Podcasts

The U.S. Dollar is trading in mixed ranges against its G10 peers after President Trump suggested that the war in Iran could end very soon, which quickly cooled oil prices from nearly one hundred twenty dollars per barrel to around ninety dollars per barrel and reduced demand for safe-haven assets. Despite the shift in sentiment, uncertainty remains as Iran has not clearly indicated a willingness to pursue a truce and U.S. officials stated the conflict would not end until the enemy is defeated, raising questions about whether markets reacted too quickly.