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8 Jan 2020

Iran's Zarif: US reports on missile attack should not be based on illusions

Iranian Foreign Minister Mohammad Javad Zarif has said that the US assessments on Tehran's strikes should "not be based on illusions." 

He added that his country sent a message to the Americans immediately after the killing of Quds commander Qassem Suleimani. Zarif also repeated the words of Iran's supreme leader Ali Khamenei, that said that the military action early on Wednesday was only a slap and that ending American presence in the Middle East will be the real revenge. 

Gold and oil prices spiked in response to Iran's attack, but both assets pared their gains after President Donald Trump said that all is well, and the Pentagon did not report any casualties. 

Jan 8, 2020

USD/INR: Indian rupee recovers, but not out of the woods yet

USD/INR gapped higher for the third day in a row this Wednesday, as the rally in oil prices escalating US-Iran geopolitical tensions continued to unde
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Jan 8, 2020

GBP/USD is consolidating near term – Commerzbank

According to Karen Jones, analyst at Commerzbank, GBP/USD is consolidating near term as it remains capped by Fibonacci resistance at 1.3285, initial r
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