Euro declines below 1.1600 on US-Iran war worries

The EUR/USD pair loses traction to around 1.1575, snapping the three-day winning streak during the early European session on Tuesday. The Euro (EUR) edges lower against the US Dollar (USD) as traders remain cautious abo…

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The Japanese Yen is losing to its own import bill

USD/JPY sat near 159.50 through Monday inside a 75-pip range for a net gain of 10 pips, on the day the Dollar Index broke beneath its 200-day Exponential Moving Average (EMA) to its weakest level since June. Every other…

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US Treasury yields surge as 30-year hits 2007 high

US Treasury yields advance on Monday during the North American session after reversing their course following the release of US Retail Sales data last week, which disappointed investors. Meanwhile, the lack of news from…

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Indian Rupee: RBI move tightens liquidity – BNY

BNY’s Geoff Yu notes that India’s bonds sold off after the Reserve Bank of India (RBI) unexpectedly advanced closure of its special Dollar deposit window to end-August. The change reduces anticipated Indian Rupee (INR) …

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