Initially, the market absorbed the Iranian-Israeli war, but if it expands further, demand for the yen, gold, etc. may increase as safe havens.
⬅️ We have a hot week ahead in economic events. Today, Monday, there are no data releases, but tomorrow, Tuesday, is the Japanese interest rate decision.
🔷 Then the most important event is on Wednesday, June 18, 2025, the U.S. interest rate decision and a press conference from the Federal Reserve.
🔷 On Thursday, there will be the Swiss interest rate decision followed the same day by the British interest rate decision in the evening.
⬅️ It is a week of interest rate decisions from the largest central banks in America, Europe, Japan, and the world, so caution is advised until Thursday.