Iran's army says war may spread to new arenas
According to an Iranian army spokesperson, the United States (US) continues to attack several areas, while warning that the war will spread to new arenas, the Islamic Republic News Agency (IRNA) reported. The spokesperson also said that Tehran has no confrontation with neighboring states.
Market reaction
No immediate reaction is seen in the US Dollar (USD), following remarks from the Iranian army. At press time, the US Dollar Index (DXY) trades subduedly to near 100.48.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
USD/JPY Price Forecast: Tests nine-day EMA support after falling below 157.50

PENGU Eyes Fresh Breakout as Seoul Events Boost Market Momentum

Japanese Finance Minister Reiterates Concerns: Yen Undervaluation is a "Big Problem," Will Cooperate Closely with the US to Maintain Forex Market Stability
Japanese Finance Minister Masato KATAYAMA stated that the weakness of the yen remains an ongoing concern. Japan and the United States will continue to maintain close contact in order to seek orderly functioning of the foreign exchange market.
Gold bounces off eight-week low; not out of the woods amid rising Fed hike bets
