Strait of Hormuz

FX Rate Updates

EUR/USD Holds Steady Under 1.1550 Amid Iran Tensions

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EUR/USD remains stable around 1.1540 during the early Asian session on Tuesday. Trump has reiterated the potential for assaults on critical infrastructure such as bridges and power plants. The US ISM Services PMI fell to 54.0 in March, underperforming relative to expectations. The EUR/USD pair remains stable at approximately 1.1540 in the early Asian session … Read more

Fx Rate Updates

Dollar Slips Against Yen as Middle East Tensions Rise

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In the early Asian session on Thursday, USD/JPY has declined to approximately 158.85. Iran has initiated its most significant operation since the onset of the conflict, enhancing safe-haven inflows. The US Consumer Price Index increased by 0.3% month-over-month in February, aligning with expectations. The USD/JPY pair is experiencing slight declines, hovering around 158.85 in the … Read more