US Dollar Braces for Seventh Straight Daily Drop as Traders Weigh Iran Blockade Against Peace Hopes

The dollar was steady on Tuesday but set for a seventh straight daily drop, as markets weighed supply risks from a U.S. blockade of Iranian shipping in the Strait of Hormuz against hopes for a diplomatic breakthrough between Washington and Tehran.The dollar index, which measures

Read More

  • Related Posts

    Gold Slips As Fresh US-Iran Strikes Boost Oil, Fed Rate-Hike Bets Weigh

    Gold prices eased on Monday as recent U.S.-Iran strikes in the Gulf pushed oil prices higher, while expectations of U.S. Federal Reserve interest rate hikes further weighed on the non-yielding metal.Spot gold was down 0.7% at $4,061.35 per ounce, as of 0242 GMT. U.S. gold futures Read More

    Nifty, Sensex Eye Cautious Start As US-Iran Stand Down After Fresh Clashes

    The Indian benchmark stock market bourses Nifty 50, and Sensex, are expected to witness a gap-down opening on Monday, June 29, after a mixed trend in global markets, observing caution after fresh US-Iran clashed over the weekend.Asian markets largely traded lower, while the US st Read More

    Leave a Reply

    Your email address will not be published. Required fields are marked *