Monday open indicative forex prices, 22 June 2026
From the original
The weekend news was of a shaky ceasefire and Iran leaving negotiations due to Trump's threats. USD a few tics higher in VERY early trade: J.D. Vance: These kinds of ceasefires are awlays "a littel bit messy" CAD is an exception, catching a bid as an oil proxy. This article was w
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4 itemsMonday open indicative forex prices, 04 May 2026
The desk interprets the recent markdown of the USD as a response to geopolitical developments, particularly the tentative peace proposal involving Iran, which aims to reopen the Strait of Hormuz and end hostilities in the region. Per the full note [source], this situation is fluid, with President Trump expressing skepticism about the adequacy of the proposal. The market's reaction suggests a cautious optimism, but the underlying risks remain significant, particularly given the U.S. naval blockade and ongoing tensions in Lebanon. As traders navigate these dynamics, the USD's position will be closely monitored against key levels and upcoming data releases.
Monday open indicative forex prices, 11 May 2026. USD bids.
The desk interprets the recent geopolitical tensions surrounding Iran's demands and President Trump's firm rejection as a catalyst for a modest uptick in the USD. Per the full note from Eamonn Sheridan, the USD is showing slight strength in early trading, coinciding with a slight rise in weekend oil prices. This backdrop suggests a market increasingly sensitive to geopolitical risks, which could influence currency flows and positioning. With the USD currently trading higher, traders should remain vigilant for further developments in the Iran situation and their potential impact on oil prices and the broader FX landscape.