The post British Pound holds steady near 1.3450 amid US-Iran deal uncertainty appeared on BitcoinEthereumNews.com.
The GBP/USD pair trades on a flat note near 1.3450 during the early Asian trading hours on Monday. The British Pound (GBP) stabilizes in a sideways consolidation mode following a highly volatile week. Traders will closely monitor the developments surrounding the US-Iran peace deal and the US ISM Manufacturing Purchasing Managers Index (PMI) report later in the day. The BBC reported on Sunday that US President Donald Trump has sought to change several terms of a proposal to end the US-Israel war on Iran. The changes are related to the Strait of Hormuz and the removal of highly enriched uranium. Meanwhile, Iranian Foreign Minister Abbas Araghchi said that talks and message exchanges with Washington were ongoing but stressed that no assessment of negotiations could be made until a clear outcome was reached. The lack of progress in the US-Iran agreements could lift a safe-ha
The post US President Donald Trump seeking edits to US-Iran deal appeared on BitcoinEthereumNews.com.
US President Donald Trump has sought to change several terms of a proposal to end the US-Israel war on Iran, the BBC reported on Sunday. The changes are related to the Strait of Hormuz and the removal of highly enriched uranium. However, Axios reported that Trump wanted to reinforce multiple points of the deal that he felt were important, such as what to do with Iran’s nuclear material. A senior US official told Axios that Trump was informed it could take three days for Iran to respond. Market reaction At the time of writing, the West Texas Intermediate (WTI) is down 2.10% on the day at $88.40. WTI Oil FAQs WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major types including Brent and Dubai Crude. WTI is also referred to as “light” and “sweet” because of its relatively low gravity and sulfur content respectively.
The post Gold Nears $4,600 As US-Iran Deal Hopes Weigh On Oil And The Dollar appeared on BitcoinEthereumNews.com.
Gold Nears $4,600 As US-Iran Deal Hopes Weigh On Oil And The Dollar Skip to content
Home Forex News Gold Nears $4,600 as US-Iran Deal Hopes Weigh on Oil and the Dollar
Source: https://bitcoinworld.co.in/gold-nears-4600-us-iran-deal-oil-dollar/
The post Euro Rallies As US-Iran Deal Hopes Weigh On Dollar And Oil appeared on BitcoinEthereumNews.com.
Euro Rallies As US-Iran Deal Hopes Weigh On Dollar And Oil Skip to content
Home Forex News Euro Rallies as US-Iran Deal Hopes Weigh on Dollar and Oil
Source: https://bitcoinworld.co.in/euro-rallies-us-iran-deal-hopes-weigh-dollar-oil/
The White House's firm stance may hinder diplomatic progress, affecting regional stability and global security dynamics.
The post White House stance dims US-Iran deal prospects by June 30 appeared first on Crypto Briefing.
The new US sanctions on Iran heighten geopolitical tensions, potentially hindering diplomatic progress and affecting global oil markets.
The post US imposes new Iran sanctions, impacting US-Iran deal prospects appeared first on Crypto Briefing.
Record highs in US stocks amid US-Iran deal hopes highlight potential shifts in global economic dynamics and investor sentiment.
The post Dow, S&P 500 and Nasdaq close at record highs on US-Iran deal hopes appeared first on Crypto Briefing.
A potential U.S.-Iran deal could stabilize oil markets by reducing geopolitical tensions, impacting future oil price volatility and supply security.
The post Oil prices slide as Trump hints at US-Iran deal reducing geopolitical risks appeared first on Crypto Briefing.
The post Pound Sterling Price News and Forecast: GBP edges lower towards 1.3400 as BoE Bailey buys time appeared on BitcoinEthereumNews.com.
British Pound edges lower towards 1.3400 as BoE Bailey buys time The British Pound (GBP) drifts lower against the US Dollar (USD) on Friday, reaching session lows at 1.3408 so far, on track for a moderate weekly decline. Bank of England Governor Andrew Bailey has practically discarded any interest rate hike in the near future, while US data adds pressure on the Federal Reserve (Fed) to tighten its monetary policy. Bailey affirmed at an economic meeting in Reykjavik that ”there is a case for tolerating temporarily above target inflation,” and added that economic activity and the labour market are weighing on second-round effects. The BoE chied also stated that, having taken expected cuts off the table, the bank has already tightened policy considerably in response to the shock relative to what had been expected by markets. Read more… GBP/USD Price
