Ceasefire Is On 'Life Support': Saps Risk Appetites, Buoys The Greenback
2026-05-12·via All Articles on Seeking Alpha
Summary
The uncertainty about the US-Iran fragile ceasefire, which President Trump has said is on 'life support,' is weighing on risk-taking appetites today.
The US dollar is firmer against the G10 currencies but the Norwegian krone.
The Canadian dollar consolidated yesterday, and the greenback was confined to the pre-weekend range.
Gold initially extended yesterday’s gains to about $4773.50 today before sellers drove it below $4700 to $4687.55.
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The uncertainty about the US-Iran fragile ceasefire, which President Trump has said is on "life support," is weighing on risk-taking appetites today. Brent and WTI are up over $3, and bonds and stocks have been sold. The US
