Renewed geopolitical risks continued to rattle global market sentiment amidst the escalated attacks on oil and transport infrastructure across the Middle East. Inflation concerns mounted amidst the persistent rise in crude oil prices.
The Indian rupee weakened against the U.S. dollar in the early European session on Thursday, as market mood was affected by uncertain oil prices and poor domestic stocks. Shipping delays in the key Strait of Hormuz cause oil prices to soar. Crude continued to rise as big economies' synchronized...
The Australian dollar weakened against other major currencies in the Asian session on Thursday amid increasing risk-off sentiment by the investors, as the joint U.S.-Israeli strikes against Iran continue unabated, leading to a fresh surge in crude oil price that reinforced global inflationary concerns....
The Australian dollar weakened against other major currencies in the Asian session on Thursday. The Australian dollar fell to a 2-day low of 0.7111 against the U.S. dollar, from yesterday's closing value of 0.7152. Against the yen and the euro, the aussie slipped to 113.12 and 1.6236 from Wednesday's...
The U.S. dollar climbed against its major counterparts in the New York session on Wednesday. The greenback climbed to 2-day highs of 1.1560 against the euro, 1.3393 against the pound and 0.7808 against the franc. The greenback advanced to a 1-1/2-month high of 158.97 against the yen. The currency...
Sentiment in global markets remains dominated by concerns about the Middle East war as well as the update to inflation due from the U.S. on Wednesday morning.
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, amid rising speculations that the Reserve Bank of Australia or the RBA will raise interest rates next week. In reality, despite worries about a possible war-related spike in inflation, RBA Deputy...
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday. The Australian dollar rose to a 36-year high of 113.54 against the yen and more than a 1-1/2-year high of 1.6208 against the euro, from yesterday's closing quotes of 112.53 and 1.6308, respectively....
The U.S. dollar recovered against its most major counterparts in the New York session on Tuesday. The greenback recovered to 1.1605 against the euro, 1.3413 against the pound and 0.7793 against the franc, from an early 1-week low of 1.1667, near 2-week low of 1.3483 and an 8-day low of 0.7740, respectively. The...
The plunge in crude oil prices following comments by President Trump about the likely end of the Middle East war triggered mixed sentiment in major markets.
The Australian dollar strengthened against other major currencies in the European session on Tuesday, as China's trade surplus increased more than anticipated at the start of 2026, due to a significant rise in exports. The official data showed that China's exports registered a double-digit growth...
The Australian dollar strengthened against other major currencies in the European session on Tuesday. The Australian dollar rose to more than a 1-year high of 1.6387 against the euro and a 5-day high of 0.9636 against the Canadian dollar, from early lows of 1.6460 and 0.9591, respectively. The...
The U.S. dollar fell against its major counterparts in the New York session on Monday. The greenback fell to a 4-day low of 1.1637 against the euro and a 1-week low of 1.3447 against the pound, from an early 3-1/2-month high of 1.1507 and a 6-day high of 1.3283, respectively. The greenback dropped...
The massive spike in crude oil prices amid production cuts from major Middle Eastern producers and disruptions in the Strait of Hormuz has alarmed global markets, renewing worries about mounting inflation and weakening global economic growth.
The U.S. Dollar rallied emphatically against major currencies during the week ended March 6 amidst a dramatic escalation in the U.S.-Iran conflict.
March 06, 2026 13:56 ET The week saw a drastic escalation of the war in the Middle East that raised concerns over the effect on crude oil prices and global trade. In economic news, survey data threw light on the trends in the U.S. private sector and labor market. Euro area inflation data and house price survey results in the U.K. were the highlights in Europe. In Asia, China setting its growth target for the year attracted attention.