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Breaking Posted 3 hours ago

Iran escalation: 300+ U.S. strikes, ceasefire collapses

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The 60-day U.S.-Iran negotiating window has reached its midpoint with the ceasefire breaking down; the U.S. has struck over 300 Iranian targets while Tehran attacks commercial shipping in the Strait. Escalating Middle East tension typically lifts oil and safe-haven USD/JPY and CHF pairs, but current market focus remains on Fed rate path (CPI Tuesday) and tech earnings; geopolitical moves matter only if they spike oil materially.
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2 hours ago

US-Iran conflict escalates amid air strike intensity

Air strikes between the US and Iran are intensifying, raising the risk of wider conflict. Geopolitical tension typically strengthens safe-haven currencies like USD and JPY while pressuring risk assets and emerging-market FX. Traders should monitor USD/JPY and EUR/USD for flight-to-safety moves, though impact remains secondary to near-term Fed rate repricing and tech earnings narratives dominating FX positioning.

https://www.aljazeera.com/video/inside-story/2026/7/17/can-the-us-and-iran-reach-a-lasting-deal-to-end-the-conflict?traffic_source=rss
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