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Muted reaction to Trump’s withdrawal from Iran deal. USD, CHF, JPY stay in pole position

Trump announced to withdraw from the Iran deal. Market reactions are relative limited as it seems like it’s all expected. DOW turns from initial loss to slight gain. But technically, it still has to overcome 55 day EMA (now sitting at 24442). The currency markets are also relatively steady. Dollar, Swiss and Yen are staying in pole positions.

 

 

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