President Trump sought options for attacking Iran to stop its growing nuclear program


President Trump sought options for attacking Iran to stop its growing nuclear program, as written in an article by the New York Times. 

''The president was dissuaded from moving ahead with a strike by advisers who warned that it could escalate into a broader conflict in his last weeks in office.

Vice President Mike Pence and Secretary of State Mike Pompeo warned President Trump against a strike on Iran and described the potential risks of military escalation,'' the article reported. 

In the end, Trump will hand President-elect Joe Biden a region that is more stable than it was four years ago and Tehran likely presumes that the departure of its archenemy, Donald Trump, could give the nation more diplomatic scope for its regional ambitions.

The incoming US president-elect has stated repeatedly that he is prepared to take a flexible stance on Iran.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Feed news

Latest Forex News


Latest Forex News

Editors’ Picks

EUR/USD settles the week below 1.22, remains bullish in the long-run

The EUR/USD pair headed into the weekly close trading at its highest for the week, a handful of pips below the 1.2200 figure. The long-term trend is bullish and investors eye 1.2413, April 2018 monthly high.

EUR/USD News

GBP/USD finds support above 1.3630 on Friday, ends week higher

The GBP/USD dropped further and bottomed at 1.3634, the lowest level in two days. Then it rebounded as US stocks trimmed losses and climbed to 1.3680. GBP/USD continues to be unable to hold firmly above 1.3700.

GBP/USD News

Gold: Recapturing $1857 critical for XAU bulls in the FOMC week ahead

Gold (XAU/USD) fell 1% on Friday as risk-off mood and stellar US Markit Manufacturing PMI boosted the US dollar. Attention now turns towards next week’s FOMC decision and the first-tier US economic data fresh trading opportunity in gold. 

Gold news

Is gold about to shine again? Talking havens, currencies, markets as the Biden era begins

Can US fiscal relief hopes continue boosting markets? What will happen if relief and vaccine hopes do not materialize? Valeria Bednarik, Joseph Trevisani, and Yohay Elam discuss the next moves in markets as Joe Biden enters the White House.

Read more

US Dollar struggles for direction just above 90.00

The greenback finds it difficult to leave behind the recent weakness and now navigates without a clear direction in the vicinity of the 90.00 mark when tracked by the US Dollar Index (DXY).

US Dollar Index News

Forex MAJORS

Cryptocurrencies

Signatures