Although the financial markets around the world are not fully operational yet, in the first reaction to the Islamic Revolutionary Guard Corps ‘missile attack on US forces’  at Ayn al-Assad Air Force Base, the Dollar Index fell. Kurdish. Tensions between Iran and the US have entered a new phase after the US used its drones to assassinate Lieutenant General Qassim Suleimani, commander of the Quds Force, last Friday.

Earlier, the Iraqi parliament passed a bill calling for US troops to leave the country, but after the Iraqi parliament voted to expel US troops, the United States threatened to impose unprecedented sanctions on it. It faced opposition from some Washington allies, including Germany. Also, some Iraqi groups have called on the government to close the US embassy there. Although some countries, such as Germany and Italy, have said they will abide by the central Iraqi government’s decision, the US Department of Defense issued a statement saying it had no plans to leave Iraq. Germany and Italy have begun their withdrawal from Iraq.

“Traders have become very risk averse and this has increased the demand for the yen and the franc,” said Yukio Ishizuki, chief currency strategist at Dia Securities. In response to developments in the Middle East, the dollar has weakened and we must see how things will go in the future.

In the latest round of trading, the pound traded down 2.3 percent against its previous high of $ 4.9. The euro fell to $ 2.9 after two consecutive bullish declines. Also, each US dollar dropped to $ 2.99. In exchange for the Singapore counterpart, the dollar was traded at Singapore’s dollar at $ 2.9.

In the global currency market, the dollar also fell 0.7 percent to 1.5 yen, the lowest dollar against the Japanese currency in three months. Against the Australian counterpart, the US dollar was traded at $ 1.5. Also, the Chinese dollar equivalence rate was announced at 1.5 yuan.

Donald Trump has not yet spoken about the IRGC’s retaliatory response, but wrote only in his tweet: missiles were fired at two bases in Iraq. We are assessing losses. So far everything has been fine; we have the most powerful and equipped army in the world! I’ll make a statement tomorrow morning (local time).