Global financial markets are on edge as traders wait for clear details about the new US-Iran peace plan. After two months of intense tension and repeated ceasefire extensions, a concrete framework is finally being discussed. Both sides know what is at stake: the US wants the Strait of Hormuz reopened without conditions and Iran’s nuclear […]
The post Traders Are Desperate for More News, but the Status Quo Is Positive appeared first on ActionForex.
Key Highlights Gold started a fresh decline below the $4,550 support. A major bearish trend line is forming with resistance at $4,525 on the 4-hour chart. WTI Crude Oil extended losses and traded below $95. Read more…
Federal Reserve Vice Chair Philip Jefferson said the current stance of US monetary policy remains appropriate despite ongoing upside risks to inflation tied to the Middle East conflict and energy disruptions. Speaking at the Bank Read more…
Federal Reserve Governor Lisa Cook warned that inflation risks are increasingly tilted to the upside, even though she currently favors keeping interest rates unchanged. Speaking at a policy forum at Stanford University, Cook said the Read more…