Australian Dollar

DXY was smashed as WWIII was cancelled.

Everything is awesome as a potential ceasefire in the Middle East is underway, following an Iranian attack on a US military base in Qatar was thwarted.

As the bombs, missiles and threats are thrown around the Middle East like kids in a playground, risk markets are relatively stable following the entry of the US into the Israel-Iran war.

DXY fell Friday, but WWIII should be enough to restore it this morning.

Oil prices will gap significantly higher this morning when markets open given the illegal attack on Iran by the Trump regime over the weekend, with equity futures indicating higher volatility as well.

DXY is holding on.

The Israel-Iran war continues to dominate risk markets as the TACO-in-Chief threatens to join in with bunker busters over the weekend to eliminate the Iranian nuclear facilities.

DXY went nowhere.

Overnight saw the Federal Reserve hold fire in their latest FOMC meeting although the reasons were more domestic than foreign macro problems as the Trump regimes tariff tirades are really starting to slowdown the US economy.

The Israel-Iran war continues to dominate risk markets as the TACO-in-Chief threatens to join in with bunker busters and demands unconditional surrender.

DXY is stirring as Trump turns neocon.

The Israel-Iran war continues to dominate risk markets as Trump runs away from the G7 meeting tweeting out incoherent threats and deals while further strikes against oil tankers and other targets show the conflict spreading.

DXY is flopping around like a dead fish.

  As the G7 meeting in Canada gets underway, the headlines are still dominated by the Israeli-Iranian war with the potential for a ceasefire pushing European and US stocks higher overnight.

The Israel-Iran war continues to dominate risk markets as the new trading week gets underway here in Asia with share markets quite mixed while there has been a slight bit of strength in USD over the weekend gap, but still far from a proper safe haven bid.

Friday’s session was dominated by the Israeli-Iranian war with an initial flight to safety to USD that then faded, coupled with an actual rise in Treasury yields.

DXY breaking down during Middle East war is about as clear a signal as any that something big has changed.

A stronger than expected US initial jobless claims print  – the third week in a row that was well above expectations – gave bond and currency markets a bit of a shakeup but was overshadowed by increased Iranian tensions with the US and the plainly not-a-deal US-China trade deal.

Middle East tensions are dominating risk taking here in Asia with most share markets finishing in the red, not helped by what looks like a “non-deal” deal from the ongoing US/China talks, regardless of what the Trump regime claim has come to pass.

DXY is still sinking.

A weaker than expected US inflation print overshadowed the not-a-deal US-China trade talk announcement from the Trump regime that looks almost exactly like a return to the early April settings.

Asian share markets are having a much more relaxed session across the region as speculation of a possibly positive outcome from the US-China trade talks builds although this might be goosed tonight as European and US share futures are slowly taking a dive.

DXY weak but holding.

Another light news session overnight as speculation mounts of potential trade deals and tariff pullbacks with US-China talks progressing.