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Dollar Surges to One Week High After US Iran Peace Talks Collapse

Dollar Surges to One Week High After US Iran Peace Talks Collapse

The US dollar edged higher to a one-week peak in Asian trade as markets turned cautious after scheduled US-Iran peace talks were reported to have collapsed. Traders linked the move to skepticism surrounding President Donald Trump’s indefinite ceasefire extension announcement, boosting demand for the dollar as a safe haven amid ongoing uncertainty.

Summarised by Beize from a story on Republic on 24 Apr 2026
Dollar Holds Near Two Week High as Oil Surges Past 100 on Hormuz Tensions

Dollar Holds Near Two Week High as Oil Surges Past 100 on Hormuz Tensions

The US dollar hovered near a 1.5-week high as Middle East peace talks stalled and Iran US tensions deepened, pushing crude back above $100 a barrel. Investors stayed cautious as the conflict around the Strait of Hormuz escalated, including Iran seizing ships, while expectations for a Fed rate cut faded in response to the shock.

Summarised by Beize from a story on Republic on 24 Apr 2026

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Dollar set for a comeback as resilience and geopolitics tilt the odds for buyers

Dollar set for a comeback as resilience and geopolitics tilt the odds for buyers

The U.S. dollar’s recent slide may be nearing an end as economic resilience, easing fears around policy, and geopolitical shifts strengthen the currency’s outlook. Traders are watching the Dollar Index trend toward 100 to 102, signaling firmer fundamentals. That could put pressure on the Indian rupee, with both global and domestic factors building a case for depreciation.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Rupee jumps nearly 2 percent as RBI cracks down on speculation

Rupee jumps nearly 2 percent as RBI cracks down on speculation

The Indian rupee surged nearly 1.8% against the US dollar on Thursday, marking its strongest single-day gain since September 2013. The rally followed fresh Reserve Bank of India regulations designed to curb speculative trading. With banks adjusting positions after the new rules, traders expect the rupee to move within a narrow range next week rather than keep climbing.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Rupee slips further to 94.25 per dollar as crude and dollar surge

Rupee slips further to 94.25 per dollar as crude and dollar surge

The Indian rupee fell 24 paise to 94.25 against the US dollar in early trade, extending a fifth straight day of decline. Traders blame a strong US dollar, volatile crude oil prices, and heightened West Asia tensions. Foreign investors are also pulling back from Indian equities, adding pressure as Sensex and Nifty trade lower.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Gold and silver prices fall in India as dollar firms again see MCX and city rates today

Gold and silver prices fall in India as dollar firms again see MCX and city rates today

Gold and silver prices in India slid for the second straight session on 24 April 2026. A firmer US dollar and delayed Fed rate-cut expectations weighed on MCX gold and silver, while global COMEX prices also retreated. Surprisingly, even the Strait of Hormuz tension failed to trigger a safe-haven bounce, leaving bullion trading softer across major cities.

Summarised by Beize from a story on Startup Talky on 24 Apr 2026

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Gold and silver slip in India as dollar firms and tensions cool

Gold and silver slip in India as dollar firms and tensions cool

Gold and silver prices fell in India on Tuesday as a firmer US dollar weighed on bullion and safe-haven demand eased with cautious optimism over US-Iran peace talks. By midday, 24K gold slipped to around ₹1,55,280 per 10 grams, while silver dropped nearly 1% to about ₹2,50,210 per kg on the MCX.

Summarised by Beize from a story on Republic on 24 Apr 2026
Rogoff warns Trump tariffs won’t endure as rivals retaliate and US growth slows

Rogoff warns Trump tariffs won’t endure as rivals retaliate and US growth slows

Economist Kenneth Rogoff says Donald Trump’s tariff push may appear to be reshaping global trade, but it likely won’t last once other countries learn how to hit back effectively. He ties US economic risks to dollar dominance, sanctions, and unsustainable debt, arguing no single currency can replace the greenback and forecasting slower US growth.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Rupee ends FY26 as Asia weakest currency after near 10% slide

Rupee ends FY26 as Asia weakest currency after near 10% slide

The Indian rupee finished FY26 as Asia’s weakest currency, sliding 9.88% versus the US dollar. Analysts point to heavy foreign investor withdrawals alongside strong global dollar demand. The Reserve Bank of India intervened to curb volatility, while the Japanese yen also weakened. In contrast, the Malaysian ringgit outperformed peers.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Dollar edges up as Iran peace talks wobble and markets brace for Fed signals

Dollar edges up as Iran peace talks wobble and markets brace for Fed signals

The U.S. dollar gained slightly as uncertainty surrounding Middle East peace talks kept investors cautious. The greenback rose to about 98.24, while the euro slipped amid sensitivity to energy prices and the yen lingered near key intervention levels. Traders now look ahead to Kevin Warsh’s Fed Chair confirmation hearing and upcoming U.S. retail sales data for direction.

Summarised by Beize from a story on Republic on 24 Apr 2026

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Markets shrug off geopolitics as oil weakens its grip and the dollar follows equities

Markets shrug off geopolitics as oil weakens its grip and the dollar follows equities

Global markets are showing surprising resilience amid geopolitical worries, especially in the US. Investors expected tighter links between financial assets and oil, but correlations are weakening. Meanwhile, the dollar appears to track equity performance more than crude, pointing to a market shift toward corporate earnings and AI-driven themes rather than commodity moves.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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