The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
U.S. President Donald Trump announced a landmark peace deal with Iran, leading to the reopening of the Strait of Hormuz and the end of the U.S. naval blockade. Following the announcement, crude oil prices plunged between 4% and 5%, while risk assets rallied as the U.S. dollar declined. Markets are now anticipating the formal signing of the deal this Friday, amid a week of key central bank meetings that are expected to further influence currency volatility.