Tonight we’ve got one of the most important decisions Mr. Trump has made since he’s gotten to office.
2 choices while one seems more reasonable than the other:
- The agreement will stand although, the need for adjustments which will be made during the ongoing negotiations with Iran, will sustain.
- The U.S. will remove itself from any accountability in the matter of the agreement – thus creates a situation of insignynuclear agreement which will force Iran to either go back the table (for an negotiation) – or to retaliate…
Either way, this situation creates a lot of trades volatility and opportunities – most of them is forced on the U.S dollar.
As you can see on the chart below, the U.S dollar index enjoys a Bullish momentum during the past month- which effects trades comparing to assets- on the reversed way (I.e dollars goes up while what’s being trade against it- goes down).
Any assets that’s been traded against the U.S dollar suffers reduction during the past 4 weeks and shall the deceleration continues further tonight – the sentiment can get even stronger…
Related Assets such as – Gold/Silver/EUR/GBP/AUD
Are all expected to keep getting weaker against the U.S Dollar.