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“There’s a sense that the market is holding its breath in anticipation of Trump’s Iran decision later today, with him giving the usual reality show treatment to the announcement,” says John J Hardy, Saxo’s Head of Forex Strategy.
Ahead of the decision (possibly to be made public via Twitter), “the dollar and the yen are holding their recent strength in what has been a considerable eurodollar sell-off,” he adds.
Join Saxo Bank's Strats team for their expert analysis of what's happening in trading and investment.
15:06 minutes
Tags: crude oil, home.saxo, iran, john hardy forex, jpy, kim cramer larsson, ole hansen commodities, peter garnry equities, saxostrats, saxotradergo, saxotraderpro, technical analysis, trump, usd