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Photoforlife
Photoforlife
✅ Iran–U.S. Tensions Rattle Global Markets 🔹With mutual rejection of peace proposals between Iran and the Trump administration, risk-off sentiment has surged across global markets once again, strengthening the U.S. dollar. At the same time, growing concerns over the Strait of Hormuz have intensified volatility across currencies, gold, and oil. Key market reactions: 🔹The euro came under pressure from the stronger dollar, retreating to the 1.1765 area. 🔹Gold fell below $4,700 amid rising inflation concerns. 🔹The British pound recovered part of its losses and climbed back to 1.3600, though further upside remained limited. 🔹The Australian dollar stayed in negative territory around 0.7240. 🔹WTI crude oil, after dropping 3% on Friday, rebounded to trade back above $95.50. #TrumpRejectsIranDeal

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