Forex Today: Trump Touts Iran Deal Within Week, Stocks Higher, Crude Oil Lower - 07 May 2026

Trump Announces One-Week Deadline for Iran to Agree Deal, or War Resumes; Trump Optimistic on Deal; US, Korean, Japanese Stock Indices Power to New High; WTI Crude Oil Settles Near $95; Verbal Yen Intervention After USD/JPY Hits 2-Month Low