Middle East Tensions Escalate

Geopolitical tensions in the Middle East have intensified following reports of US airstrikes targeting Iran. The escalating conflict has contributed to a firmer US Dollar and a rise in Brent crude oil prices to the $90 level, while risk-sensitive currencies like the Australian Dollar have weakened. fxstreet +2

Focus Remains on US Inflation

Market participants are closely watching the trajectory of US inflation to assess if price pressures are continuing to subside. The inflation outlook remains a key variable for future monetary policy decisions, which have broad implications for asset markets. investing