Keywords: US dollar


Gold plunges as surging dollar dominates safe haven demand

Gold prices recorded their sharpest one day drop of 2026 on Tuesday, falling more than 4 percent as the US dollar strengthened amid escalating tensions linked to the conflict involving Iran. The move came just one day after gold had surged above $5,390 per ounce on heavy safe haven buying triggered by......

Gold plunges as surging dollar outweighs Middle East war premium

Gold and silver recorded their steepest single session declines of 2026 on Tuesday as a surge in the U.S. dollar and rising Treasury yields outweighed safe haven demand driven by the escalating Middle East conflict. Gold fell more than 4 percent during trading, briefly dropping below $5,000 per ounce......

Dollar gains momentum as Fed turns hawkish and Iran tensions flare

The US dollar is set for its first monthly gain since October, supported by renewed geopolitical risks and a more assertive stance from the Federal Reserve. The dollar index rose near 97.65 late Friday, up between 0.6 and 1.4 percent against major global currencies, reflecting investors’ sharp......

Ing report warns dollar’s safe‑haven aura is fading

The U.S. dollar has surrendered part of its traditional crisis‑hedge appeal since 2024, according to a fresh ING study, even as global investors broadly continue to hold dollar assets. The bank’s research, released on Monday, concludes that the shift looks cyclical rather than a permanent loss......

US dollar hits four-month low amid political turmoil flight

The U.S. dollar index plunged to 97, its lowest in four months, on Monday as speculation mounted over potential joint U.S.-Japanese currency intervention and investors shed dollar-denominated assets amid lingering uncertainty from the Trump administration. The greenback's drop extended a rough week,......

Emerging markets hit record highs amid Venezuela crisis

Emerging market stocks surged to unprecedented levels on Monday and Tuesday, defying expectations as investors brushed aside the geopolitical storm from the U.S. military's capture of Venezuelan President Nicolás Maduro and instead bet on artificial intelligence momentum and a weakening U.S.......

Iranian currency hits historic low against dollar after UN sanctions return

The Iranian national currency, the rial, hit a historic low against the US dollar on Sunday morning following the reinstatement of UN sanctions, according to several currency tracking websites. Informal market rates indicate that one dollar is exchanging for approximately 1.12 million rials, while one......

Morocco’s dirham strengthens against dollar, slips slightly versus euro in July

The Moroccan dirham exhibited mixed performance in July 2025, strengthening by 1.3% against the US dollar while depreciating by 0.2% against the euro, according to the latest economic review by Bank Al-Maghrib (BAM). These shifts coincided with a 1.5% rise in the euro’s value against the dollar. The......

Brics nations advance de-dollarization, reshaping global financial order

A growing movement among Brics nations to reduce reliance on the US dollar in global trade is challenging longstanding American financial dominance. By adopting local currencies for international transactions, the alliance of emerging economies is reshaping the global financial landscape and provoking......