The US dollar index rose sharply last week and tested a 1-month high. The US dollar index edged up amid ongoing debate about the Fed’s monetary policy stance and amid increased safe-haven buying on the back of geopolitical tensions and growth worries.The trend in the US dollar has been one of the key price determining factors for gold and this relationship remains intact as market players try to assess Fed’s monetary policy stance.
Global Market Today: Asian stocks hit record highs, oil heads for weekly loss
Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflation. This
June 19, 2026