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Posted 5 hours ago
US Stock Futures Jump 1.2% on Iran Deal News
US stock futures surged Monday morning, with S&P 500 futures up 1.2% following reports of a US-Iran deal. The rally extends gains from the previous two trading sessions as geopolitical tensions appear to ease.
The positive risk sentiment should strengthen risk-on currencies like AUD, NZD, and CAD against safe havens USD, JPY, and CHF. Traders should watch for dollar weakness as improved geopolitics reduces demand for safe-haven assets.
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