USD/JPY inches closer to the 160.00 mark as the US-Iran deadlock bolsters the US dollar
Basic Overview USD: The US dollar has been on a gradual rise since Tuesday, largely because the ongoing US-Iran tensions have led to profit-taking on expectations of a weaker dollar. There’s still no indication that further talks will take place after Iran declined to send a delegation to Islamabad on Tuesday, pointing to the US […]
GBP/USD declines as Fed delays September cut, US data bolsters Dollar
GBP/USD declines following a Federal Reserve decision to maintain interest rates without guidance for September. US unemployment claims decrease to 218k, reflecting a robust labor market that supports the USD. Year-on-year Core PCE in June rises to 2.8%, with headline PCE at 2.6%, both figures exceeding estimates. During Thursday’s North American session, GBP/USD experienced modest […]
Trump bolsters Arctic defense by shifting command in Greenland
Strategic Shift of Greenland’s Command In a notable change, President Trump has ordered Greenland to be transferred from the US European Command to the US Northern Command. This move aims to enhance the US’s Arctic defense amid increasing global tensions. The Pentagon confirmed this decision on Tuesday, emphasizing the importance of the Pituffik Space Base, […]
Trump bolsters border security with 1,500 troops — also moves to block potential maritime migration threats
President Donald Trump is rolling out plans to deploy additional active-duty troops to the southern border, moving quickly on his promise to end the country's illegal immigration crisis, according to reports. This was announced by US officials. fox news The Trump administration's Pentagon announced Wednesday that it is preparing to disperse 1,500 troops to various […]
US bolsters military presence in Middle East as threat of regional escalation intensifies | Middle East and north Africa
The Pentagon said on Friday that the U.S. military will send additional fighter jets and naval ships to the Middle East as Washington prepares for Iran and its regional allies to make good on their promises of a response to the killing of Hamas leader Ismail Haniyeh in Tehran. The assassinations of Haniyeh in Tehran […]