Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

UNCOVERED: Dollar slips on hopes for us iran peace talks to resume - Caught on Camera

Iran United States Donald Trump Axios Oil Strait of Hormuz Gold BOJ ECB PBOC

The dollar index (DXY00) on Monday fell by -0.05%.  The dollar fell from a 2.5-week high on Monday and finished lower after Axios reported that Iran has offered a new proposal to reopen the Strait of Hormuz.  The dollar initially moved higher in overnight trade after President Trump canceled planned negotiations with Iran in Pakistan.  Higher crude oil prices on Monday increased inflation expectations, a hawkish factor for Fed policy, and positive for the dollar. 

Heightened US-Iran tensions are boosting demand for the dollar as a safe-haven.  The US and Iran are locked in a battle for control of the Strait of Hormuz, with both sides blocking the waterway to gain leverage during an extended ceasefire. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
A new kind of coffee cup? Scientists invent new design that keeps plastics out of your brew
Microplastics have been found in our brains, hearts, sex organs and lungs
The Independent UK
The Independent UK
Why do Siamese cats have dark points? The science behind colourpoint markings
A Siamese kitten enters the world pale, almost cream, with no trace of the dark mask it will wear as an adult. Within weeks, the ears darken. The face follows. The paws and tail deepen last. Nothing about the cat's DNA changed, the gene for dark pigment was always there.…
Times Pets
Times Pets
Boiled chicken and rice for a dog's upset stomach: when it helps and when it isn't enough
When a dog vomits once or passes a loose stool after raiding the kitchen bin, most owners reach for the same solution: a pot of boiled chicken and plain white rice. It works often enough that it has become reflex. The question worth asking is what it actually does, when…
Times Pets
Times Pets
Katy Perry Was Almost Mentioned at Russell Brand's Rape Trial: Why Prosecutors Left Her Out
Katy Perry was omitted from prosecutors' opening remarks at Russell Brand's London rape trial after defence submissions, with officials saying she was not involved as a witness.
International Business Times UK
International Business Times UK
Russell Brand’s Police Interrogation Footage Released As Chilling Details From His Questioning Emerge
Newly released police interrogation footage shows Russell Brand denying non-consensual intimate activity and responding to allegations detectives presented during questioning.
Bored Panda
Bored Panda
30 Years Later, Star Trek’s Silliest Episode Remains One Of Its Best
To celebrate 'The Original Series,' 'Deep Space Nine' went back to the fuzzy future.
Inverse
Inverse
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play