Risk-on Continues, Fed Chair’s Dovish Hint Weakens the US Dollar Further, Gold Stabilizes

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Geopolitical risk premium continued to unwind across global financial markets on Tuesday, as risk-on sentiment gained traction following signs that Israel and Iran are now respecting a ceasefire deal brokered late Monday by US President Trump, despite earlier breaches from both sides. The de-escalation of the 12-day Israel-Iran conflict also drove a sharp bearish reversal […]The post Risk-on Continues, Fed Chair’s Dovish Hint Weakens the US Dollar Further, Gold Stabilizes appeared first on Action Forex.