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Sign InThe US Dollar opened the trading week with a significant upward gap as geopolitical tensions flared following the collapse of diplomatic talks between the United States and Iran. The breakdown occurred after Tehran refused to abandon its nuclear ambitions, leading to a stalemate in negotiations. Adding to the market anxiety, the US signaled its intention to block Iranian oil tankers, raising fears of potential supply disruptions in the energy sector. This escalation has driven investors toward safe-haven assets, providing a strong boost to the USD and Gold (XAU/USD). Major currency pairs, including EUR/USD, are facing downward pressure as risk aversion dominates global sentiment. Market participants are closely monitoring the situation, as any further escalation could lead to increased volatility in both forex and commodity markets.