Reports that Iran has launched ballistic missiles towards southern IsraelJapan's chief cabinet secretary Hayashi says Japan to hold upper house election on July 20PBOC sets USD/ CNY central rate at 7.1656 (vs. estimate at 7.1605)Iran's Foreign Minister (in effect) announces the start of the ceasefireFrance24 reporter says no sound or reports of strikes in Tehran: "Tehran ... a calm dawn"Iran's Foreign Minister says Iran will stop if Israel doesThere are more officials in Iran denying there is a ceasefire agreementMore reports on Iran-Israel war, Iran reports the heaviest bombardment since war beganAmazon to invest $54 bn in UK over the next three yearsMore on the ceasefire, and has there been a coup in Iran?Unconfirmed reports of an assassination attempt on a senior Iranian officialIsrael agreed to ceasefire so long as Iran does not launch further attacksJapanese Economy Minister Akazawa to visit the US as early as June 26th for tariff talksUSD and oil both lower in morning Asia tradeMore ceasefire confirmation - Senior Iranian official confirms to ReutersNews of Iranian confirmation of ceasefire agreement filtering in now - all goodCNN reports that Iran has not received any ceasefire proposalTrump announces Iran and Israel have agreed to a “Complete and Total CEASEFIRE"HSBC turns more bullish on euro, sees it to 1.20, as de-dollarization trend gains momentumSouth Korea consumer sentiment jumps, inflation expectations dropICYMI - Wall Street Journal: "Ford Still Scrambling to Get Rare-Earth Magnets"Major US stock indices close near highs. Buyers come in on the dip to the 200 hour MAs.Forexlive Americas FX news wrap: Oil smashed lower as Middle East de-escalatesTrade ideas thread - Tuesday, 24 June, insightful charts, technical analysis, ideas
“On the assumption that everything works as it should, which it will, I would like to congratulate both Countries, Israel and Iran, on having the Stamina, Courage, and Intelligence to end, what should be called, 'THE 12 DAY WAR',” Trump posted on Truth Social.
The announcement came after the U.S. trading session closed. U.S. crude futures fell, while S&P 500 e-mini futures rose once trading resumed.
The ceasefire was due to begin at 0400 GMT (midnight U.S. Eastern), but Iran’s Foreign Minister clearly said that Tehran only recognised a cessation in hostilities at 4:00am Iran Standard Time (IRST) (0030 GMT / 8:30pm U.S. Eastern).
At 4:00am IRST, Israeli strikes appeared to halt, and a brief quiet held. Indeed, the Iranian Foreign Minister appeared to confirm Iranian hostilities has ceased. That lull lasted just over an hour — Iran then launched missiles at southern, central, and northern Israel. By its own timeline, Iran had broken the ceasefire.
As of writing, the U.S. dollar has held on to its earlier losses despite the renewed hostilities. Oil prices, too, remain lower.
Other headlines were sparse:
Japan’s Economy Minister Akazawa is reportedly heading to the U.S. as early as June 26 for a seventh round of tariff talks — the first ministerial-level negotiations since the Japan-U.S. summit in Canada on June 16.The PBOC set its USD/CNY mid-point at the strongest level (for CNY, i.e. lowest for USD/CNY) since November 8, 2024
USD index (DXY), hourly:
This article was written by Eamonn Sheridan at www.forexlive.com.
Read More Details
Finally We wish PressBee provided you with enough information of ( ForexLive Asia-Pacific FX news wrap: Trump announces an Iran-Israel ceasefire )
Also on site :