Renewed Geopolitical Tensions and US Inflation Spike Reignite Currency Market Volatility Currency market volatility is on the rise, driven by increased geopolitical tensions in the Middle East and heightened inflation in the US. The recent attack by Iran on Israel and strong US inflation figures have led traders to speculate that the US dollar will strengthen, anticipating that the Federal Reserve might maintain stringent monetary policies longer than previously expected. This shift marks a significant change from just a month ago, when volatility was at multi-year lows, prompting speculation about a new era of stability in the $7.5 trillion-a-day foreign exchange market. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts U.S. Banks Face Dual Challenges: Weakening Loan Quality and Declining Interest Payments READ MORE July Sees Record Central Bank Gold Acquisition Since January READ MORE Silver Production Set to Grow 4.1% in 2024 with Operations Resuming READ MORE Swiss Central Bank Cuts Rates, Getting Ahead of Global Peers READ MORE US Wholesale Inflation Hits Annual High, Signaling More Price Hikes Ahead READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment