Ian Morley – Page 19 – Total Currency Exchange

Markets welcomed the Israel-Iran ceasefire, triggering a broad risk rally and weakening the US Dollar.

Geopolitical tensions following the US bombing of Iranian nuclear sites have overshadowed economic data to start the week.

Currency markets remain cautious but less panicked after President Trump delayed a decision on striking Iran.

The Pound is under pressure ahead of the BoE’s decision.

Currency markets remain dominated by geopolitical tensions, with the Israel-Iran conflict fuelling safe-haven flows and lifting the US Dollar.

Currency markets remain cautious ahead of key central bank meetings and geopolitical developments.

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Author: Ian Morley