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Posted 19 hours ago
Trump discusses potential Iran strikes in Situation Room meeting
President Trump held a Tuesday Situation Room meeting to discuss a "massive offensive" against Iran with wider strike scope than current Strait of Hormuz operations, demanding Iran "make a deal" or face devastation. Geopolitical risk elevates USD/risk-asset volatility; oil-sensitive pairs (EUR/USD, GBP/USD) and Middle East-linked crosses face near-term uncertainty, though market focus remains on Fed rate repricing and META earnings.
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14 hours ago
Brent Crude Oil: Breaking Higher on Geopolitical Tensions at $86
Brent crude surged to $86/barrel, its highest in a month, after Washington-Tehran ceasefire collapsed. Price action shows bullish momentum breaking above recent resistance as geopolitical risk reprices. Key support emerges around $84, with resistance at $88. Watch for further escalation signals and US inventory data for directional confirmation.
https://www.actionforex.com/contributors/technical-analysis/647271-brent-crude-oil-from-ceasefire-to-crossfire-whats-next/New to MyTradingLand?
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