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US Pres. Trump: Will not allow Iran to enrich uranium

When asked about Iran's plans to enrich Uranium, United States (US) President Donald Trump said on Wednesday that they will not allow that "militarily," as reported by Reuters.

"The Iranian nuclear program is put back decades," Trump noted and said that the US hit on Iran ended the war.

Meanwhile, US Defense Secretary Pete Hegseth said the bombs landed right where they were supposed to, adding that it was "devastation".

Market reaction

These comments don't seem to be having a noticeable impact on market sentiment. At the time of press, US stock index futures were trading virtually unchanged on the day.


EUR: Testing the big resistance – ING

The EUR/USD rally stalled again in the 1.160-1.165 area and it is plausible markets may require a more compelling macro story (most likely from the US) rather than the mere unwinding of geopolitical risks for a break higher, ING's FX analyst Francesco Pesole notes.
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EUR/USD: Likely to trade between 1.1480 and 1.1660 – UOB Group

Euro (EUR) is unlikely to rise much further against US Dollar (USD), it is more likely to trade in a range of 1.1575/1.1645. In the longer run, EUR is expected to continue to trade in a range; given the increase in volatility, it is now likely to trade between 1.1480 and 1.1660.
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