FX Handover Iran Sanctions Weigh On Sentiment
A summary of news and snapshot of moves from today’s Asia session.
Share this:
- A risk off session in Asia saw gold and JPY strengthen and weigh on USD.
- Trump placed sanctions on Iranian supreme leader and top officials. Iran says the sanctions mean the diplomatic path has closed forever.
- Ahead of the G20, a senior official claims Trump said Trump is “comfortable with any outcome” from talks with Chinese President Xi Jinping.
- Gold burst to a 6-year high with little in the way of resistance coming from the 2013 high. USD/JPY fell to its lowest level since January’s flash crash. Asian equities broadly lower, led by Hang Seng 1400 and China’s CSI300. US futures all point lower.
- NZD and JPY are the strongest majors, CAD, AUD and USD are the weakest.
- A risk off session in Asia saw gold and JPY strengthen and weigh on USD.
- Trump placed sanctions on Iranian supreme leader and top officials. Iran says the sanctions mean the diplomatic path has closed forever.
- Ahead of the G20, a senior official claims Trump said Trump is “comfortable with any outcome” from talks with Chinese President Xi Jinping.
- Gold burst to a 6-year high with little in the way of resistance coming from the 2013 high. USD/JPY fell to its lowest level since January’s flash crash. Asian equities broadly lower, led by Hang Seng 1400 and China’s CSI300. US futures all point lower.
- NZD and JPY are the strongest majors, CAD, AUD and USD are the weakest.
Latest market news
The complete CFD trading experience
Award-winning platforms, competitive spreads, low commissions and dedicated support.
We live and breathe the markets and are dedicated to helping traders realise their ambitions as we continue to set the industry bar.
Economic calendar
Web Trader platform
Our sophisticated web-based platform is packed with features.
Related articles
EUR/USD weekly outlook: Oil, inflation and NFP in focus
After coming under significant pressure in recent weeks, the EUR/USD came off its lows to finish the week on a positive note on Friday, albeit with only a mild rebound. That was not enough to prevent the exchange rate falling for the third consecutive week, as the US dollar and bond yields rallied across the board.
USD/JPY Weekly Outlook: Payrolls loom as US rates remain the dominant driver
Strong US growth and hawkish Fed pricing continue to support USD/JPY, while intervention risk appears to be kicking in at lower levels
EUR/USD Q4 2026 Outlook: Euro at a Crossroads as Fed, ECB Tighten 9 25 2026
EUR/USD enters Q4 at a pivotal inflection point as competing Fed-ECB policy paths and persistent inflation risks collide with major technical support.
StoneX Europe Ltd may make third party material available on this website which may contain information included but not limited to the conditions of financial markets. The material is for information purposes only and does not contain, and should not be construed as containing, investment advice and/or investment recommendation and/or an investment research and/or an offer of or solicitation for any transactions in financial instruments; any decision to enter into a specific transaction shall be made by the client following an assessment by him/her of their situation.
StoneX Europe Ltd makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied. You should always seek independent advice as to your suitability to speculate in any related markets and your ability to assume the associated risks, if you are at all unsure. We are not under any obligation to update any such material. Any opinion made may be personal to the author and may not reflect the opinion of StoneX Europe Ltd.