US President Trump: I think MoU with Iran is over

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United States (US) President Donald Trump said during European trading hours on Wednesday that the memorandum of understanding (MoU) with Iran, aimed at ending the war in the Middle East, is over.

Additional comments

I don't want to deal with Iran; they are sick people.

On NATO, Trump says not happy with NATO over Greenland and Iran.

Spain is a terrible partner in NATO.

Tells Treasury Secretary Scott Bessent to cut off all trade with Spain.

I want no business with them.

Greenland is a big problem for us.

We are treated unfairly in NATO, we pay disproportionately.

Market Reaction

Significant buying interest is seen in the US Dollar (USD) and oil prices after remarks from US President Trump. The US Dollar Index (DXY) rebounds from the day's low of 100.95 to near 101.15. The WTI Oil price surges almost 3% to near $74.00.

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  • TradingKey Daily Market Briefing: OPEC+ Continues Output Boost, Oil Prices Under Pressure, Gold Rebounds, Bitcoin Stands Above $63,000
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