The Wall Street Journal quotes 3 anonymous officials:
- Israel could soon respond to Saturday’s Iranian attack, according to three Western officials.
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But the United States will not participate in such an offensive operation, the officials said.
- The United States is pushing Israel not to do anything that could escalate the conflict. “We are not going to participate in any offensive operations against Iran,” one official said.
Weekend news ICYMI
read from bottom to top for timeline:
- This is the most dangerous moment in geopolitics since the start of the war in Ukraine
- Iran claims to have struck Israeli military base in Nagev
- Footage appears to show strikes in Israel
- Senior Israeli official says there will be a ‘meaningful response’
- Video shows active air defense just above Israel, sirens blaring and reports of explosions
- Iran says ‘matter can be considered settled’
- Bitcoin plunges amid Middle East war fears
- Iran fires ballistic missiles at Israel
- Iran launches drone barrage towards Israel
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In times of geopolitical unrest like this, there are typically flows into “safe haven/liquidity” currencies such as USD, JPY and CHF.
As I said earlier, the market reaction has been muted so far.
This article was written by Eamonn Sheridan at www.forexlive.com.
cnbctv18-forexlive