Dollar steady as traders fret about escalating Iran war - Reuters

"the Strait of Hormuz – through which 20 percent of the world’s oil and gas is transported – was 'closed'"

— Ebrahim Jabari , Other

"That makes dollar assets more attractive and gold, which pays no interest, less so."

— James Meadway , Academic

"there's really a great deal of understanding at this point that gold has become a very speculative asset."

— Remi Bourgeot , Academic

"For now, it seems like the biggest thing holding gold back from rising further is because it has already risen so much."

— Rebecca Christie , Academic

"target key Iranian infrastructure"

— Donald Trump , Politician

"Trump's latest deadline itself is bearish not because investors think war is guaranteed tomorrow if Iran does not open the Strait, but because every new ultimatum makes the disruption look longer, stickier, and more macro-negative."

— Charu Chanana , Academic

"Our concern is that with the Middle East conflict showing little sign of coming to an imminent conclusion, an overlay of heightened geopolitical, economic and market angst is not going to incentivise business to suddenly start hiring now."

— James Knightley , Academic

"The government stands ready to act against speculative moves in foreign exchange markets as volatility has risen 'significantly.'"

— Satsuki Katayama , Politician

"Trump's latest deadline itself is bearish not because investors think war is guaranteed tomorrow if Iran does not open the Strait, but because every new ultimatum makes the disruption look longer, stickier, and more macro-negative."

— Charu Chanana , Academic

"Our concern is that with the Middle East conflict showing little sign of coming to an imminent conclusion, an overlay of heightened geopolitical, economic and market angst is not going to incentivise business to suddenly start hiring now."

— James Knightley , Academic

"The government stands ready to act against speculative moves in foreign exchange markets as volatility has risen 'significantly.'"

— Satsuki Katayama , Politician

"Trump's latest deadline itself is bearish not because investors think war is guaranteed tomorrow if Iran does not open the strait, but because every new ultimatum makes the disruption look longer, stickier and more macro-negative."

— Charu Chanana , Academic

"If the strait is reopened fully around that time (Trump's Tuesday deadline), oil will fall sharply and risk will rally hard."

— Prashant Newnaha , Executive

"Trump's latest deadline itself is bearish not because investors think war is guaranteed tomorrow if Iran does not open the Strait, but because every new ultimatum makes the disruption look longer, stickier, and more macro-negative."

— Charu Chanana , Academic

"Our concern is that with the Middle East conflict showing little sign of coming to an imminent conclusion, an overlay of heightened geopolitical, economic and market angst is not going to incentivise business to suddenly start hiring now."

— James Knightley , Academic

"The government stands ready to act against speculative moves in foreign exchange markets as volatility has risen 'significantly.'"

— Satsuki Katayama , Politician

"Trump’s latest deadline itself is bearish not because investors think war is guaranteed tomorrow if Iran does not open the Strait, but because every new ultimatum makes the disruption look longer, stickier, and more macro-negative."

— Charu Chanana , Academic

"Our concern is that with the Middle East conflict showing little sign of coming to an imminent conclusion, an overlay of heightened geopolitical, economic and market angst is not going to incentivise business to suddenly start hiring now."

— James Knightley , Academic

"The government stands ready to act against speculative moves in foreign exchange markets as volatility has risen significantly."

— Satsuki Katayama , Politician

""Trump's latest deadline itself is bearish not because investors think war is guaranteed tomorrow if Iran does not open the Strait, but because every new ultimatum makes the disruption look longer, stickier, and more macro-negative.""

— Charu Chanana , Academic

""Our concern is that with the Middle East conflict showing little sign of coming to an imminent conclusion, an overlay of heightened geopolitical, economic and market angst is not going to incentivise business to suddenly start hiring now.""

— James Knightley , Academic

""The government stands ready to act against speculative moves in foreign exchange markets as volatility has risen 'significantly.'""

— Satsuki Katayama , Politician

"Trump's latest deadline itself is bearish not because investors think war is guaranteed tomorrow if ‌Iran does not ‌open the strait, but because every new ultimatum makes the disruption look longer, ‌stickier ⁠and more macro-negative."

— Charu Chanana , Academic

"However, if the US escalates, expect global markets to reprice sharply. It's wait-and-watch in what's turning out to be a binary event."

— Prashant Newnaha , Executive

"The government stands ready to act against speculative moves in foreign exchange markets as volatility has risen significantly."

— Satsuki Katayama , Politician

"Every new ultimatum makes the disruption look longer, stickier and more macro-negative."

— Charu Chanana , Academic

"If the U.S. escalates, expect global markets to reprice sharply."

— Prashant Newnaha , Executive

"The government stands ready to act against speculative moves in foreign exchange markets as volatility has risen significantly."

— Satsuki Katayama , Politician

"The conditions for material intervention to support the yen by Japanese officials do not appear present."

— Marc Chandler , Executive

"Trump's latest deadline itself is bearish not because investors think war is guaranteed tomorrow if Iran does not open the strait, but because every new ultimatum makes the disruption look longer, stickier and more macro-negative."

— Charu Chanana , Academic

"If the strait is reopened fully around that time (Trump's Tuesday deadline), oil will fall sharply and risk will rally hard."

— Prashant Newnaha , Executive