EUR/USD edges higher above 1.1700 on US-Iran peace optimism, US NFP data looms

The EUR/USD pair posts modest gains around 1.1730 during the early Asian session on Monday, supported by growing optimism surrounding a potential US-Iran peace deal. Markets might turn cautious later in the day ahead of the highly-anticipated US Nonfarm Payrolls (NFP) report for April. The US President Donald Trump administration has been waiting for Iran to respond to its proposal to reopen the Strait of Hormuz and end the war. On Wednesday, an Iranian official said…

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AI could help return defense manufacturing to US, CEO says

The Trump administration’s efforts to curtail U.S. dependence on China are intensifying as artificial intelligence exposes vulnerabilities deep inside America’s military supply chain. Exiger CEO Brandon Daniels joined FOX Business’ Maria Bartiromo on “Mornings with Maria” to discuss how artificial intelligence is being used to trace the origin of critical…

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