Even last week already, we've seen that markets have been wanting to move on from all the drama in the Middle East. That before Trump decided that he wanted the US to intervene. And now when we see that Iran isn't going to respond forcefully and harshly, there's expectations for things to settle down.
It's a case of déjà vu with the whole conflict between Russia and Ukraine setting the example. The battle continues there and the battle will continue here as well in the Middle East. A ceasefire announcement won't stop the war but all it serves is a checkpoint for markets and global media to move on from this.
And that's what is going to happen here as the reactions to the geopolitical tensions in the past two weeks begin to fade.
This article was written by Justin Low at www.forexlive.com. Read More Details
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