U.S.-Iran reopening Hormuz cuts energy risk premium, lowers volatility, boosts risk assets, and raises Fed cut odds.
EUR/USD steady as US-Iran deal lifts risk appetite; oil falls, aiding eurozone; markets await Fed guidance.
WTI drops to $79.15 as US-Iran deal nears, easing Hormuz fears; volatility falls, bearish outlook remains.
Sterling rose as US-Iran deal boosted risk appetite, oil plunged, and Fed/BoE decisions loomed ahead.
Yen strengthens as dollar softens on weak US data; USD/JPY cautious ahead of potentially hawkish BoJ decision.
NZD/USD rises to 0.5840 as US dollar weakens on US-Iran easing; oil drops; Fed awaited.
Gold jumps 3% on US-Iran peace framework; dollar and oil fall as Fed hike odds fade.
Geopolitics ease, but markets fixate on central banks, inflation, higher-for-longer rates, volatility, cautious growth outlook.
Swiss franc gained as US-Iran peace deal reduced dollar safe-haven demand; USD/CHF slid amid dovish Fed outlook.
NAHB Housing Market Index fell to 35 in June, missing forecasts, signaling weak builder sentiment amid high rates.
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