Dollar hits one-week high as Middle East tensions reignite

Dollar hits one-week high as Middle East tensions reignite
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Dollar hits one-week high as Middle East tensions reignite
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Yang Jiyuan revives ancient Chinese silk art, blending tradition, innovation, and passion to preserve cultural heritage. Beijing, China, July 06, 2025 (GLOBE NEWSWIRE) — With her short hair and bubbly personality, Yang Jiyuan is a bit of a pleasant mystery. She admittedly loves cats and toys packed in blind boxes in her daily life. But…
When you imagine forex trading, you might not picture a musician meticulously tuning their instrument or practicing scales. But the truth is, the journey to mastering forex trading shares a surprising number of similarities with the journey musicians take to master their craft. A strong forex trading mindset requires patience, intuition, and consistent practice—just like…
After all, without a concrete resolution to the still-blockaded Strait of Hormuz and a real, long-term guarantee that the conflict won’t escalate further, Markets cannot rally. Traders need trust to return to persistent buying of already elevated valuations. Particularly given that Wall Street fiercely held the initial rise in WTI and the US Dollar, it…
This week delivered something rare in modern markets: six of the world’s biggest central banks announced their policy decisions within days of each other. The RBA on Tuesday, the Fed on Wednesday, then the Bank of Japan, European Central Bank, Bank of England, and Swiss National Bank all landed on Thursday. Five held rates. One…
Commodity-linked currencies continue to strengthen, while the US dollar remains under pressure amid easing geopolitical tensions and a shift in investor preference towards riskier assets. Reports of a temporary ceasefire between the US and Iran have helped stabilise sentiment and reduced demand for safe-haven assets, supporting currencies sensitive to the global economic cycle, including the…
The Financial Conduct Authority (FCA) said Friday that it has fined Sigma Broking Limited £1,087,300 for failing to submit accurate transaction reports over a five-year period. The regulator revealed that between December 2018 and December 2023, Sigma submitted nearly 925,000 incorrect reports, representing almost all of its transactions during that time. The FCA said the…