archiveEuropean Central Bank

Currencies

Antipodean Currencies Fall Amid Escalating Middle East Conflicts

The antipodean currencies such as the Australia and New Zealand dollars weakened against their major currencies in the European session on Tuesday, amid escalating Middle East tensions revived inflation and interest-rate concerns.Spot gold slipped 0.2 percent to $4,396.21 an ounce while U.S. gold futures were down 0.8 percent at $4,440.29 an ounce.The U.S. dollar index was marginally higher, recovering early losses as investors kept a close eye on developments in the Middle East and looked forward to the release of crucial U.S. inflation data this week, which could influence expectations...
Currencies

Commodity Currencies Fall As Crude Oil Prices Drop

The commodity-linked currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the European session on Thursday, as the crude oil prices dropped giving up earlier gains on hopes that U.S.-Iran peace negotiations could resume.Brent crude futures for August delivery were down 0.8 percent at $92.32 a barrel, reversing gains from earlier in the session after the U.S. military said that it had 'completed' its latest round of airstrikes targeting Iran. WTI crude futures fell half a percent to $89.54. Subscribe to continue...
1 2
Page 1 of 2