Trump’s Iran Decision Adds Volatility to Emerging-Market Currencies – Wall Street Journal (Subscription)
Emerging-market currencies were volatile Wednesday, after President Donald Trump’s decision to pull out of the Iran nuclear deal added to the woes of markets already pressured by a strengthening dollar.
The Dollar-Plagued World Now Has Another Currency to Worry About – Bloomberg
Winds of change in currency markets threaten to blow global investment trends further off course — but from the East as much as the West.
Commodity Currencies Rally Amid Renaissance for Oil – MarketWatch
Currencies of oil-producing nations enjoyed healthy gains against the U.S. dollar Wednesday, buoyed by what has been a multisession advance in the price of crude oil, partly buttressed by President Donald Trump’s withdrawal from the Iran nuclear deal.
C$ Rises From 7-Week Low as Likely Iran Sanctions Boost Oil – Reuters
The Canadian dollar strengthened against its U.S. counterpart on Wednesday, rebounding from a nearly seven-week low the day before, as the price of oil surged after U.S. President Donald Trump abandoned a nuclear deal with Iran.