---
title: Daily Market View 11-05-2026
description: Iran rejects US peace offers as conflict escalates, impacting FX markets. Analyze the latest developments and their potential effects on currency trading.
---

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# [Daily Market View 11-05-2026](https://caxton.io/fx-news/daily-market-view-11-05-2026)

 Written by [David Stritch](https://caxton.io/fx-news/author/david-stritch) | May 11, 2026 8:26:04 AM

# Peace rejected as war drags on

USD -

Unsurprisingly, peace talks last week were ruined this weekend owning to the two sides inability to come to some sort of consensus on Iranian nuclear material. Trump offered a phased approach to reopeing the strait to the Iranians, which they have

I do not suspect that this is yet another Trump rug pull of those hopeful of peace, this may actually be a more kinetic and forceful attempt to bring Iran to the table more quickly. Although, so far at least, the Iranians have shown themselves pretty resistant to threat and so the chances of this backfiring and actually making the Iranians less likely to negotiate. 

Overall, I suspect this weekend will all the difference when it comes to the conflict. 

Markets Today

*Please be aware the below rates represent the market rate at 7:30 AM, contact your Caxton dealer on check online for a live quote

## Today's Economic Calendar

## 13:30 US Non-Farm Payrolls

 

[View full post](https://caxton.io/fx-news/daily-market-view-11-05-2026)

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