Select Language

US President Trump hints of an Israeli strike on Iran, says "Not imminent"

Breaking news

US President Trump hints of an Israeli strike on Iran, says "Not imminent"

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
update 2025.06.13 01:59
US President Trump hints of an Israeli strike on Iran, says

update 2025.06.13 01:59

During a press conference, US President Donald Trump revealed that Iran must negotiate tougher and added that he'd love to avoid a conflict with Tehran. He commented that an Israeli strike could happen but added, "I don't want to say Israeli strike is imminent."

Trump said that the US is pretty close to reaching an agreement with Iran, though noted that there's a chance of a massive conflict.

Earlier, ABC News revealed that sources revealed that "Israel is considering military action against Iran in coming days. The sources were not aware of a specific U.S. role in an Israeli strike on Iran, though it is possible the U.S. could play a logistical role and share intelligence with Israel that could be used for such a strike."

Market's reaction to Trump's comments

Gold prices remain high, above $3,380, while the Greenback extended its losses for the third straight day. The US Dollar Index (DXY), which tracks the performance of the American currency against a basket of other six, is down 0.61% at 97.98.

Risk sentiment FAQs

In the world of financial jargon the two widely used terms "risk-on" and "risk off'' refer to the level of risk that investors are willing to stomach during the period referenced. In a "risk-on" market, investors are optimistic about the future and more willing to buy risky assets. In a "risk-off" market investors start to 'play it safe' because they are worried about the future, and therefore buy less risky assets that are more certain of bringing a return, even if it is relatively modest.

Typically, during periods of "risk-on", stock markets will rise, most commodities - except Gold - will also gain in value, since they benefit from a positive growth outlook. The currencies of nations that are heavy commodity exporters strengthen because of increased demand, and Cryptocurrencies rise. In a "risk-off" market, Bonds go up - especially major government Bonds - Gold shines, and safe-haven currencies such as the Japanese Yen, Swiss Franc and US Dollar all benefit.

The Australian Dollar (AUD), the Canadian Dollar (CAD), the New Zealand Dollar (NZD) and minor FX like the Ruble (RUB) and the South African Rand (ZAR), all tend to rise in markets that are "risk-on". This is because the economies of these currencies are heavily reliant on commodity exports for growth, and commodities tend to rise in price during risk-on periods. This is because investors foresee greater demand for raw materials in the future due to heightened economic activity.

The major currencies that tend to rise during periods of "risk-off" are the US Dollar (USD), the Japanese Yen (JPY) and the Swiss Franc (CHF). The US Dollar, because it is the world's reserve currency, and because in times of crisis investors buy US government debt, which is seen as safe because the largest economy in the world is unlikely to default. The Yen, from increased demand for Japanese government bonds, because a high proportion are held by domestic investors who are unlikely to dump them - even in a crisis. The Swiss Franc, because strict Swiss banking laws offer investors enhanced capital protection.


Date

Created

 : 2025.06.13

Update

Last updated

 : 2025.06.13

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

China: CPI mildly positive after four preceding months of deflation - UOB Group

China's Consumer Price Index (CPI) turned mildly positive in Jun after declining from Feb till May. Headline CPI rose 0.1% y/y (Bloomberg est: -0.1%; May: -0.1%). Core CPI (excluding food & energy) edged up slightly to 0.7% y/y from 0.6% y/y in May.
New
update2025.07.09 17:29

Brent creeps back above $70/bbl - ING

Oil prices edged higher yesterday, with Brent settling back above $70/bbl. This is despite ongoing uncertainty over tariffs, along with OPEC+ recently announcing a larger-than-expected increase in supply for August, ING's commodity experts Ewa Manthey and Warren Patterson note.
New
update2025.07.09 17:26

EUR: EU waiting on Trump's trade letter - ING

EUR/USD might have found a short-term anchor at 1.17. Despite the post-NFP hawkish repricing in the USD OIS curve, the two-year swap rate gap remains 15-20bp wider than a month ago.
New
update2025.07.09 17:21

AUD/JPY hovers around 96.00 after pulling back from five-month highs

AUD/JPY continues its winning streak for the third successive session, trading around 95.80 during the European hours on Wednesday.
New
update2025.07.09 17:20

EUR/USD hesitates near weekly lows as trade tensions grow

The EUR/USD pair is practically flat on Wednesday, near the bottom of the weekly range, as investors remain wary of risk after US President Donald Trump announced new tariffs on copper and pointed to significant restrictions on pharmaceuticals.
New
update2025.07.09 17:08

NZD/USD is struggling to regain the 0.6000 level after the RBNZ's "dovish hold"

The New Zealand Dollar picked up as the market digested the RBNZ's dovish statement and tested the 0.6000 psychological level, as the market mood brightened somewhat in Wednesday's early European session.
New
update2025.07.09 17:03

WTI rises above $67.00 due to rising supply concerns, US tariffs delay

West Texas Intermediate (WTI) Oil price extends its winning streak for the third successive session, trading around $67.60 per barrel during the Asian hours on Wednesday.
New
update2025.07.09 16:54

Pound Sterling trades with caution as Trump unveils fresh tariff threats

The Pound Sterling (GBP) trades cautiously around 1.3600 against the US Dollar during European trading hours on Wednesday, with the GBP/USD pair broadly stable after United States (US) President Donald Trump threatened a series of new tariffs on Tuesday.
New
update2025.07.09 16:31

Forex Today: Tariff uncertainty weighs on mood as attention turns to FOMC Minutes

Here is what you need to know on Wednesday, July 9:
New
update2025.07.09 16:30

GBP/JPY refreshes yearly high near 200.00 on Japanese Yen's continued underperformance

The GBP/JPY pair extends its winning streak for the third trading day on Wednesday.
New
update2025.07.09 16:27

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel