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LN24 > Blog > forex market news
18
Mar

Dollar Softens as Cooling Oil Rally Boosts Global Risk Sentiment

  • LN24 / 1 month
  • 0
  • 2 min read

The U.S. dollar edged lower in global markets on Wednesday as a pullback in oil prices helped improve investor sentiment, prompting a shift toward riskier assets including equities and emerging market currencies. The decline follows weeks of volatility driven by rising crude prices, which had previously fueled inflation concerns and strengthened the dollar as investors […]

02
Mar

FOREX: US Dollar Gains as Iran Conflict Fuels Safe-Haven Demand and Higher Oil Prices

  • LN24 / 2 months
  • 0
  • 2 min read

The U.S. dollar strengthened against major global currencies on Monday as escalating conflict in the Middle East drove investors toward safe-haven assets and pushed crude oil prices sharply higher. The U.S. dollar index (DXY) which measures the greenback’s value against a basket of other major currencies rose around 0.5%, reaching its highest level in about […]