e The US dollar is little changed versus the major currency pairs.
In the video above I talk about the technicals given the recent price action, but there isn’t a lot of net movement versus yesterday’s close despite modest up and down
The ECB rate decision to raise rates by 25 basis points as expected has done little to tilt the needle one way or the other. Markets are still looking for the catalyst to give traders a more clear direction. Middle East Overnight Summary The U.S. carried out another round of strikes overnight, targeting Iranian military infrastructure, including air-defense and surveillance sites.
Iran responded with missile and drone attacks aimed at U.S.-aligned facilities in the region. Most were reportedly intercepted, limiting damage. Iranian officials said recent U.S. actions have undermined the ceasefire and warned of further retaliation if strikes continue.