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US sends thousands of Marines and three warships to Middle East – WSJ

Eren Sengezer FXStreet

Citing officials, the Wall Street Journal reported on Friday that the Pentagon is sending roughly "2,200 to 2,500 Marines from the California-based USS Boxer amphibious ready group and 11th Marine Expeditionary Unit," to the Middle East, alongside three warships.

Market reaction

Markets remain risk-averse following this headline. At the time of press, the Nasdaq Composite was down 1.2% on the day, while the S&P 500 was losing about 0.8%.

In the meantime, the US Dollar Index clings to small daily gains above 99.60 but remains on track to end the week in negative territory.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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US sends thousands of Marines and three warships to Middle East – WSJ

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