Monday open levels, indicative FX prices, 16 June 2025 – USD up after Trump bombs Iran

Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week. Indicative rates following US strikes on Iran. The USD is higher, but its not a large move.

• EUR/USD 1.1473
• USD/JPY 146.09
• GBP/USD 1.3408
• USD/CHF 0.8189
• USD/CAD 1.3745
• AUD/USD 0.6439
• NZD/USD 0.5955

The news ICYMI:

• BREAKING: U.S. Successfully Struck Iran Nuclear Sites
• What’s Next after Iran Strikes?

There was a degree of complacency after Trump said ‘within two weeks’, some traders ignored that ‘within’ meant ‘anytime within’ two weeks. I warned about this back on Friday, “the phrasing doesn’t rule out an immediate move“. I’m hoping no one reading ForexLive fell into the complacency trap.

This article was written by Eamonn Sheridan at www.forexlive.com.