U.S. Dollar Eases as Investors Weigh U.S.-Iran Tensions, Midterm Elections
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U.S. dollar eases as investors weigh U.S.-Iran tensions, midterm elections
The U.S. dollar weakened on Tuesday as investors assessed uncertainty surrounding tensions between Washington and Tehran and the U.S. midterm elections, while domestic policy developments put pressure on the Australian dollar and China’s yuan. The euro gained 0.14 percent to $1.1201, while the British pound edged 0.1 percent higher to $1.3421. The Japanese yen also […]
The dollar's index rose slightly during today's Tuesday dealings, amid market caution following a report that the US launched a strike on Iran's Qasim Island, along with the follow-up to the mid-term renewal election. Concerns associated with the US mid-renovation election continue to cast a shadow over the markets, as the wave of decline in the shares of technology companies continues, with the article entering a slight rise in the dollar's ind…
The US dollar recorded low fluctuations on Tuesday, after falling to the lowest level in the last month. In Asian markets, investors' attention went to Australia, where the rise in benchmark interest was followed by the depreciation of the national currency.
The US dollar continued to be traded on moderately weaker levels in the night, continuing the downward correction started at the end of last week. This movement reported the EUR/USD exchange rate to 1,1200. According to Lee Hardman, Senior Currency Analyst of MUFG Bank, the weakening of the dollar was accompanied by a fall in the price... Read more
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