EUR/USD dips near 1.1635 as US-Iran uncertainty boosts dollar demand; volatility rises before key ECB/Fed commentary.
May UK BRC Shop Price Index rose 1.2% versus 1.1%, signalling sticky inflation, delaying BoE cuts.
Trump says US-Iran Hormuz deal progressing; WTI drops 6.75%, traders eye puts, energy shorts, VIX sells.
Gold steadied near $4,575 as dollar softened; US-Iran talks and PCE inflation outlook drove sentiment.
AUD/USD climbs to 0.7167 as dollar eases; consolidates under 0.7185 resistance, supported near 0.7098.
USD/JPY slips near 159 as intervention fears cap gains; traders watch 159–160 for breakout volatility.
Sterling climbs near 1.3500 as US–Iran deal optimism weakens dollar; traders weigh options strategies, risk management.
Gold jumps to $4,570 as dollar weakens; Iran-Hormuz talks and Fed data spur options hedging.
Sterling climbs toward 1.3500 as US-Iran accord hopes weaken dollar; markets await Fed, BoE, PCE data.
Stocks gained on Iran ceasefire hopes, falling oil, and heavy tech inflows, while volatility sank.
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