Risk Assets Rally on Ceasefire, Dollar Drops; Central Banks in Focus
Confirmation of a ceasefire has spurred a rally in risk assets, while energy, interest rates, and the dollar declined. Markets await the US-Iran peace deal signing and central bank actions on inflation.
DX
Risk assets surged following confirmation of a ceasefire agreement. The rally was accompanied by declines in energy prices, interest rates, and the US dollar.
Markets now look ahead to the expected signing of the US-Iran peace deal this Friday. Central banks are expected to remain in focus as they address the legacy of elevated inflation, which continues to shape monetary policy expectations.
Source: FXStreet Forex News