Trusted by over 15 Million Traders
The Most Awarded Broker
for a Reason
market analysis
Trump suspends his "decapitation" action against Iran! Countdown to the pharmaceutical tariff storm
Wonderful Introduction:
The moon has phases, people have joys and sorrows, whether life has changes, the year has four seasons, after the long night, you can see dawn, suffer pain, you can have happiness, endure the cold winter, you don’t need to lie down, and after all the cold plums, you can look forward to the New Year.
Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Decision Analysis]: Trump suspends the "decapitation" action against Iran! Countdown to the medical tariff storm". Hope it will be helpful to you! The original content is as follows:
On June 18, early trading in Asia on Wednesday, Beijing time, the US dollar index hovered around 98.78. U.S. retail sales were weaker than expected in May on Tuesday, but consumer spending was still supported by solid wage growth. The US dollar index weakened after the data was released, but as the market digested the mixed situation reflected by the data, the US dollar quickly reversed its decline and finally closed up 0.69% to 98.84. The benchmark 10-year U.S. Treasury yield closed at 4.3940%, while the 2-year U.S. Treasury yield closed at 3.9600%. Although tensions in Iran and Israel boosted safe-haven demand, the dollar strengthened limited gains, with spot gold finally closing up 0.14% to close at $3,389.49/ounce; spot silver prices soared to a 13-year high and finally closed up 2.32% to $37.13/ounce. Geopolitical tensions have left the market nervous as Trump urges everyone to evacuate from Tehran. WTI crude oil finally closed up 5.38% at $73.75 per barrel; Brent crude oil closed up 6.31% at $77.01 per barrel.
Analysis of major currencies
Dollar Index: As of press time, the US dollar index hovers around 98.78. Worries about the escalating war between Israel and Iran boosted demand for safe-haven assets, but the dollar failed to get any significant support from this background. The U.S. dollar index is working to expand gains, breaking through the 98.00 level and remains dangerously close to the multi-year low of 97.50 hit last week. Technically, if the US dollar index successfully closes above 50MA at 98.59, it will move towards the next resistance level in the 99.00–99.20 range
Analysis of gold and crude oil market trends
1) Analysis of gold market trends
Which trading was held in Asian trading on Wednesday, gold trading was around 3385.93. Gold prices fell below $3,400 on Tuesday despite deteriorating risk appetite, as the overall strength of the dollar pushed gold down. Still, the escalation of the Israel-Iran conflict may support precious metals because of its hedge appeal.
2) Analysis of crude oil market trends
On Wednesday, crude oil trading at 74.92close. WTI prices continued to rise as tensions in the Middle East escalated and the likelihood of the U.S. (US) getting involved in conflict. U.S. President Donald Trump posted on his social media platform calling for Iran to "unconditional surrender." Amid escalating tensions between Israel and Iran, fears that the U.S. will be involved in the conflict, pushing up WTI prices. In addition, a senior xmserving.commander said on Saturday that Iran, a major oil producer, is considering closing the Strait of Hormuz. This, in turn, could push up crude oil prices in the short term.
Forex market trading reminder on June 18, 2025
①To be determined 2025 Lujiazui Forum was held in Shanghai
②14:00 UK May CPI monthly rate
③14:00 UK May retail price index monthly rate
④16:00 Eurozone April seasonally adjusted current account
⑤17:00 Eurozone May CPI annual rate final value
⑥17:00 Eurozone May CPI monthly rate final value
⑦20:30 Number of initial unemployment claims in the week from the United States to June 14
⑧20:30 The total number of new houses started in May in the United States
⑨20:30 Total number of construction permits in the United States in May
⑩22:30 EIA crude oil depots in the week from the United States to June 13 Stock
22:30 EIA Cushing crude oil inventories in the week from the United States to June 13
22:30 EIA strategic oil reserve inventories in the week from the United States to June 13
23:15 Bank of Canada Governor McClum delivered a speech
00:00 the next day to the week from the United States to June 13
02:00 the next day The Federal Reserve FOMC announced the interest rate resolution and economic expectations summary
The next day, Fed Chairman Powell held a monetary policy press conference
The above content is about "[XM Foreign Exchange Decision Analysis]: Trump suspended the "decapitation" action against Iran! Countdown to the pharmaceutical tariff storm", which was carefully xmserving.compiled and edited by the XM Foreign Exchange editor. I hope it will be helpful to your transactions! Thanks for the support!
Share, just as simple as a gust of wind can bring refreshment, just as pure as a flower can bring fragrance. The dusty heart gradually opened, and I learned to share, sharing is actually so simple.
Disclaimers: XM Group only provides execution services and access permissions for online trading platforms, and allows individuals to view and/or use the website or the content provided on the website, but has no intention of making any changes or extensions, nor will it change or extend its services and access permissions. All access and usage permissions will be subject to the following terms and conditions: (i) Terms and conditions; (ii) Risk warning; And (iii) a complete disclaimer. Please note that all information provided on the website is for general informational purposes only. In addition, the content of all XM online trading platforms does not constitute, and cannot be used for any unauthorized financial market trading invitations and/or invitations. Financial market transactions pose significant risks to your investment capital.
All materials published on online trading platforms are only intended for educational/informational purposes and do not include or should be considered for financial, investment tax, or trading related consulting and advice, or transaction price records, or any financial product or non invitation related trading offers or invitations.
All content provided by XM and third-party suppliers on this website, including opinions, news, research, analysis, prices, other information, and third-party website links, remains unchanged and is provided as general market commentary rather than investment advice. All materials published on online trading platforms are only for educational/informational purposes and do not include or should be considered as applicable to financial, investment tax, or trading related advice and recommendations, or transaction price records, or any financial product or non invitation related financial offers or invitations. Please ensure that you have read and fully understood the information on XM's non independent investment research tips and risk warnings. For more details, please click here
CATEGORIES
News
- 【XM Market Analysis】--Nifty 50 Forecast: Will We Break Higher?
- 【XM Group】--Gold Analysis: Market Performance Affected by Weak Liquidity
- 【XM Forex】--USD/PKR Analysis: Trends Higher Amid Controlled Market
- 【XM Forex】--AUD/USD Forecast: Aussie Dollar Battles Key Support
- 【XM Market Review】--USD/MYR Forex Signal: US Dollar Plunges Against Malaysian Ri