middle east

  1. benwhitecole

    EUR/USD near 1-year lows going into FOMC, is this a Fed story or a Middle East story?

    noticed EUR/USD dipped to like 1.1366 yesterday, lowest since june, GBP/USD pulled back to low 1.33s too. everyone's talking FOMC positioning but feels like the middle east stuff (iran/us tensions, oil spike) is doing just as much here honestly, dollar getting bid as safe haven on top of...
    • benwhitecole
    • Thread
    • eur/usd federal reserve fomc gbp/usd middle east safe haven usd
    • Replies: 0
    • Forum: Forex News
  2. Enivid

    U.A.E. Pulls Out of Gulf Monetary Union Project

    The United Arab Emirates, the second largest Arab economy, has pulled out of the planned monetary union of oil-rich Gulf states, dealing a blow to their goal of establishing a European-style single currency. “It’s like France saying it wants to pull out of the euro,” Eckart Woertz, an...
    • Enivid
    • Thread
    • forex news middle east u.a.e. u.s. dollar
    • Replies: 0
    • Forum: Forex News
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