Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.
Israel launches new wave of ‘extensive strikes’ on Tehran
Source Fxstreet
The Israel Defense Forces (IDF), the nation’s military, said in a social media post on Monday that it has begun a wide-scale wave of “extensive strikes” targeting Iranian infrastructure in Tehran.
No further details are provided about the same.
Related news
Iran threatens to completely close Strait of Hormuz if US bombs power plants
WTI hovers around 98.00 due to persistent Middle East supply concerns
US considers ground operation to seize Iran’s Kharg Island
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
With the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
Gold price (XAU/USD) remains under selling pressure near $4,640 during the early Asian session on Friday. The precious metal extends the decline as soaring crude oil and energy prices, driven by the escalating US-Israeli war with Iran, reignite inflation fears.