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S&P expects Iraq’s fiscal and balance of payments situation to remain under pressure in 2026.
June 13th - As the Middle East war solidifies the dollars safe-haven status, traders bullish sentiment towards the dollar has risen to its highest level in over a year. According to data released by the U.S. Commodity Futures Trading Commission (CFTC), as of June 9th, hedge funds, asset management companies, and other speculators held a total of $27.8 billion in bullish bets on the dollar, the highest level since February 2025. This change in positioning indicates a continued accumulation of bullish sentiment in the market towards the worlds major reserve currency. Since the outbreak of the war in late February, the dollar has continued to strengthen and has shown high sensitivity to soaring oil prices.
U.S. Interior Secretary Doug Bergham: (Regarding the Iran negotiations) Trump has aligned himself with the parties in the region.
Iranian Foreign Minister Araqchi: Frozen funds in Iran will be released.
Iranian Foreign Minister Araqchi: Iran will ensure the safe passage of ships through the Strait of Hormuz.