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The U.S. dollar dropped to its lowest level since April 2022, driven by rising tensions in the Middle East and fragile trade relations between Washington and Beijing. As investors flocked to safe-haven assets, the global stock rally decelerated, with the MSCI All-Country World Index stagnating just below its record high.Oil prices briefly surged by 4% before retreating, influenced by the U.S.'s relocation of personnel from the Middle East due to increased security risks. The ongoing volatility in economic policies prompted concerns, as President Trump's tariffs and fluctuating trade relations...

The dollar's decline extended into Tuesday, as the Federal Reserve's cautious stance on the economic landscape and prospective U.S.-Japan dialogues weighed in. This marked a continuation of plummeting values after Moody's downgraded the U.S. sovereign rating, heightening traders' concerns over the nation's fiscal health.In focus are anticipated U.S.-Japan conversations, where Japanese Finance Minister Katsunobu Kato expects discussions with U.S. Treasury Secretary Scott Bessent to tackle currency volatility. Similar issues are likely to surface at the G7 finance meeting in Canada this week.While Australia's decision to cut interest rates saw...

Indian stock markets witnessed a subdued opening on Tuesday as benchmark indices remained nearly flat, with investors keeping a keen eye on impending global developments, especially the U.S. Federal Reserve's policy meeting commencing later today. Geopolitical tensions between India and Pakistan further tempered market sentiments, although the steady influx of investments from foreign portfolio investors (FPIs) provided some support to Indian equities.The Nifty 50 index initiated trading at 24,500.75, reflecting a rise of 39.60 points or 0.16 percent, while the BSE Sensex opened at 80,907.24, marking an increase of...

On Monday, the dollar teetered near a five-month low against major global currencies, grappling with the impact of President Donald Trump's unpredictable trade policies and feeble economic indicators from the U.S.Meanwhile, Germany's recent fiscal strategies have infused optimism into the euro, pushing it to a value of $1.0905 and nudging it towards a peak seen last week. The Japanese yen also showed marginal gains, reflecting a broader trend where the dollar struggles against its main counterparts.Observers point to a shift in currency market sentiments, driven by revised expectations on...