News
Dollar up on safe-haven boost; fiscal worries weigh on pound, yen at 40-year low
The U.S. dollar on Tuesday hit its highest level in over a week, helped by elevated Treasury yields and safe-haven demand sparked by continued fighting in the Middle East. Meanwhile, the Japanese yen once again plumbed its weakest level against the greenback since 1986.
At 16:02 ET (20:02 GMT), the U.S. dollar index, which measures the greenback against a basket of six major peers, rose 0.2% to 101.17, its highest since July 13.
Gold marginally lower amid firmer dollar as U.S.-Iran tensions escalate further
Gold prices were slightly lower on Monday, as the dollar strengthened after tensions in the Middle East showed no signs of abating. Washington kept up a bombardment against Iran for a tenth straight day, while President Donald Trump said Tehran would ’pay’ for the killing of three U.S. service members.
Bitcoin tops $65k, but escalating Iran tensions and rate jitters cap gains
Bitcoin ticked up on Monday to top $65,000 after moving little over the weekend as caution over worsening U.S.-Iran tensions and rising interest rates left markets largely averse towards cryptocurrencies.
Oil rises about 1% as Trump says Iran will ’pay’ for death of U.S. service members
Oil prices on Monday ticked up about 1% in a volatile session, as tensions between the U.S. and Iran escalated further and President Donald Trump said Tehran would ’pay’ for the killing of three American service members. Gains were capped amid reports that mediators had sent Iran a proposal to de-escalate the situation.

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