AntaresScorpius
Junior member
- Messages
- 37
- Likes
- 0
On Saturday, February 28, 2026, the United States and Israel confirmed they had launched a massive joint military strike against Iran. The operation, dubbed "Lion's Roar" by the Israeli military, was described by President Donald Trump as a "full-scale combat operation" aimed at eliminating the Tehran regime's nuclear and missile threats.
Regarding the forex market and the EUR/USD pair, here's what to watch for Sunday night's open:
• EUR/USD Short Gap (Possible): In sudden war scenarios, the US dollar (USD) has historically acted as a safe haven. Investors tend to sell riskier currencies (such as the euro) to take refuge in the dollar, which may cause the EUR/USD pair to open lower (short gap).
• Market Reaction: The first reactions are already visible in the cryptocurrency market, with Bitcoin dropping 3% immediately after the attack was announced.
• Oil and Inflation: Iran has already responded by striking US bases in the region (Bahrain, Qatar, and the Emirates). An escalation in the Persian Gulf could send oil prices soaring, increasing inflationary pressures and further strengthening the dollar in the short term.
• High Volatility: Analysts expect extreme volatility. The actual extent of the gap will depend on news in the coming hours, particularly regarding the intensity of Iranian retaliation and the possible involvement of other regional players.
In summary, the likelihood of a short gap on EUR/USD at the open is concrete, given the sudden nature and scale of the military intervention.
Regarding the forex market and the EUR/USD pair, here's what to watch for Sunday night's open:
• EUR/USD Short Gap (Possible): In sudden war scenarios, the US dollar (USD) has historically acted as a safe haven. Investors tend to sell riskier currencies (such as the euro) to take refuge in the dollar, which may cause the EUR/USD pair to open lower (short gap).
• Market Reaction: The first reactions are already visible in the cryptocurrency market, with Bitcoin dropping 3% immediately after the attack was announced.
• Oil and Inflation: Iran has already responded by striking US bases in the region (Bahrain, Qatar, and the Emirates). An escalation in the Persian Gulf could send oil prices soaring, increasing inflationary pressures and further strengthening the dollar in the short term.
• High Volatility: Analysts expect extreme volatility. The actual extent of the gap will depend on news in the coming hours, particularly regarding the intensity of Iranian retaliation and the possible involvement of other regional players.
In summary, the likelihood of a short gap on EUR/USD at the open is concrete, given the sudden nature and scale of the military intervention.
