US President Trump appears to soften stance on Iran's missile programme, via WSJ

President Trump's softened stance on Iran's missile program suggests a shift in focus toward nuclear containment, which may ease tensions in the region. This could have implications for energy markets and safe-haven assets, as any de-escalation might stabilize oil prices and reduce demand for currencies like the USD and JPY that typically strengthen in geopolitical uncertainty. Traders should monitor how this plays into broader market sentiment and FX flows.