Adding that defensive systems are operating to intercept the latest threat. The war rages on and both sides are still lobbing strikes at each other all through the day and night. With Trump now leaving the G7 summit early, the question is whether the US is going to step in and escalate the conflict even more in the day(s) ahead.

The market seemed ready and keen to move on from all this yesterday before Trump put the spotlight back on things. If anything, that shows the want for risk appetite to bounce back already. Barring any major escalation and the unthinkable, it is perhaps just a matter of getting the headlines out of the way.

Source: Forex Live