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Breaking Posted 2 hours ago

Trump formally notifies Congress US at war with Iran

News
President Trump notified Congress of military action against Iran, granting 60 days of military authority without approval. Strikes began July 7; Trump pledged to 'hit Iran hard' tonight. Risk-off sentiment may pressure high-beta currencies and boost safe-haven USD/JPY, though immediate FX reaction depends on escalation pace versus crowded USD positioning.
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2 hours ago

US, Iran exchange attacks around Strait of Hormuz

Missile strikes and ship attacks reported near Strait of Hormuz in escalating US-Iran tensions. Geopolitical risk spike pressures USD safe-haven demand and elevates oil volatility, affecting commodity-linked currencies (CAD, NOK, RUB) and risk sentiment across major pairs.

https://www.aljazeera.com/news/2026/7/13/missile-strikes-and-attacks-on-ships-reported-around-strait-of-hormuz?traffic_source=rss
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