Iran

6 articles

Uganda Shilling Nears Record Low as Dollar Demand Rises

Uganda's shilling is under renewed strain as commercial banks quote weaker rates and businesses rush to secure dollars, putting the currency at risk of hitting its lowest level ever against the US dollar amid ongoing uncertainty in Iran.

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Iran Signals Currency Resilience Amid US Sanctions and Rial Volatility

Iran's central bank says it can support the rial despite US sanctions, with up to $2 billion ready for intervention. The move comes as the currency faces record lows and inflation pressures, raising questions about the country's economic stability.

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Australian Dollar Eyes Recent Highs as Global Risk Appetite Improves

The Australian dollar is approaching its short-term peak, buoyed by a shift toward riskier assets, falling oil prices, and reduced Middle East tensions, with investors watching key support and resistance levels in major currency pairs

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Global Bond Markets Stall as US Plans Sweeping Iran Sanctions

Government bond yields in Europe and Japan paused after weeks of volatility, as investors await new US sanctions on Iran and signals from central banks. The risk of further disruption to energy flows and inflation remains a key concern for markets

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US Dollar Holds Near Three-Month Lows Amid Trade and Sanctions Risks

The US dollar remains under pressure as markets weigh the impact of renewed trade tensions with Canada and the threat of expanded sanctions on Iran, raising questions about the dollar's traditional yield advantage and global currency stability

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Yen Holds Above Intervention Lows as US and Japan Act to Stabilize

The Japanese yen remains well above its recent four-decade low after rare joint intervention by the US and Japan. Market attention now turns to the durability of this support and the broader impact on Asian financial stability.

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