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The ongoing war in Iran, and the subsequent heightened geopolitical risk premium and acute volatility in commodity markets, make for a challenging backdrop for FX forecasting.
The war in Iran is now entering its second month without any clear prospects for either a ceasefire or the reopening of the Strait of Hormuz.
The war in Iran rages on without a clear end in sight, with market participants now bracing for the possibility that the conflict drags on for a matter of months, rather than just weeks.
The Iran war is now in its second week, and markets are bracing for the possibility that it will last a while.
Weak US data ramps up Fed rate cut bets. Johnson made attempts to avoid a no deal Brexit at the end of October, investors are optimistic.
