HiFX Update - US launches missile attack on Syria regime

HiFX Data Update - US launches missile attack on Syria regime

The Trump administration has unleashed cruise missile strikes against President Bashar al-Assad’s forces in response to a deadly chemical attack in rebel-held territory. The missiles targeted hanger, planes and fuel tanks at one Syrian military airfield.

This has sparked a market ‘risk off’ environment and increases the risk of confrontation with Assad’s primary backers – Russia and Iran.

President Trump is schedule to address the US public on the strike shortly.

The NZD is lower in immediate response.

The Trump administration has unleashed cruise missile strikes against President Bashar al-Assad’s forces in response to a deadly chemical attack in rebel-held territory. The missiles targeted hanger, planes and fuel tanks at one Syrian military airfield.

This has sparked a market ‘risk off’ environment and increases the risk of confrontation with Assad’s primary backers – Russia and Iran.

President Trump is schedule to address the US public on the strike shortly.

The NZD is lower in immediate response.

Current indicative levels are:

NZDUSD 0.6955 / 0.6980
NZDAUD 0.9245 / 0.9270
NZDEUR 0.6525 / 0.6550
NZDGBP 0.5575 / 0.5600
NZDJPY 76.75 / 77.00

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