|

US President Trump on Iran: Military operations will continue until all objectives are achieved

In a newly released speech in the wee hours of Asia on Monday, US President Donald Trump pledged that combat operations will continue in Iran until America’s objectives are met.

Key quotes

We have hit hundreds of targets including Revolutionary Guard facilities, air defense systems and nine ships plus naval building.

Combat operations continue.

Military operations will continue until all of our objectives are achieved.

There will likely be more US casualties.

Iranian regime armed with long range missiles and nuclear weapons would be a dire threat to every American.

US will avenge the deaths of Americans.

US lawmakers see no plan for Iran following strikes.

Urge Revolutionary Guard, Iranian military and police to lay down arms and receive immunity or face certain death.

Call on Iranians to seize this moment take back your country.

To Iranians: America is with you.

 

Author

Dhwani Mehta

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

More from Dhwani Mehta
Share:

Editor's Picks

GBP/USD hovers above 1.3450 on US-Iran uncertainty

GBP/USD defends minor bids above 1.3450 in the European session on Monday, courtesy of the US Dollar's listless trading. Markets continue to assess the developments surrounding US-Iran tensions, following the weekend hostilities. The UK employment report will be in the spotlight later on Tuesday. 


EUR/USD stays below 1.1450, markets await clarity on US-Iran conflict

EUR/USD fluctuates in a tight channel below 1.1450 in the second half of the day on Monday as investors refrain from taking large positions amid the uncertainty surrounding the crisis in the Middle East. Later in the week, the European Central Bank (ECB) will announce its interest rate decision.

Gold flat lines around $4,000; bearish bias remains as inflation fears lift Fed hike bets

Gold struggles to capitalize on a modest intraday bounce and trades around the $4,000 psychological mark, or nearly unchanged, heading into the European session. Rising geopolitical tensions and expectations of higher US interest rates act as a tailwind for the US Dollar, which caps the upside for the commodity and favors bearish traders.

Ethereum remains fragile underneath the surface despite outperformance

Ethereum's outperformance over the past week shows it's gaining relative strength against other top cryptocurrencies, but under the surface, key metrics indicate its rise remains fragile. Between last week and Wednesday, ETH recorded double-digit gains, outperforming fellow crypto majors Bitcoin, XRP, and Solana, before the broader market began to correct on Thursday.

Cardano holds steady as Van Rossem hard fork goes live 

Cardano (ADA) stalls at $0.165 after a modest rebound in the previous week. The activation of the Van Rossem hard fork on Saturday marked Cardano’s first protocol upgrade approved entirely through onchain governance, which introduced Protocol Version 11 with improvements aimed at reducing smart contract costs.

-0.4%: Why the biggest CPI drop since 2020 couldn't buy back a single cut

The June CPI fell 0.4% on the month, the largest one-month decline since April 2020, dragging the annual rate to 3.5% from May's 4.2% and snapping a three-month acceleration streak. Core prices went nowhere, flat on the month and down to 2.6% YoY, both under consensus.