Iran War Pushed Dollar Up as Stocks Crash – Orbex Forex Trading Blog

The Australian economy expanded 0.6% quarter-on-quarter in Q2 2025, surpassing expectations for a 0.5% growth figure and also seeing an upgrade for the earlier period. On a year-on-year basis, the economy grew 1.8% in the June quarter, marking the fastest pace of growth since September 2023. In addition, the previous GDP figure was revised higher…

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The US stocks rose on Friday. This was helped by a stronger-than-expected employment report and renewed optimism about trade negotiations between the US and China. At the end of Friday, the Dow Jones Index (US30) rose by 1.05% (+1.30% for the week). The S&P 500 (US500) rose by 1.30% (+1.76% for the week). The Nasdaq…

Commodity-linked currencies have entered a consolidation phase following recent directional moves, as market participants adopt a wait-and-see approach ahead of key US labour market data. Current price action reflects a balance between ongoing demand for the US dollar and attempts at a corrective rebound amid an uncertain fundamental backdrop. Geopolitical tensions remain an additional factor…