US strikes Iranian military site and downs drones in new Hormuz threat operation
The US military has struck an Iranian military site threatening forces and commercial traffic in the Strait of Hormuz and shot down multiple Iranian drones, a US official told Reuters.…
Iran rejects Trump’s Hormuz deal claims as talks near end – Fars
According to Fars news agency, the US and Iran are in the final stages of an agreement, though a final decision hasn’t been made. Fars reported on Friday that “Informed…
US and Iran offer clashing accounts of fresh Hormuz confrontation near Bandar Abbas
The US and Iran have offered directly contradictory accounts of a Hormuz confrontation, with Washington describing Iranian drone attacks and Iran saying it stopped a US tanker running without radar.…
British Pound rebounds as US Dollar weakens on Iran deal hopes
GBP/USD holds minor gains on Friday after rebounding from intraday lows, supported by improving risk sentiment surrounding a potential US-Iran peace deal. At the time of writing, the pair trades…
Sunset Market Commentary – ActionForex
Markets The euro zone’s four largest countries today released May inflation numbers. On a monthly basis, the pace slowed but most annual numbers rose further. French inflation increased by 0.1%…
Trump is speaking, says the US holds all the cards, Iran has been defeated 'militarily'
Trump has been saying he has won since the first few days of his war, 3 months ago. At least his message is consistent!Speaking in a Fox interview. Meanwhile, the…
Gold climbs on US‑Iran ceasefire progress as Fed rate hike bets fade
Gold (XAU/USD) price advanced more than 1.50% on Friday amid news that Iran and the US are close to signing a deal aimed at extending the ceasefire for 60 days…
Forecasting the upcoming week: The US Dollar fell as ceasefire hopes supported risk sentiment
The US Dollar Index (DXY) fell toward the 98.90 region on Friday as improving market sentiment linked to developments in the Middle East reduces demand for safe-haven assets. Although the…
Weekly Focus – Optimism Around Iran Deal Lifts Market Sentiment
Oil markets have stabilised lower for now and global equity markets have rallied this week on the back of renewed optimism around a deal in the Middle East. On Thursday…
Silver Price Forecast: Consolidates near $75.50, as bears eye 200-day SMA
Silver price retreats by 0.16% during the session, consolidating around the $75.00-$76.00 area, virtually unchanged, near the 50-day Simple Moving Average (SMA) at $75.70.XAG/USD Price Forecast: Technical outlookSilver looks set…
