Dollar slides, stocks jump as Trump signals pause on Iran strikes

The dollar dropped and stocks rose after Trump delayed military strikes on Iran.

Source: Reuters (via feed)




The dollar plunged on Monday after Donald Trump said he had asked the Department of Defence to postpone military strikes against Iranian power plants and energy infrastructure.

Trump specified the delay would last for five days.

Stocks surged in the same session.

The announcement mentioned “any and all” military strikes were postponed.

BizTrendWire Insight:

The dollar and stocks moved sharply following the announcement of a military strike postponement.


Read full story on Reuters

Leave a Reply

Your email address will not be published. Required fields are marked *