US-Iran discuss 45-day ceasefire proposal including Hormuz reopening

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Published: 2 hours ago

The United States, Iran and regional mediators are discussing a 45-day ceasefire framework that includes reopening the Strait of Hormuz. The proposal aims to temporarily halt fighting while addressing key logistical issues in the region. Reopening the Strait of Hormuz could significantly impact oil prices and strengthen risk-on sentiment. USD may weaken against commodity currencies like CAD and AUD, while safe-haven demand for JPY and CHF could decline if tensions ease.

Nothing to see yet 😢