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Back Fundamental analysis
Euro prefers diplomacy
"Go to the Strait and just
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"Go to the Strait and just take it! Or buy from the US, we have plenty!" That was Donald Trump's advice to Asia and Europe. However, they have a different view. France and the UK are aiming to reopen the world's main oil artery through diplomacy — by lifting sanctions and signing agreements with Iran. Rising traffic through the strait, together with rumours of a 45?day ceasefire between Washington and Tehran, are supporting the EUR/USD pair. Roughly the same number of
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Marek Petkovich,
Analytical expert of InstaForex
© 2007-2026
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