EUR/USD
1.15579
-0.259%
Gold
4501.57
-3.165%
Oil
96.968
2.893%
USD/JPY
159.297
0.997%
GBP/USD
1.33332
-0.723%
GBP/JPY
212.398
0.318%
Real-time News
Libyas National Oil Corporation (NOC) said it has signed contracts with global expert companies to deal with a Russian oil tanker damaged off the Libyan coast.On March 21, the Israel Defense Forces (IDF) issued a statement saying that it had launched a large-scale airstrike on multiple ballistic missile production facilities in Tehran, the capital of Iran. The statement said that, with intelligence support, the IDF struck dozens of facilities used by the Iranian Islamic Revolutionary Guard Corps for the research and production of ballistic missile components, missile component storage facilities, and missile fuel-related facilities. The statement also said that the IDF would continue to expand its strikes against Iranian weapons production facilities.Iranian Embassy in India: Iranian President Pezechzian called on BRICS countries to play an independent role in stopping aggression against Iran.Iranian television: Police in West Azerbaijan province have arrested 25 suspected intelligence agents.On March 21, Bank of America discussed the outlook for the US dollar and maintained its medium-term bearish view. The bank stated, "Since the outbreak of the Iran war, the US dollar has unsurprisingly appreciated against other G10 currencies, although the overall appreciation has not been significant. Until the situation becomes clearer, oil prices and major risks will continue to dominate the foreign exchange market. Meanwhile, interest rate expectations have been raised in most G10 central banks, which has somewhat restrained the dollars appreciation," Bank of America noted. Bank of America further pointed out that although relative interest rates have not been the main driver of the foreign exchange market during this period, this situation may change as the impact of the war on the real economy gradually becomes apparent. "While we maintain our long-term bearish view on the US dollar, upside risks to the dollar are likely to dominate as the war continues," Bank of America added.
