USD safe-haven demand rises on geopolitical tensions despite ceasefire

The US dollar has strengthened across major pairs, with USD/JPY climbing 0.2% to 156.85 and EUR/USD dipping 0.15% to 1.0520, as markets digest geopolitical developments announced via social media. Despite Trump's ceasefire announcement, traders remain cautious, driving safe-haven flows into the dollar and yen. The unconventional diplomatic communication through social platforms has added to market uncertainty, with investors seeking clarity on the conflict's location and parties involved. Gold prices have also risen 0.3% to $2,635 per ounce, confirming risk-off sentiment. Technical indicators show USD/JPY testing resistance at 157.00, while EUR/USD found support at the 1.0500 psychological level. Market participants are closely monitoring official government channels for confirmation and details of the ceasefire agreement. The unusual nature of this announcement may continue to fuel volatility in currency markets as traders assess the credibility and sustainability of the peace arrangement.