How we wish the situation in the world got stable! If only! There is so much stuff happening in the world, that we do not really know what to do and what to pay most of the attention to. Of course, it is clear that we have to pay most of the attention to the situation in the Middle East right now. We are getting closer and closer towards world-wide disaster, but how we hope that the situation is going to cool down and world leaders are going to find common sense and regulate the situation in a calm manner.

Of course, I am talking about rapidly escalating tensions between USA and Iraq. What else would I talk about? The conflict between these countries is influencing both – the situation in the world as well as our trading. Traders are fleeing towards safe havens at astonishing speed as we have to hope that this tendency is going to end sooner rather than later. But, with the need for safe havens rising, it is weird to see USD so low. Or is it?

If the tensions between Iraq and USA are going to escalate, then we are likely to see USD struggling and staying still. Why? Well, some of traders are going to invest into it – it is safe haven after all. Some traders are sure to flee from it – it is an essential part of the conflict too. And what to choose and where to go is going to be pretty unclear. But, what am I saying? It is already unclear, hence such a weird performance from USD.

USD is dragging other assets behind. EUR and GBP are resting and are not making any rapid moves, so we have to wait for some development of the situation. Trading signals are going to be of great help for you when you are tracking global performance.