low as investors
The US dollar may be poised for a decline as elevated energy prices, domestic policy risks and a rising risk premium chip away at its safe-haven appeal, according to a Reuters poll published on Tuesday. Nearly 70 foreign-exchange strategists surveyed by Reuters between 27 March and 1 April expect the euro to hold steady at
The South African rand has pulled back in the past two months as the ongoing US-Iran war disrupted the country’s economic growth. The USD/ZAR pair soared to 17.06, as the JSE All Share Index and gold prices slumped. South African rand and JSE All Share Index slumps The USD/ZAR exchange rate has rebounded because of