On June 19, 2025, markets remain cautious following the Federal Reserve’s hawkish pause, maintaining rates at 4.25%-4.50% and signaling only two rate cuts by year-end 2025. Escalating Israel-Iran tensions, now in their seventh day with Trump approving potential US strikes, drive safe-haven flows. Gold (XAU/USD) edges higher to $3,370.20, but USD strength (DXY at 98.90) caps gains below $3,400. Silver (XAG/USD) holds steady at $36.75, supported by bullish technicals. EUR/USD softens to 1.1465, awaiting ECB speeches, while GBP/USD hovers at 1.3410 ahead of the BoE’s expected 4.25% rate hold. AUD/USD dips to 0.6470, ... (full story)