Market response to Israel attack on Iran: Yen up, Oil rockets higher.

Forex Short News

Iran has launched an attack on Iran.

We got a 10 minute or so warning:

Then:

Markets:

Oil is rocketing higher, Brent highs circa US$73 and just above’

  • USD/JPY under 143
  • USD/CHF circa 0.8060
  • USD higher vs. AUD, EUR, NZD, GBP
  • US equity indexes smashed, ES and NQ down 1% and more
  • Gold up

This article was written by Eamonn Sheridan at www.forexlive.com.