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 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...
The U.S. Dollar value edged lower after U.S. President Donald Trump announced that the peace talks with Iran are showing good progress. In addition, media reports hinted that Iran is reviewing a one-page memorandum on ending the hostilities completely.
The Japanese yen strengthened against other major currencies in the Asian session on Wednesday, amid potential large-scale government actions. During the current Golden Week festivities, Japanese Finance Minister Satsuki Katayama issued a warning about "decisive measures" against speculative actions. After...
The Japanese yen strengthened against other major currencies in the Asian session on Wednesday. The yen rose to a 1-1/2-month high of 182.05 against the euro, from an early 6-day low of 185.04. Against the U.S. dollar, the yen advanced to a 2-1/2-month high of 155.04 from an early low of 157.89....
The U.S. Dollar value changed a little as the U.S. initiative to free up the blocked traffic in the Strait of Hormuz due to the U.S.-Iran war moves to the second day while the U.S. and Iran
The Australian dollar retreated from recent highs against other major currencies in the Asian session on Tuesday, despite the Reserve Bank of Australia raised its key interest rate by a quarter-point as risks to inflation remain tilted to the upside. The policy board, governed by Michele Bullock,...
The U.S. Dollar value inches lower amid renewed escalation in the Strait of Hormuz crisis that pushed crude oil prices higher and sparked inflationary concerns once again lowering the risk appetite for investors.
The Canadian dollar weakened against other major currencies in the Asian session on Monday, as the decline in crude oil prices following the commencement of Operation Freedom by President Trump. Traders remain cautious amid the uncertainty prevailing around the peace proposal to end the Middle East...
The U.S. Dollar value ticked higher with the Strait of Hormuz continuing to remain closed keeping inflationary concerns alive amid reports of Iran sending a fresh peace proposal to the U.S. to end the gulf war eased escalation tensions which capped the gains.
The Japanese yen strengthened against other major currencies in the European session on Thursday, as Japanese Finance Minister Satsuki Katayama issued a clear intervention warning. Katayama confirmed that the "timing for decisive action is near" and that the Japanese government is moving closer to...
The U.S. Dollar value edged higher as an agreement to find a permanent solution to the U.S.-Iran conflict still remains out-of-reach keeping the Strait of Hormuz blocked for oil transit.
The New Zealand dollar weakened against other major currencies in the European session on Wednesday, after the dovish comments by the Reserve Bank of New Zealand (RBNZ) Governor Anna Breman. The RBNZ Governor Breman said that "the first quarter measures of core inflation have remained stable within...
The U.S. Dollar value ticked higher as focus of investors shifts to the revised plan Iran is preparing to send to the U.S. in an effort to end the two-month-long gulf war after reports indicated that the U.S. rejected Iran's earlier proposal.
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.