The friction between Iran and the US was limited and has ended, Israeli Army Radio reports citing a source

This report suggests a de-escalation in tensions between Iran and the US, which could lead to a more stable market environment. The reduced friction could positively impact commodity prices, especially oil and gold, while potentially strengthening risk sentiment across the FX markets and traditional safe-haven currencies like the USD and JPY. Investors should monitor how this development influences broader geopolitical dynamics and commodity flows.