Select Language

US President Donald Trump says US will continue to support Israel

Breaking news

US President Donald Trump says US will continue to support Israel

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.06.16 07:46
US President Donald Trump says US will continue to support Israel

update 2025.06.16 07:46

US President Donald Trump said on Sunday that the United States will continue to support Israel, adding that he hopes there will be a deal between Iran and Israel but they have to fight it out. 

Trump opposed an Israeli plan to kill Iran's Supreme Leader Ayatollah Ali Khamenei as the US President prefers to keep the US out of the fray for now.

Key quotes

Says he hopes there will be a deal between Iran and Israel, but sometimes you have to fight it out.
Says he does not want to say if he has asked Israel to pause strikes on Iran.
Says US will continue to support Israel in its defense.

Market reaction

At the time of writing, the Gold price (XAU/USD) is trading 0.41% higher on the day to trade at $3,445.

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

 : 2025.06.16

Update

Last updated

 : 2025.06.16

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

Pound Sterling wobbles against US Dollar at the start of Fed-BoE monetary policy week

The Pound Sterling (GBP) ticks up to near 1.3590 against the US Dollar (USD) so far on Monday, remaining inside Friday's trading range.
New
update2025.06.16 17:01

Forex Today: Markets focus on geopolitics as Iran-Israel conflict deepens

Here is what you need to know on Monday, June 16:
New
update2025.06.16 16:57

NZD/USD Price Forecast: Moves toward 0.6050 after breaking above nine-day EMA

NZD/USD is retracing its recent losses, trading around 0.6030 during the European hours on Monday. The technical analysis of the daily chart suggests that the bullish bias is prevailing as the pair remains within an ascending channel pattern.
New
update2025.06.16 16:46

EUR/USD regains lost ground as fears about the Middle East conflict ease

The EUR/USD pair is trading with moderate advances on Monday, extending its recovery after Friday's reversal, following Israel's attack on Iran.
New
update2025.06.16 16:46

WTI Oil corrects lower from $75.00, but remains well above May's range

Crude prices have pulled back from five-month highs right above the $75.00 level on Monday, but they remain 12% above the levels seen one month ago, boosted by investors' concern about supply disruptions stemming from the Iran-Israel war.The price of the West Texas Intermediate barrel jumped about 3
New
update2025.06.16 16:31

ECB's Nagel: It is not sensible to signal either pause or rate cut for the time being

European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel is delivering a speech titled "Goal achieved - no reason to give up" in Frankfurt, Germany, on Monday.
New
update2025.06.16 16:30

FX option expiries for Jun 16 NY cut

FX option expiries for Jun 16 NY cut at 10:00 Eastern Time vi a DTCC can be found below.
New
update2025.06.16 16:18

US Dollar Index holds steady above 98.00 on heightened Middle East geopolitical tensions

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a flat note near 98.15 during the early European session on Monday.
New
update2025.06.16 16:04

Crude Oil price today: WTI price bullish at European opening

West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $71.80 per barrel, up from Friday's close at $71.61.
New
update2025.06.16 15:16

EUR/JPY Price Forecast: Key upside barrier emerges near 166.50

The EUR/JPY cross extends its upside to around 166.50 during the early European trading hours on Monday. A generally positive tone around the equity markets weighs on the safe-haven currency like the Japanese Yen (JPY).
New
update2025.06.16 15:08

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