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Posted 1 hour ago
Dollar rallies on US-Iran tension; safe-haven bid strengthens
The dollar advanced for a second consecutive session as escalating US-Iran conflict fears drove safe-haven flows. USD strength is the primary driver; EUR/USD, GBP/USD, and AUD/USD will weaken as capital rotates into dollar assets, a pattern typical during geopolitical shocks that increases volatility across major pairs.
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1 hour ago
US-Iran ceasefire collapse raises Hormuz strait transit risks
President Trump declared the US ceasefire with Iran "over," prompting shipowners to reassess Strait of Hormuz transit safety. The geopolitical escalation threatens oil supply routes critical to global energy markets. USD/JPY and crude-linked pairs (via commodity currencies) face volatility; safe-haven flows may support JPY and CHF while risk sentiment deteriorates.
https://www.bloomberg.com/news/articles/2026-07-08/shipowners-assess-hormuz-transit-risk-as-us-iran-deal-crumblesNew to MyTradingLand?
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