New Overnight Developments Abroad - Daily Update
Dollar Edges Marginally Higher, and and Equities Withstand Hawkish Language By Trump
May 11, 2026
(140) Developments in the U.S./Iranian stand-off seem to be exerting lessening influence on financial markets. The U.S. president called Iran’s response to his peace proposal “totally unacceptable” and warned that ceasefire is on “life support.” The dollar, which is supposed to rise when geopolitics grow tense, gained a mere 0.1% against the euro and sterling […] More
