Israeli PM Netanyahu: Trump determined to continue blockade of Hormuz Strait
Source Fxstreet
In a video statement released on Friday, Israeli Prime Minister Benjamin Netanyahu said that they have the opportunity to make a historic deal with Lebanon, per Reuters.
Key takeaways
"I agreed to a temporary ten-day ceasefire with Lebanon."
"Our key demand is that Hezbollah must be dismantled."
"Israel has not agreed to Hezbollah demand to withdraw from southern Lebanon back to intenational border."
"We will remain in Lebanon with an extensive security zone up to the Syrian border."
"President Trump told me he is determined to continue blockade of Hormuz Strait and dismantle Iran's nuclear capabilities."
Market reaction
Markets remain risk-positive in the American session and the US Dollar Index stays in the lower half of its weekly range near 97.80, losing 0.4% on the day.
Disclaimer: The content available on Mitrade Insights is provided for informational and marketing purposes only. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of investment research
Nothing in this material constitutes investment advice, personal recommendation, investment research, an offer, or a solicitation to buy or sell any financial instrument. The content has been prepared without consideration of your individual investment objectives, financial situation, or needs, and should not be treated as such.
Past performance is not a reliable indicator of future performance and/or results. Forward-looking scenarios or forecasts are not a guarantee of future performance. Actual results may differ materially from those anticipated.
Mitrade makes no representation or warranty as to the accuracy or completeness of the information provided and accepts no liability for any loss arising from reliance on such information.
Nothing in this material constitutes investment advice, personal recommendation, investment research, an offer, or a solicitation to buy or sell any financial instrument. The content has been prepared without consideration of your individual investment objectives, financial situation, or needs, and should not be treated as such.
Past performance is not a reliable indicator of future performance and/or results. Forward-looking scenarios or forecasts are not a guarantee of future performance. Actual results may differ materially from those anticipated.
Mitrade makes no representation or warranty as to the accuracy or completeness of the information provided and accepts no liability for any loss arising from reliance on such information.
Recommended Articles
Cardano (ADA) is extending its correction, trading below $0.29 at the time of writing on Thursday after posting two consecutive red candlesticks over the previous two days.
Bitcoin steadies at $70k while Ethereum and XRP face key resistance levels; technicals show bearish MACD crossovers despite oversold RSI conditions.
Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $81.78 per troy ounce, up 5.54% from the $77.48 it cost on Friday.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.80 during the early Asian trading hours on Tuesday. The WTI price falls as concerns about supply disruptions in the Middle East have faded.
Silver (XAG/USD) steadies following the previous day's modest pullback from the $84.00 mark and trades with a mild positive bias during the Asian session on Wednesday.
