On Monday, the US dollar strengthened slightly, while the Australian and New Zealand dollars fell. The Indian rupee should

The US dollar strengthened slightly on Monday as anxious investors sought safety, although the movements so far have been subdued, suggesting that markets were waiting for Iran's response to American attacks on its nuclear sites. which have exacerbated tensions in the Middle East. On the foreign exchange market, the dollar has generally advanced against most of its competitors. It rose by 0.25% against the Japanese yen to 146.415, after reaching a one-month high at the start of trading

Australian and New Zealand dollars fell along with global equities on Monday after the United States bombed nuclear facilities in Iran, despite finding some chart support to rely on and rebounding from previous lows. Investors were eagerly waiting to see if Iran would retaliate by shutting down the Strait of Hormuz through which about 20% of daily global oil and gas demand transits, with the resulting risks to global activity and inflation

The Chinese yuan fell to its lowest level in three weeks against the dollar on Monday as investors rushed to assets perceived as safe havens and await Iran's response to American attacks on its nuclear sites that have significantly exacerbated tensions in the Middle East.

The onshore yuan fell to a low of 7.1950 per dollar, its lowest level since June 3, before trading at 7.1877 at 03:50 GMT. Its offshore counterpart lost around 0.13% in Asian trade to 7.1880 per dollar. The dollar/yuan pair “seems to have formed a rounded bottom, potentially rising thanks to the dollar's overall gains,” Maybank analysts said in a

The Indian rupee is expected to open lower on Monday, under pressure from rising crude oil prices and a sense of risk aversion following American military action against Iran. Undeliverable futures indicate that the currency will open at around 86.75-86.80 per dollar, up from 86.5850 in the previous session. The rupee, which had taken a short break on Friday, is unfortunately facing American-Iranian news, said a bank trader, “and we are back to