Iran could close Strait of Hormuz if US navy blockade persists – Fars News

Citing an Iranian official, Fars News Agency reported on Friday that if the US naval blockade persists, Tehran will consider it a violation of the ceasefire and close the Strait of Hormuz, per Reuters.

Market reaction

Although the immediate market reaction to this headline was largelu muted, the US Dollar (USD) Index recovered slightly from the seven-week low it set near 97.60 earlier in the day. At the time of press, the USD Index was down 0.33% on the day at 97.85.

Apr 17, 2026

SEK: Growth and flows outweigh carry concerns – Nordea

Nordea’s Henrik Unell maintains a constructive stance on the Swedish Krona, arguing that carry should be secondary to growth prospects and equity flows.

Silver Price Forecast: XAG/USD jumps on weaker Dollar, revived Fed rate‑cut bets

Silver (XAG/USD) surges on Friday, trading around $82.60 at the time of writing, up 5.40% on the day as the US Dollar (USD) weakens and markets reassess the outlook for United States (US) monetary policy.