Will the EUR/USD be impacted by France’s recognition of a Palestinian state?

According to a report in Reuters, France intends to recognize a Palestinian state during the United Nations General Assembly this September. Reuters quotes France’s president Emmanuel Macron as saying, “True to its historic commitment to a just and lasting peace in the Middle East, I have decided that France will recognise the state of Palestine.”  … Continue reading Will the EUR/USD be impacted by France’s recognition of a Palestinian state?

Biden supports a two-state solution for Israel and Palestine.

At 10:06 am as President Joe Biden began delivering remarks from Tel Aviv, the EUR/USD was 1.05475 and GBP/USD was 1.21622. Mr Biden reiterated that the United States supported Israel; that the Jewish state would not stand alone. Mr Biden also noted that the United States saw no higher priority than getting back American hostages. … Continue reading Biden supports a two-state solution for Israel and Palestine.