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Risk Sentiment Softens Ahead of Iran Talks as Gold and FX Weaken
Forex markets are trading cautiously today as risk sentiment softens ahead of upcoming US–Iran peace talks, with the US Dollar holding firm while commodities like Gold retreat and major currency pairs struggle to extend gains. Assets such as GBP/USD, NZD/USD, and AUD/USD are showing signs of weakness, reflecting defensive positioning as traders balance geopolitical uncertainty with broader macroeconomic expectations, resulting in limited upside across risk-sensitive markets. The Australian Dollar (AUD/USD) is trading slightly lower, edging down as market anxiety builds ahead of US–Iran peace talks. Price action ... (full story)
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