Increased tensions between Iran and the United States, triggered by the killing of a senior Iranian military commander, followed by the bombing of military bases in Iraq which housed US army personnel, much has been made of the markets' reaction to this. Is this really so, and what might be considered an appropriate market move? The Trader assesses the daily price action of spot gold, the weekly change in the price of WTI crude oil, and the monthly moves in the Swiss franc (generally considered a safe-haven) against the euro.
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