US Dollar Index remains flat after Trump’s recent Iran threats

US Dollar Index remains flat after Trump’s recent Iran threats

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining steady after two days of gains and trading around 98.30 during the Asian hours on Wednesday. The Greenback gains ground on the volatile geopolitical climate in the Middle East following recent comments from US President […]

US President Donald Trump says trade will be priority in summit with Xi, not Iran

US President Donald Trump says trade will be priority in summit with Xi, not Iran

US President Donald Trump said that he would prioritize trade discussions during his summit with Chinese President Xi Jinping and downplayed the amount of attention they would devote to the Iran war, Bloomberg reported on Tuesday. Key quotes We’re going to be talking to President Xi about a lot of things. I would say, more […]

Range holds as Malaysia outperforms – Commerzbank

Range holds as Malaysia outperforms – Commerzbank

Commerzbank strategists note that USD/MYR has remained in a 3.90–4.05 range since the Middle East conflict began. Malaysia’s March industrial production grew 3.1% year-on-year, supported by strong manufacturing and electronics despite weaker mining. They highlight that MYR is the best-performing Asian currency this year, helped by Malaysia’s net energy exporter status. Stable range with MYR […]