NY foreign exchange market: Dollar rises, safe-haven buying due to Iran's attack on Israel.
NY foreign exchange market: Dollar rises, safe-haven buying due to Iran's attack on Israel.
October 2, 2024, 5:13 AM GMT+9 (excerpt)
In the New York foreign exchange market, currencies considered safe assets rose after Iran launched missiles towards Israel. The dollar also received buying support from August's Job Openings and Labor Turnover Survey (JOLTS).
On the 1st, the Israeli military announced that Iran had launched missiles towards Israel. According to Israeli media, approximately 200 missiles were fired towards the country. Read more
Adam Button, Chief Currency Analyst at Forex Live (Toronto), pointed out that the market has largely ignored conflicts in the Middle East over the past month, but direct confrontation between Iran and Israel always carries the risk of escalation.
The dollar/yen is at 143.7 yen, down 0.04%. It was 144.53 yen before the reports of Iran's attack on Israel.
The dollar/Swiss franc is at 0.847 Swiss francs, up 0.2%. The Swiss franc initially rose after reports of missile launches, but later retraced back to levels near pre-report.
The dollar index is up 0.45% to 101.20.
October 2, 2024, 5:13 AM GMT+9 (excerpt)
In the New York foreign exchange market, currencies considered safe assets rose after Iran launched missiles towards Israel. The dollar also received buying support from August's Job Openings and Labor Turnover Survey (JOLTS).
On the 1st, the Israeli military announced that Iran had launched missiles towards Israel. According to Israeli media, approximately 200 missiles were fired towards the country. Read more
Adam Button, Chief Currency Analyst at Forex Live (Toronto), pointed out that the market has largely ignored conflicts in the Middle East over the past month, but direct confrontation between Iran and Israel always carries the risk of escalation.
The dollar/yen is at 143.7 yen, down 0.04%. It was 144.53 yen before the reports of Iran's attack on Israel.
The dollar/Swiss franc is at 0.847 Swiss francs, up 0.2%. The Swiss franc initially rose after reports of missile launches, but later retraced back to levels near pre-report.
The dollar index is up 0.45% to 101.20.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
