Rupee slumps as elevated crude, Treasury yields support dollar.A raft of measures aimed at supporting the currency battered by the impact of the months-long Iran war had boosted the rupee to its best day in two months on Friday.
Dollar Index Hits Nine-Week High on Growing Fed Rate Hike Prospects and Geopolitical Tensions.The dollar keeps firm tone and hits new nine-week high on Monday, extending Friday's rally (dollar was up 0.65%) and probed above psychological $100 barrier for the first time since early April.
Trump: Both sides, Israel and Iran, are looking to do an immediate CEASEFIRE!.Both sides, Israel and Iran, are looking to do an immediate CEASEFIRE! Final negotiations on “Peace” are proceeding, subject to ignorance or stupidity getting in its way.
Iran is prepared for a prolonged conflict with Israel and for strikes against US interests.Iran has signalled that it is prepared for a prolonged confrontation with Israel and warned that US interests in the region could also come under threat.