Australian Dollar Dives as Israel's Strike on Iran Shakes Markets

Peso back to weaker ₱56 level amid Israel-Iran conflict

The Philippine peso continued to weaken on Friday, June 13, slipping back to the ₱56 level against the United States (US) dollar due to Israel’s airstrikes against Iran’s nuclear program.The local currency further lost footing against the greenback to close the week at ₱56.21:$1. It declined by 32.5 cents from its ₱55.885 finish last Wednesday. Friday’s close was the peso’s weakest level since April 28, when it closed at ₱56.42.Markets were clos…

Rupee plummets 56 paise to 86.08 against US dollar in early trade

Rupee falls to 86.08 against USD due to global oil prices spike and Middle East tensions.

Australian dollar dives as Israel's strike on Iran shakes markets

The Australian dollar falls heavily against the US dollar, losing 1 per cent against the greenback in the space of a couple of hours on the news of Israel's air strikes on Iran. The Aussie is often seen as a proxy for global financial and political instability.

AUD/USD Falls Back Below 0.6500 With China’s Economic Data In Focus - Data Intelligence

The AUD/USD falls on rising geopolitical risks and a lack of fresh fundamental drivers in Australia.  The US Dollar gains after Israel attacks Iran’s nuclear facilities, impacting demand for the Australian Dollar. The pair continues to be influenced by monetary policy expectations of both the Reserve Bank of Australia and the Federal Reserve. The Australian Dollar (AUD) is weakening against the US Dollar (USD) on Friday, with price action being …

Geopolitical risk opens room for brief dollar rebound – ING

The post Geopolitical risk opens room for brief dollar rebound – ING appeared on BitcoinEthereumNews.com. The dollar is stronger across the board this morning after Israel attacked Iran’s nuclear facilities. The main transmission channel from this specific geopolitical risk and FX is the price of oil, which has rallied around 8% since the Israeli strike. In other conditions, the DXY rally would likely be much larger than the roughly 0.75% reboun…

New Middle East conflict sends jitters through market

Australia's share market has lost much of the week's gains, after Israel's attack on Iran proved a brutal reality check for risk sentiment.