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FOREX-Dollar gains as investors flee risk on escalating Middle East war
Dollar climbs as stocks tumble on Iran warIEA's Birol warns crisis worse than 1970s oil shocksJapan says ready to counter forex volatility By Rocky Swift and Harry Robertson TOKYO/LONDON, March 23 (Reuters) - The dollar rose on Monday as escalating retaliatory threats in the Middle East confl...Reuters
Mon, Mar 23
USD/KRW trades near 1,510 after pulling back from 17-year highs
USD/KRW trades around 1,510.00 during the European hours after retreating from a 17-year high of 1,516.76 reached earlier on Monday. Heightened risk aversion triggered foreign outflows of 1.8 trillion Won, putting downward pressure on the South Korean Won (KRW).Fxstreet
Mon, Mar 23
GBP: Resilience fading as BoE repricing bites – Commerzbank
Commerzbank’s Michael Pfister highlights that the Pound has held up despite a weak UK real economy, persistent inflation and strained public finances, helped by reduced political risk and aggressive Bank of England (BoE) repricing from cuts to multiple hikes.
USD/JPY Price Forecast: Approaches 160.00 as US Dollar gains amid Middle East war
The USD/JPY pair trades 0.22% higher to near 159.60 during the European trading session on Monday. The pair gains as the US Dollar (USD) trades firmly amid firm demand for safe-haven assets, in the wake of the war in the Middle East.Fxstreet
Mon, Mar 23
FOREX-Dollar gains as investors flee risk on escalating Middle East war
Japan says ready to counter forex volatility IEA's Birol warns crisis worse than 1970s oil shocksCentral banks turn hawkish due to inflation concernsBy Rocky Swift TOKYO, March 23 (Reuters) - The dollar rose on Monday as escalating retaliatory threats in the Middle East conflict curbed risk a...Reuters
Mon, Mar 23
Pound Sterling weakens as Middle East tensions drive oil surge and USD safe-haven demand
The GBP/USD pair attracts some sellers to around 1.3315 during the early European session on Monday, dragged by a firmer US Dollar (USD). The preliminary readings of Purchasing Managers Index (PMI) from the United Kingdom (UK) and the United States (US) will be released later on Tuesday.Fxstreet
Mon, Mar 23
EUR/USD falls to near 1.1540 as US Dollar remains firm amid Middle East conflicts
The EUR/USD pair is down 0.2% to near 1.1545 during the late Asian trading session on Monday. The major currency pair is under pressure as the US Dollar (USD) gains amid an increase in demand for safe-haven assets due to escalating conflicts in the Middle East.Fxstreet
Mon, Mar 23
USD/CHF gathers strength to near 0.7990 on Fed hawkish tone
The USD/CHF pair gathers strength to near 0.7890 during the early European session on Monday. A hawkish hold from the US Federal Reserve (Fed) provides some support to the US Dollar (USD) against the Swiss Franc (CHF). Traders will closely monitor the situation in the Middle East.
Fxstreet
Mon, Mar 23
GBP/JPY struggles to capitalize on modest intraday uptick, flat lines below mid-212.00s
The GBP/JPY cross attracts some dip-buyers near the 211.85 region during the Asian session on Monday, though it lacks follow-through and remains confined in a range held over the past week or so.
Fxstreet
Mon, Mar 23
NZD/USD Price Forecast: Bears dominate below 200-SMA barrier near 0.5865-0.5870
The NZD/USD pair attracts sellers for the second straight day and slides back closer to the 0.5800 mark during the Asian session on Monday. Moreover, the broader fundamental backdrop and technical setup suggest that the path of least resistance for spot prices remains to the downside.
Fxstreet
Mon, Mar 23
Dollar Rises as Escalating Middle East War Spurs Haven Demand
Japan says ready to counter forex volatility IEA's Birol warns crisis worse than 1970s oil shocksCentral banks turn hawkish due to inflation concernsBy Rocky Swift TOKYO, March 23 (Reuters) - The dollar rose on Monday as escalating retaliatory threats in the Middle East conflict curbed risk a...Reuters
Mon, Mar 23
