Hormuz Shipping Traffic Drops to Two-Month Low Amid Iranian Attacks

Hormuz Shipping Traffic Drops to Two-Month Low Amid Iranian Attacks

Traffic through the Strait of Hormuz has dropped to its lowest point in two months, according to a ship-tracking service and insurance broker on Monday. This decline follows a series of missile and drone attacks by Iran on commercial vessels, and the U.S. responding with airstrikes. Kpler, a maritime information firm, observed that as tensions […]

US Dollar softens from two-month peak as Middle East tensions cool down

US Dollar softens from two-month peak as Middle East tensions cool down

Market Update for June 9th On Tuesday, the US dollar (USD) slipped from a two-month peak, settling at approximately 99.85 during early trading in Europe. This shift follows a reduction in hostilities in the Middle East. Traders are now looking ahead to the release of the U.S. Consumer Price Index (CPI) inflation report on Wednesday, […]

Yen reaches 160, while the dollar falls from a two-month peak during Iran discussions

Yen reaches 160, while the dollar falls from a two-month peak during Iran discussions

Market Update NEW YORK, June 4: The dollar has decreased from a two-month peak, especially as the Japanese yen hit a notable 160 yen mark. This situation has left markets on edge about potential intervention while fostering some hope for a ceasefire in Lebanon. On Thursday, Lebanese President Joseph Aoun announced that a ceasefire with […]

Gold drops to a two-month low as its role as an inflation safeguard diminishes.

Gold drops to a two-month low as its role as an inflation safeguard diminishes.

Gold Prices Dip to Two-Month Low Amid Market Uncertainty A gold bar weighing 1000 grams is being showcased at the Austrian Gold and Silver Refinery in Vienna. This was highlighted on February 3, 2026. On Thursday, gold prices dropped to their lowest point in two months, driven by mounting uncertainty related to the ongoing conflict […]

US Dollar Index Price Prediction: Drops towards two-month lows around 97.50

US Dollar Index remains under 97.00 after China called for limits on Treasury holdings

The US dollar index (DXY), which reflects the strength of the US dollar (USD) against a basket of six key currencies, has seen a decrease for the second consecutive day, hovering around 97.90 during European trading hours on Thursday. A quick look at the daily chart reveals that the dollar index appears flat within a […]

Bitcoin Reaches Two-Month Peak as CPI Stabilizes and Short Covering Increases

Bitcoin Reaches Two-Month Peak as CPI Stabilizes and Short Covering Increases

Bitcoin Rises to Two-Month High Amid Economic Developments Bitcoin continued its upward trajectory on Tuesday, reaching a two-month peak, as U.S. corporate earnings showed signs of improvement and investors took in new inflation data. The largest cryptocurrency gained approximately 4.5% during the day, trading at just over $95,500, based on CoinGecko’s figures. This marks its […]