US President Trump: Iran's new regime President asked for a ceasefire

Eren Sengezer FXStreet

In a post published on Truth Social on Wednesday, United States (US) President Donald Trump said that Iran’s new regime President, who is "much less radicalized and far more intelligent than his predecessors," has asked the US for a ceasefire.

"We will consider when Hormuz Strait is open, free, and clear. Until then, we are blasting Iran into oblivion or, as they say, back to the Stone Ages," he added.

Market reaction

US stock index futures stay in positive territory and the US Dollar (USD) Index stays close to daily lows near 99.50. As of writing, Dow Futures were up 0.5%, while the Nasdaq Futures were gaining 0.8%.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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