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US President Trump: Iran has very few shots left
United States (US) President Donald Trump said he encourages other countries to come and help the US, claiming that numerous countries told him they’re on their way when discussing the Strait of Hormuz ahead of a lunch at the Kennedy Center on Monday.Fxstreet
Mon, Mar 16
Dow Jones Industrial Average rebounds as Crude Oil prices retreat
The Dow Jones Industrial Average (DJIA) climbed around 1.2% on Monday, reclaiming ground above 47,000 after Friday's subdued close near 46,500. The S&P 500 rose over 1%, recovering back toward the 6,700 level, while the Nasdaq Composite gained more than 1.2%, closing near 22,400.Fxstreet
Mon, Mar 16
USD: Conflict premium supports gains – ING
ING’s Chris Turner expects the Dollar to stay supported as the Middle East conflict keeps Oil prices elevated and markets await central bank responses. He sees this week’s FOMC meeting as Dollar-positive, with the Federal Reserve likely to push back against current rate-cut pricing.Fxstreet
Mon, Mar 16
US Dollar Index (DXY) nears 10-month highs amid Middle East tensions
The US Dollar Index (DXY), which measures the Greenback's value against a basket of six major currencies, extends its advance on Friday and is set for a second consecutive weekly gain amid escalating Middle East tensions, which continue to boost demand for the US Dollar (USD).Fxstreet
Fri, Mar 13
USD: Haven bid persists on Strait risks – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes that the Dollar is supported as markets focus on risks to shipping through the Strait of Hormuz and higher Oil prices. With Brent above $100 and stagflation concerns weighing on bonds and stocks, USD is near cyclical highs.Fxstreet
Fri, Mar 13
European Stocks Open Lower Friday, Geopolitical Conflict and Economic Outlook Become Suppressing Factors
TradingKey - At 8:30 AM London time, the FTSE 100 opened down 0.68%, the CAC 40 fell 1.14%, the DAX 30 dropped 1.01%, and the FTSE MIB declined 0.84%. In Thursday's trading, the Stoxx Europe 600 index closed approximately 0.7% lower, as European equity markets remained under pressure for a second consecutive session.TradingKey
Fri, Mar 13
Forex Today: US Dollar Index surges toward 100 as Iran tensions escalate
The new Supreme Leader of Iran, Mojtaba Khamenei, said that attacks on neighboring country military bases will inevitably continue, also adding that “Iran will not refrain from avenging the blood of its martyrs”.Fxstreet
Thu, Mar 12
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