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
European shares set to open lower as hopes for US-Iran peace fade Reuters
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.
the Bank of England with some margin
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.
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 (XAG/USD) is down 1.7% to near $79.30 during the early European trading session on Monday.
The AUD/JPY cross loses ground near 113.65 during the early European session on Monday. Renewed tensions between the United States (US) and Iran provide some support to a safe-haven currency such as the Japanese Yen (JPY) against the Aussie.
European stocks are expected to start the new trading week on a somber note as traders assess a re-acceleration in U.S.-Iran tensions.
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The USD/CAD pair holds its Friday’s recovery move around 1.3700 during the late Asian trading session on Monday.
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