EUR/USD regains some initial losses as energy prices increase during the US-Iran conflict
The EUR/USD pair managed to recover some of its earlier losses during late Asian trading on Monday, though it was still down by 0.25%, sitting near 1.1780. The euro experienced a drop against the US dollar as investors sought safe-haven assets in response to heightened tensions from the conflict involving Iran, Israel, and the United […]
Forex Today: Focusing on US-Iran discussions and mid-level US data
Thursday, February 26th Update Financial markets were on edge early Thursday as attention turned to the ongoing U.S.-Iran nuclear discussions in Geneva. In Europe, the economic calendar for the day included updates on business and consumer sentiment for February. Later, the U.S. Department of Labor is expected to release data on jobless claims, while the […]
Last-Minute Demands Put US-Iran Nuclear Talks at Risk
U.S. Rejects Iran’s Proposal for Restructured Talks On Wednesday, the United States turned down Iran’s request to modify the diplomatic talks planned for Friday, according to two U.S. officials speaking with Axios. The two nations had previously agreed to meet in Istanbul, Turkey, as part of efforts to reduce tensions and prevent military conflict. However, […]
Pound Sterling recovers despite US-Iran tensions affecting market mood
The pound has fallen below 1.3400 against the US dollar due to escalating tensions between the US and Iran. As the US targets Iran’s nuclear facilities, the market is adopting a risk-averse stance. Investors are eagerly awaiting the UK’s Flash PMI data for June. Pound Sterling (GBP) is projected to dip to around 1.3370 against […]
Strait of Hormuz emerges as a center of tension in the US-Iran dispute
On Sunday, the Iranian Congress approved steps to potentially close the Strait of Hormuz, following U.S. airstrikes on three Iranian nuclear facilities. This strait is a crucial route for oil transport and its closure could have significant consequences for both the global economy and the U.S. In multiple interviews on Sunday, Secretary of State Marco […]
US-Iran decision expected in the coming two weeks, according to the White House.
Trump’s Decision on Iran Conflict Expected Soon On Thursday, White House Press Secretary Karoline Leavitt announced that President Donald Trump plans to make a decision regarding U.S. involvement in the ongoing conflict between Israel and Iran within the next two weeks. This announcement came during a press briefing. Leavitt shared that Trump had received a […]
Concerns about a US-Iran conflict lead former MLB star to rethink support for Trump
Former Cincinnati Reds shortstop Zack Cozart has been a vocal supporter of Donald Trump, who recently won the presidential race against former Vice President Kamala Harris for the 2024 election. However, Cozart’s backing seemed to waver amid rising tensions between Israel and Iran, particularly when Trump suggested a large evacuation from Tehran. In a post […]
Details of US-Iran nuclear talks show allowance for limited enrichment
The US has hinted that Iran is considering allowing a limited amount of uranium enrichment over an unspecified duration. This was revealed as the Trump administration put forth its initial formal offer to Iran regarding a nuclear agreement, although the specifics of this deal weren’t disclosed to the public. A spokesperson, Carolyn Leavitt, emphasized that […]
Fourth round of US-Iran talks in Rome were never confirmed, State Department says
The US has not pledged to take part in the fourth round of denuclearization talks with Iran this weekend, according to the State Department. “The US never confirmed that people would take part in the fourth round of talks with Iran, which they believed was Saturday in Rome,” spokesman Tammy Bruce said at a press […]
US-Iran nuke talks postponed, Pete Hegseth warns Tehran over Houthi support
The Oman government said talks between the US and Iran over Tehran's nuclear program set this weekend have been abolished. The fourth round discussion was scheduled to take place in Rome on Saturday but was postponed for “logistics reasons”, Foreign Minister Badr Al Busaidi X Released on Thursday. “A new date will be announced when […]