US Dollar weakens as Trump alters Iran approach, causing volatility in global markets

From Investing.com: 2025-06-20 04:45:00

Global financial markets saw volatility as Trump softened stance on Iran, allowing for diplomacy. Israel-Iran hostilities continued, with Israeli airstrikes targeting Iranian nuclear facilities. An Iranian missile hit an Israeli hospital, raising risks. US Dollar erased post-FOMC gains despite dovish BoE and SNB. Japan’s rising inflation influenced USD/JPY bulls. WTI Crude held steady, while Gold dipped. Asian equities were mixed. US stock indices may see wild swings due to options expiration. USD/CHF downtrend intact, with resistance at 0.8240 and support at 0.8155.



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