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GBP/USD slides to 1.3300 as Middle East tensions lift US Dollar
The Pound Sterling extends its losses during the North American session as the conflict in the Middle East involving the US, Israel and Iran, intensified fueling a flight to safety sponsored by inflationary pressures on high Oil prices.
Fxstreet
Tue, Mar 3
Silver price forecast: XAG/USD plunges 10% as US Dollar strengthens
Silver (XAG/USD) extends losses on Tuesday, falling nearly 10% as a stronger US Dollar (USD) and rising US Treasury yields temper demand for safe-haven assets despite fragile market sentiment linked to the ongoing US-Iran conflict.
Fxstreet
Tue, Mar 3
Mexico analysts lift 2026 inflation, economic growth forecasts
MEXICO CITY, March 3 (Reuters) - Private sector analysts polled by Mexico's central bank expect slightly higher inflation at the end of this year and next compared to the previous month's poll, the bank said on Tuesday. They now expect headline inflation to wrap up this year at 4.00%, up fro...Reuters
Tue, Mar 3
EUR/GBP eases despite stronger Eurozone inflation data
The Euro (EUR) trades under mild pressure against the British Pound (GBP) on Tuesday as traders reassess the monetary policy outlook for major central banks amid inflation concerns tied to higher Oil prices driven by the US-Iran conflict.
Fxstreet
Tue, Mar 3
Sterling slides as Middle East conflict lifts oil prices, muddies rate outlook
By Niket Nishant LONDON, March 3 (Reuters) - The British pound tumbled to its lowest in three months on Tuesday as the intensifying conflict in the Middle East drove oil prices higher, rekindling inflation fears and prompting traders to trim rate-cut bets.The currency GBP=D3 slipped 0.65% agains...Reuters
Tue, Mar 3
Oil shock could strain emerging markets beyond inflation, analysts say
By Kanchana Chakravarty and Rashika Singh March 3 (Reuters) - The war in Iran and the resulting surge in energy prices will impact emerging markets well beyond inflation to broader pressures on external balances, currencies and capital flows, analysts warn. Brokerages, including J.P...Reuters
Tue, Mar 3
FOREX-Dollar advances as Middle East tensions spur flight to safety
Yen and euro hit by energy import concerns Dollar rises due to safe-haven demand Japanese finmin puts market on notice of possible currency interventionBy Niket Nishant and Rocky Swift LONDON/TOKYO, March 3 (Reuters) - The U.S. dollar extended gains on Tuesday as the deepening conflict in the Mi...Reuters
Tue, Mar 3
JPMorgan moves EMEA emerging market FX to 'marketweight' amid Middle East troubles
LONDON, March 3 (Reuters) - Investment bank JPMorgan's analysts moved EMEA emerging market FX to 'marketweight' on Tuesday amid escalating tensions in the Middle East, and added Poland's zloty to their list of 'underweight' currencies."The CEE region is one of the more ex...Reuters
Tue, Mar 3
FOREX-Dollar advances as Middle East tensions spur flight to safety
Yen and euro hit by energy import concerns Dollar rises due to safe-haven demand Japanese finmin puts market on notice of possible currency interventionBy Niket Nishant and Rocky Swift LONDON/TOKYO, March 3 (Reuters) - The U.S. dollar extended gains on Tuesday as the deepening conflict ...Reuters
Tue, Mar 3
Swedish Riksbank's Thedeen says Middle East impact on March rate decision unclear
STOCKHOLM, March 3 (Reuters) - Swedish central bank Governor Erik Thedeen said on Tuesday it is too early to say what effect the situation in the Middle East will have on the Riksbank's monetary policy this month.The Riksbank, which targets 2% inflation, is due to announce its next policy decisi...Reuters
Tue, Mar 3
Swedish Riksbank's Thedeen says Middle East impact on March rate decision unclear
STOCKHOLM, March 3 (Reuters) - Swedish central bank Governor Erik Thedeen said on Tuesday it is too early to say what effect the situation in the Middle East will have on the Riksbank's monetary policy this month.Reuters
Tue, Mar 3
