Home / Market Update / Forex Market (page 11)

Forex Market

Dollar Loses Wartime Safe-Haven Premium as Iran Peace Deal Fuels Euro and Pound Rally: Central Bank Bonanza Begins

Key Takeaways Dollar retreats: The DXY fell 0.2% to 99.52 — its third consecutive losing session — as the wartime safe-haven premium unwound. Euro and pound at weekly highs: Both currencies climbed to their strongest levels since June 5. Peace framework confirmed: Washington and Tehran agreed to end hostilities, lift …

Read More »

European Stocks Ignite at Record Highs as Iran-U.S. Peace Deal Electrifies Markets: Airlines Soar, Rate Hike Bets Crumble

Key Takeaways Stoxx 600 hits record: The pan-European index vaulted to a fresh all-time peak, extending Friday’s breakthrough rally. Broad-based surge: France’s CAC 40 rose 1.6%, Germany’s DAX gained 1.8%, Italy’s MIB advanced 2.5%, and the FTSE 100 climbed 0.9%. Trump confirms deal: The president announced Sunday that Washington and …

Read More »

Key Assets’ Outlook: Central Banks Take the Spotlight as Currency, Gold, and Oil React

Global financial markets are heading into a pivotal week, with major central bank decisions expected to shape currency movements, commodity prices, and overall investor sentiment. After a relatively calm period, traders are now bracing for policy signals that could redefine short-term market direction.US Dollar Softens Ahead of Key DecisionsThe US …

Read More »

US-Iran Peace Deal Nears Finish Line as Washington Signals Hormuz Reopening

Iran

Financial markets received a major boost after a senior US official indicated that Washington and Tehran are close to finalizing a landmark agreement that could significantly reduce tensions across the Middle East.According to the official, negotiators have made substantial progress and expect a formal agreement to be signed within the …

Read More »

Dollar Drifts Lower as Iran Deal Optimism and Soft Core PPI Ease Rate Fears: Euro Eyes Best Week in a Month

Key Takeaways Dollar weakens: The DXY ticked 0.1% lower in London trade, stabilizing after sliding to a one-week low overnight; on track for a 0.3% weekly loss. Euro near weekly high: EUR/USD hovered at its strongest level in a week, poised for its best weekly performance in over a month. …

Read More »

ECB Rate Hike Boosts European Stocks as Lagarde Signals Tough Inflation Stance

European stock markets closed mostly higher on Thursday after European Central Bank President Christine Lagarde and policymakers delivered another interest-rate increase, reinforcing their commitment to fighting inflation despite growing economic and geopolitical challenges.The move signaled that the ECB remains concerned about the inflationary impact of rising energy costs and ongoing …

Read More »