Israel expects the ceasefire with Iran will be extended, according to source reports
Context
The expectation of an extended ceasefire between Israel and Iran may signal a temporary easing of tensions in the region, which could lead to stability in energy prices and related assets. For traders, this could reinforce risk-on sentiment, particularly in oil markets, influencing movements in WTI and potentially impacting the USD as flows shift in response to geopolitical dynamics.
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