Safe-Haven Currencies Surge While Pound Sinks Before Fed Rate Decision
From Investing.com: 2025-06-18 03:27:00
The US potentially entering the conflict between Israel and Iran caused a major sentiment reversal in the markets, with President Trump leaving the G7 meeting. Oil rallied by $3.5 to trade around $75 after dropping on war headlines. Equity indices were down, with the Nasdaq below 6,000. US 30-Year bond and UK CPI data are awaited. The Euro is leading in a risk-off Forex board, with the Pound worst performer. Central bank speeches and the Fed rate decision are expected today, bringing volatility. (Source: MarketPulse)
Read more at Investing.com: Safe-Haven Currencies Surge While Pound Sinks Before Fed Rate Decision