South Korea, Japan mull Trump’s calls to secure Strait of Hormuz

South Korea, Japan mull Trump’s calls to secure Strait of Hormuz

South Korea’s presidential office said in a statement on Sunday, “we will communicate closely with the US regarding this matter and make a decision after careful review.” Takayuki Kobayashi, policy chief of Prime Minister Sanae Takaichi’s ruling Liberal Democratic Party (LDP), told public broadcaster NHK, “I regard the threshold as extremely high for sending Japanese navy ships […]

Israel launches a wave of “extensive strikes” across western Iran

Israel launches a wave of “extensive strikes” across western Iran

Update: The Israel Defense Forces (IDF), the country’s military, said in a post on X that it had launched a wave of “extensive strikes” across western Iran. “It claims it is striking “infrastructure” of the Iranian regime,” per The Guardian. In the last hours, the IDF said on X that Iran continued to launch missiles toward the territory […]

Not ready for Iran deal, warns Kharg Island could be hit again

Not ready for Iran deal, warns Kharg Island could be hit again

In an interview with NBC News on Saturday, US President Donald Trump commented on the military strikes on the Kharg Island and whether he was prepared to make a deal with Iran while pressing allies once again to help secure the Strait of Hormuz. Key quotes I’m not ready to make a deal with Iran […]

Ends week near 1.1400, down below the 200-DMA

Ends week near 1.1400, down below the 200-DMA

The Euro finalized the week posting losses of over 1.74% against the Greenback and 0.84% in the day. The EUR/USD posted four bearish days after falling below the 200-day Simple Moving Average (SMA) at 1.1672, turning the pair bearishly biased. At the time of writing, the pair trades at 1.1414. EUR/USD Price Forecast: Technical Outlook […]