The New Zealand dollar weakened against other major currencies in the late Asian session on Wednesday, as Asian markets traded lower, as surging crude oil prices renewed global inflationary pressures amid the re-escalation in the Middle East conflict following the U.S. rejection of Iran's peace proposal....
The New Zealand dollar weakened against other major currencies in the late Asian session on Wednesday. The NZ dollar fell to a 2-day high of 1.2189 against the Australian dollar, from an early high of 1.2143. Against the U.S. dollar, the kiwi dropped to 0.5936 from an early high of 0.5952. Against...
The U.S. Dollar value edged higher driven by oil-driven inflationary concerns brought on due to the impasse in U.S.-Iran conflict and reports of a possible fresh military offensive by the U.S. on Iran. In addition, stronger-than-expected April month's consumer price data supported the U.S. dollar.
The uncertain geopolitical situation in the Middle East, the spike in crude oil prices, inflationary pressures and hawkish monetary policy continued to dominate global market sentiment.
The U.S. Dollar value ended nearly flat after U.S. President Donald Trump rejected Iran's response to a U.S.-offered plan to end the gulf war. However, expectations of traders that the upcoming meeting between U.S. and Chinese premiers could yield a solution to the crisis capped the gains.
The Japanese yen weakened against other major currencies in the European session on Monday, due to worries about Japanese authorities intervening in the foreign exchange market. Concerns over Japan's economic future and rising oil prices continue to put pressure on the Japanese yen (JPY). Following...
Sentiment in world markets remains tethered to the geopolitical situation in the Middle East while the fresh uncertainty following President Trump's rejection of Iran's response to the American peace plan has dampened optimism.
The Japanese yen weakened against other major currencies in the European session on Monday. The yen fell to 5-day lows of 185.02 against the euro, 213.83 against the pound and 201.97 against the Swiss franc, from early highs of 184.53, 213.24 and 201.55, respectively. Against the U.S. and the...
The U.S. dollar extended losses against major currencies during the week ended May 8 despite data from the U.S. that showed a resilient job market. Fading safe haven demand dragged down the dollar amidst President Trump's assertion that the ceasefire between Washington and Tehran remained intact despite the recent flare-up in the Strait of Hormuz.
The U.S. dollar fell against its major counterparts in the New York session on Friday. The greenback fell to 2-day lows of 1.1787 against the euro and 1.3637 against the pound, from early 2-day highs of 1.1721 and 1.3547, respectively. The greenback dropped to near a 2-month low of 0.7761 against...
The U.S. Dollar value edges lower as expectations of an end to the gulf war continues to increase since U.S. offered Iran a peace deal which Iran is currently reviewing, boosting market sentiments and easing inflationary concerns.
The euro strengthened against other major currencies in the European session on Friday. The euro rose to a 4-day high of 0.8657 against the pound and a 2-day high of 184.50 against the yen, from early lows of 0.8640 and 183.94, respectively. Against the U.S. dollar and the Swiss franc, the euro...
The U.S. dollar climbed against its major counterparts in the New York session on Thursday. The greenback climbed to 1.1722 against the euro, 1.3548 against the pound and 156.95 against the yen. The greenback rose to 0.7808 against the franc, from an early nearly 2-month low of 0.7766. The currency...
The U.S. Dollar value advanced amid mixed reports indicating Iran attempting to assert control over the Strait of Hormuz while reviewing the U.S. memorandum to end the war.
The Indian rupee strengthened against the U.S. dollar in the European trading session on Thursday, amid renewed selling pressure on the price of oil in response to news reports that the Strait of Hormuz, a crucial route to about 20% of the world's energy supply, may soon reopen. Investors pinned...
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.