Conflict in the Middle East Turns up the Pressure on the U.S. Petrodollar System

Conflict in the Middle East turns up the pressure on the U.S. petrodollar system

What happens to financial and strategic assumptions if U.S. dollar dominance gradually erodes?

Global Companies Could Cut Funding Costs With More Yuan Use

Global Companies Could Cut Funding Costs With More Yuan Use - Mismatch between yuan exposure and debt suggests room for cheaper financing, according to Standard Chartered

US Dollar Index (DXY): Technical Picture as Inflation and Geopolitical Uncertainty Loom - ActionForex

The US dollar and oil prices experienced intense volatility due to Middle East tensions, initially spiking after strikes on Iran but cooling after optimistic remarks from President Trump. The upcoming US CPI print, which is expected to show headline inflation holding steady at 2.4% may be overshadowed. US Dollar bulls eye acceptance above the 99.57 […] The post US Dollar Index (DXY): Technical Picture as Inflation and Geopolitical Uncertainty Lo…

EUR/USD softens below 1.1650 as Middle East turmoil boosts US Dollar

EUR/USD Chart Analysis: Pair Rebounds from the Year’s Low

Analysing the EUR/USD chart five days ago, we:→ constructed a downward channel, noting signs that the bears remained in control;→ outlined a scenario in which the rate would decline to a new yearly low (and test the lower boundary of the channel).Yesterday’s price action confirmed these assumptions – the low at H is below the low of 3 February (F), refining the lower boundary of the channel. At the same time, the sharp upward reversal (shown by …