After touching a high of nearly 1.17915 on Monday, the EUR/USD was trading around 1.16690 on Thursday, this before going into the weekend around 1.17170.

The finish for WTI Crude Oil going into this weekend was near $93.115, this after touching a high close to 96.950 on Thursday, and having completed the previous week’s results below $84.000.

Increased expectations of a peace deal soon between the USA and Iran have pushed stocks and other risky assets higher for another week, but the bearish news over the weekend as talks break down suggest Monday is likely to open with a gap down and more risk-off sentiment.

Gold, silver, Nasdaq and major FX pairs show sensitivity to rates and geopolitics, with defined ranges and reactive price behavior.

The EUR/USD pair ended a three-week winning streak and settled below the 1.1700 mark as the US Dollar (USD) strengthened amid Middle East uncertainty.

United States President Donald Trump’s nominee to succeed Jerome Powell as Federal Reserve Chair, Kevin Warsh, faced senators, and there was no subtlety.