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.
Zimbabwe’s ZiG (ZWG) Currency Is Undervalued by Nearly Half, Governor Says Bloomberg.com
The USD/CAD pair holds its Friday’s recovery move around 1.3700 during the late Asian trading session on Monday.
Source: Investing.com News
European defence stocks cool as investors reassess war winners Reuters
Source: Investing.com News
Taiwan Weighs US Dollar Dividend Payouts for Listed Companies Bloomberg.com
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