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The Middle East has overwhelmed Trump’s thinking

The Middle East has overwhelmed Trump’s thinking

Last week, I mentioned that “Trump is trying to get us into a war with Iran,” and, well, my inbox was flooded with Republican readers claiming I was just panicking. But that chatter quieted down this past weekend when Trump took the significant step of bombing three Iranian nuclear sites. He acknowledged the bombings, but, […]

AUD/JPY Price Outlook: Drops under 94.00 as Middle East easing boosts safe assets

AUD/JPY Price Outlook: Drops under 94.00 as Middle East easing boosts safe assets

AUD/JPY Market Update AUD/JPY has seen a slight decline of 0.06% after struggling to surpass the May 14 high of 95.56. The relative strength index (RSI) has dipped a bit, creating mixed signals that keep traders attentive to price movements. A critical support level is set around 93, and dropping below this may expose 93.00 […]

Dollar falls with hope for the Middle East, euro hits highest point since 2021

Dollar falls with hope for the Middle East, euro hits highest point since 2021

Dollar Weakens as Euro Surges The dollar dropped on Tuesday, while the euro climbed to its highest point since October 2021 following news of a ceasefire agreement between Iran and Israel. This ceasefire began to take effect as pressures mounted from U.S. President Donald Trump. “Markets are currently responding to trade dynamics in the Middle […]

Trump’s attack on Iran could bring an end to the ongoing conflict in the Middle East

Trump's attack on Iran could bring an end to the ongoing conflict in the Middle East

I remember when I was just four, and President George W. Bush announced the invasion of Iraq. Fast forward to my 24-year-old self reporting on Joe Biden’s chaotic withdrawal from Afghanistan. So, when I heard last week about President Trump’s potential moves regarding Iran, I couldn’t help but sigh, thinking, “Here we go again.” I […]

GBP/USD draws in some buyers over 1.3550 following Middle East ceasefire

GBP/USD draws in some buyers over 1.3550 following Middle East ceasefire

GBP/USD is expected to rise to about 1.3560 early on Tuesday in Europe. Dovish comments from the Fed weaken the US dollar. Trump has declared a complete ceasefire between Israel and Iran. The GBP/USD pair gained momentum, reaching around 1.3560 in the early European session on Tuesday, largely due to a weaker US dollar. Traders […]