European Airline Shares Slide as Oil Soars on Iran Tensions
Source: Investing.com News
Category forex
Gbp/jpy Rises to Near 214.60 as Yen Underperforms at the Start of the Week
The GBP/JPY pair trades higher to near 214.60 during the European trading session on Monday. The pair gains as the Japanese Yen (JPY) underperforms its peers amid uncertainty surrounding the Bank of Japan’s (BoJ) interest rate decision, which will be announced on April 28.
DXY: New Range Forms as Conflict Risk Lingers – ING
ING’s Chris Turner notes the US Dollar (USD) briefly weakened after news that the Strait of Hormuz was fully open, implying US Dollar Index (DXY) around 97.50/98.00 and EUR/USD just over 1.18 if the crisis were resolved.
European Stocks Slip Amid Reignited U.s.-iran Tensions
Source: Investing.com News
European Shares Set to Open Lower as Hopes for Us-iran Peace Fade
European shares set to open lower as hopes for US-Iran peace fade Reuters
US Dollar Index Holds Gains Near 98.50 Due to Renewed Middle East Tensions
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is experiencing volatility and holding gains around 98.30 during the Asian hours on Monday.
Eur/gbp Edges up Above 0.8700 with Uk’s PM Starmer in Question
the Bank of England with some margin
JPY: Yen Weakens as Rate Hike Expectations Fade – MUFG
MUFG’s Teppei Ino reviews Japanese Yen's (JPY) performans, with noting the USD/JPY pair briefly tested 159.86 before retreating on shifting risk sentiment.
Usd/inr Gains as Renewed Mideast Conflicts Boost Oil Prices
The Indian Rupee (INR) trades lower against the US Dollar (USD) at the start of the week. The USD/INR jumps to near 92.80 as renewed tensions between the United States (US) and Iran have lifted the oil prices and offered support to the US Dollar (USD).
Silver Price Forecast: Xag/usd Declines to Near $79.30 as Iran Closes Hormuz Again
Silver price (XAG/USD) is down 1.7% to near $79.30 during the early European trading session on Monday.