Key takeaways US futures edged lower in the early Asian session: Donald Trump rejected Iran’s latest peace response, dampening hopes for a formal US-Iran agreement and keeping geopolitical risk premiums elevated. Stronger-than-expected US April jobs data: Reinforced the “higher for longer” interest rate narrative, reducing expectations for Federal Reserve rate cuts in 2026 and supporting […]
The post US Futures Dipped as US-Iran Peace Deal Hopes Dimmed appeared first on ActionForex.
Daily Pivots: (S1) 0.7746; (P) 0.7777; (R1) 0.7793; More…. Intraday bias in USD/CHF is turned neutral again with current recovery. On the downside, decisive break of 61.8% projection of 0.8041 to 0.7774 from 0.7923 at Read more…
The market narrative is becoming more complicated. Dollar and oil are rising again as Iran negotiations stall, yet semiconductor-driven equity rallies continue pushing Asian tech markets higher, highlighting how AI momentum is still partially insulating Read more…
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