The rally in risk assets on ceasefire optimism came to a halt over the weekend. The ceasefire talks between the US and Iran collapsed in Pakistan and the US announced that the Strait of Hormuz will be blockaded to ships going to or from Iranian ports.
Risk assets rallied sharply late-Tuesday into Asian trading on Wednesday amid the welcome news of a temporary US-Iran ceasefire.
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.
A feeling of deja vu is wafting over markets as the Iran war continues without a clear resolution in sight.
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.
The US dollar confirmed last week that it remains a safe-haven currency of choice for investors during times of global conflict.
The New Year has begun with a bang following the shock ousting and capture of Venezuela President Nicolás Maduro by US forces over the weekend, but the early reaction in currency and futures markets has been calm.
The dollar sold off against most of its peers after the Federal Reserve fell short of delivering on market expectations for a "hawkish cut" last week.
what can we expect in markets during the remainder of the year? And what are the main factors to look out for in FX in the coming months?
