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Upside momentum fades after rejection at 0.8000

USD/CHF extends losses for a second consecutive day on Tuesday as easing tensions between the United States (US) and Iran weigh on demand for the safe-haven US Dollar (USD). At the time of writing, the pair trades around 0.7921, down 0.30% on the day.Despite improving market sentiment, traders remain cautious ahead of the formal signing of the agreement on Friday. Iran’s Foreign Minister Abbas Araghchi warned that any Israeli attack on Lebanon or continued occupation…

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Kristi Noem alleges China runs travel agency-style smuggling operation

China is allegedly orchestrating a highly coordinated, “travel agency”-style operation designed to funnel Chinese nationals across U.S. borders, former Department of Homeland Security Secretary Kristi Noem said Tuesday. Speaking exclusively on FOX Business’ “Mornings with Maria,” the current special envoy for the Shield of the Americas detailed intelligence she said…

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