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Dollar Slides to 4-Week Low as US-Iran Ceasefire Dents War's Most High-Profile Haven
Summary by Live Mint
13 Articles
13 Articles
Dollar slides to 4-week low as US-Iran ceasefire dents war's most high-profile haven
Bloomberg’s gauge of the greenback slid as much as 0.9% to a four-week low as the agreement drove down Treasury yields, further trimming demand for the currency. The dollar weakened the most against its risk-sensitive counterparts such as the South African rand and South Korean won.
·New Delhi, India
Read Full ArticleDollar Tumbles and Gold Surges on US-Iran Ceasefire
The dollar index (DXY00 ) is sharply lower today by 1.13% at a 4-week low. The dollar is plummeting today after the US and Iran agreed to a ceasefire, curbing safe-haven demand for the dollar. Also, today's surge in equity markets has reduced liquidity demand for the dollar. In addition,...
Coverage Details
Total News Sources13
Leaning Left1Leaning Right1Center1Last UpdatedBias Distribution34% Left, 33% Center, 33% Right
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left
L 34%
C 33%
R 33%
Factuality
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