U.S. Dollar Strengthens as Middle East Tensions Spur Safe-Haven Demand
The U.S. dollar gained as reports of attacks on oil tankers in the Strait of Hormuz prompted a flight to safety, overshadowing upcoming Federal Reserve policy cues.
Latest by Sofia Alvarez
Iraq Agrees to Tighter Controls to Resume U.S. Dollar Shipments
Baghdad has reportedly reached an agreement with the U.S. to resume physical cash deliveries, which were halted for four months, in exchange for stricter measures to prevent dollars from reaching Iran.
UBS Forecasts Norwegian Krone to Strengthen Against Euro by Mid-2027
Analysts at UBS are maintaining a bearish outlook on the EUR/NOK pair, projecting the Norwegian krone will appreciate over the next year despite a recent pullback driven by lower oil prices.
Dollar Eases as Oil Prices Retreat, Fed Minutes Show Divided Rate Outlook
The U.S. dollar edged lower as falling oil prices tempered inflation concerns and minutes from the Federal Reserve's June meeting revealed a more balanced debate on interest rates than markets had anticipated.
Dollar Slips as Oil Prices Fall and Fed Minutes Reveal Divided Rate Outlook
The U.S. dollar weakened as falling crude oil prices eased inflation fears and traders assessed Federal Reserve minutes that revealed a divided outlook on interest rates among policymakers.
Yen Jumps as Japan Signals Major Pension Fund Policy Shift
The Japanese yen strengthened significantly following reports that Tokyo may encourage its massive government pension fund to increase domestic investments, while the U.S. dollar posted a marginal weekly gain.
Liquid Mercury Registers MERC White Paper Under MiCA, Clearing Path for EU Trading
Liquid Mercury has registered its MERC token's white paper with European regulators, fulfilling a key requirement under the MiCA framework and enabling its admission to trading on regulated venues across the EU.
MOEX Russia Index Hits 3-Year Low, Closing Down 2.13% on Sector-Wide Weakness
Russia's benchmark stock index, the MOEX, fell 2.13% to a three-year low on Friday, dragged down by heavy losses in the mining and energy sectors. The decline was accompanied by a spike in market volatility and a weaker ruble.
Scribe Therapeutics Files for Nasdaq Initial Public Offering
The biotechnology company has submitted a registration statement to list on the Nasdaq Global Market under the ticker 'SCTX', though the size and price of the offering have not yet been disclosed.