USD Gains, Oil Surges Above $90 as US-Iran Conflict Reignites
The dollar rose across the board, Treasury yields increased, and stocks fell as renewed US-Iran fighting pushed crude above $90, adding to inflation concerns.
The dollar rose across the board, Treasury yields increased, and stocks fell as renewed US-Iran fighting pushed crude above $90, adding to inflation concerns.
Canadian PM Carney demands US stop memes before trade talks resume. Retaliatory tariffs set for Sept 8.
US dollar strengthens to new highs against major currencies, supported by rising oil and yields amid Middle East tensions after Trump said US strikes Iran.
Carney said Canada never believed it had a trade deal with the US and criticized US officials' insults.
The US dollar strengthens against all major currencies as Treasury yields rise, with the euro zone core inflation easing and markets eyeing a September rate…
Reuters expects the PBOC to set the yuan reference rate at 6.7170, a key signal for Asian FX markets.
Bessent said the Fed should not hike into a supply shock, citing restrained inflation and AI productivity boom. His remarks followed Warsh's Jackson Hole…
Inflation in Argentina has slowed dramatically, but years of savings losses have created a deep dollar habit. Economist Tetaz says regaining peso trust will…
Indian rupee recovered on suspected RBI intervention after Friday's selloff. Strong dollar and oil prices remain headwinds.
Banks offer conflicting month-end flow signals; analysts say impacts may be mild but uncertain.
Yen weakens past 160 per dollar for first time since record $98.7 billion intervention, as Warsh's hawkish signals overshadow Bessent's reassurance.
PBOC is expected to set the yuan reference rate at 6.7344 per dollar, according to a Reuters poll. The fixing is a key policy signal.
Treasury Secretary Bessent denies a US loan to Japan, detailing a yen asset swap instead of debt.
The US dollar rose after Fed Chair Warsh's hawkish remarks; market sees 46% chance of September rate hike.
Currency pairs near technical levels ahead of Fed Chair Warsh's speech; yields edge higher.