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Back Fundamental analysis
The Middle East Again on the Brink of Full-Scale Escalation
The currency market reacted very quickly
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The currency market reacted very quickly to the news that the Middle East is again on the brink of full-scale escalation. The dollar rose while other currencies fell after news that the US struck Iranian air defense systems, ground control points, and radars near the Strait of Hormuz after Trump accused Tehran of destroying an American Apache military helicopter.Iran immediately responded: the IRGC announced drone strikes on the headquarters of the US Fifth Fleet in Bahrain, as well as on
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Jakub Novak,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
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Pavel Vlasov
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