Amidst rising tensions in the Middle East, the U.S. dollar rallies, proving even currencies have a dark side.
Amidst rising tensions in the Middle East, the U.S. dollar rallies, proving even currencies have a dark side.

Disturbance in the Forex: A Currency Rises

The Force is strong with this one... the U.S. dollar that is. After wallowing in the depths of a three year low it has risen! The dollar's sudden burst of strength came as news broke of Israeli airstrikes against Iran. Clearly fear is a powerful ally even for currencies. It seems the markets like the Jedi Council are easily spooked. Perhaps they should have foreseen this? I find their lack of foresight disturbing. The dollar index that pathetic measure of freedom rose 0.3%. A small victory but a victory nonetheless.

Netanyahu's Gambit: A Targeted Strike

Prime Minister Netanyahu boldly declared a 'targeted military operation' against Iran's nuclear and ballistic missile program. Iran retaliated with more than 100 drones and I sense a great disturbance in the Force. This is merely a taste of the power of the dark side. U.S. Secretary of State Marco Rubio ever the cautious politician claims the U.S. wasn't involved. As if that matters. Control is an illusion.

Safe Haven or Illusion? The Dollar's Game

Ah the dollar that beacon of hope in a galaxy far far away... or you know just on Earth. Its role as a safe haven asset was confirmed as it rose against even the Swiss franc and Japanese yen. Foolish investors seek stability in times of chaos. Little do they know there is no peace only passion. The dollar is merely a tool a weapon to control the weak minded.

The Strategists Speak: A Dark Prognosis

The strategists at ING babble about oversold dollars and market rebounds. They suggest the conflict's impact on oil prices will continue to pressure the dollar. I sense much fear in their analysis. But fear leads to anger anger leads to hate hate leads to... well a stronger dollar perhaps? The ways of the Force and the markets are mysterious.

Trump's Shadow and the Fed's Folly

Before this chaos the dollar was in freefall exacerbated by Trump's policies and expectations of Federal Reserve rate cuts. The incompetent decisions of these politicians and economists are astounding. Their short sightedness is their weakness. Let them underestimate the power of the dollar.

Oil and Gold: The Real Treasures

Oil and gold have risen. Gold that shiny metal sought by the greedy reached an almost two month high. Oil prices surged fueled by fears of disruption. Deutsche Bank strategists lament the "risk off move" across markets. Pathetic. Fear is a tool to be wielded not to be succumbed to. The Sith control the galaxy through fear. The markets are no different.


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