The U.S. Dollar value moved higher after U.S. President Donald Trump announced an indefinite extension of the ceasefire set to lapse on April 22, which boosted the stock markets. However, the blockade on Strait of Hormuz and Iran's seizure of two ships in the strait kept the tensions alive and limited the dollar's slide.
Despite President Donald Trump extending the ceasefire with Iran, the attacks on ships near the Strait of Hormuz, as well as the uncertain geopolitical environment have kept markets nervous.
The British pound strengthened against other major currencies in the European session on Wednesday, after the British consumer price inflation increased in March to the highest level in three months, driven mainly by higher transport costs. Data published by the Office for National Statistics showed...
The British pound strengthened against other major currencies in the European session on Wednesday. The pound rose to an 8-day high of 0.8685 against the euro, a 5-day high of 215.66 against the yen and a 2-day high of 1.0558 against the Swiss franc, from early lows of 0.8702, 215.09 and 1.0536,...
The U.S. dollar climbed against its major counterparts in the New York session on Tuesday. The greenback climbed to 8-day highs of 1.3474 against the pound and 159.64 against the yen. The greenback rose to 0.7826 against the franc. The greenback advanced to an 8-day high of 1.1718 against the...
The U.S. Dollar value edged higher as the U.S.-Iran standoff over the next round of peace talks kept the Strait of Hormuz effectively shut, pushing oil prices higher. In addition, more-than-expected U.S. pending home sales numbers and strong month-over-month retail sales supported the U.S. dollar.
Sentiment in global markets remains dominated by the conflict in the Middle East, the ceasefire ending on Wednesday as well as prospects of a resumption of second round of U.S.-Iran talks. Earnings optimism related to the corporate sector also swayed market sentiment.
The New Zealand dollar strengthened against other major currencies in the Asian session on Tuesday, as traders increased their bets in favor of interest rate hikes by the Reserve Bank of New Zealand (RBNZ) in the near future due to higher-than-expected New Zealand (NZ) Q1 Consumer Price Index (CPI) data. According...
The U.S. dollar fell against its major counterparts in the New York session on Monday. The greenback fell to 1.1790 against the euro and 1.3544 against the pound, from its early 1-week highs of 1.1727 and 1.3475, respectively. The greenback dropped to 0.7776 against the franc and 158.55 against...
The New Zealand dollar strengthened against other major currencies in the Asian session on Tuesday. The NZ dollar rose to nearly a 1-1/2-month high of 94.11 against the yen and nearly a 1-month high of 1.9903 against the euro, from yesterday's closing quotes of 93.81 and 1.9955, respectively. Against...
The U.S. Dollar value ended nearly flat as investors parsed the escalation in the Middle East following a fresh U.S.-Iran standoff.
The U.S. dollar dropped against major currencies during the week ended April 17 as a de-escalation in the Middle East war dimmed safe haven demand for the dollar.
The fresh escalation in the tensions between the U.S. and Iran as well as the disruptions in the Strait of Hormuz dominated market sentiment across regions and asset classes.
The Australian dollar weakened against other major currencies in the Asian session on Monday, as traders remain cautious amid the uncertainty prevailing around the peace talks between the U.S. and Iran. Tensions in the Middle East escalated over the weekend with Iran reportedly not ready for new face-to-face...
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.