Panic takes over amid market talks of a US strike on Iran
|Markets enter panic mode on headlines indicating United States (US) President Donald Trump has become more inclined to strike Iran's nuclear facilities, according to senior White House officials, as cited by Fox News.
President Trump is meeting with his National Security Council, according to the White House, and is expected to offer a statement on the matter afterward.
Market reaction
The US Dollar (USD) accelerated its advance with mounting fears, with the Dollar Index (DXY) hovering around 98.80 at the time of writing.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.