Nasdaq Posts Rare Decline Not Seen Since 2020

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Published: 1 hour ago

The Nasdaq experienced a significant decline triggered by soaring oil prices amid escalating U.S.-Iran tensions, marking the first occurrence of this pattern since 2020. The geopolitical conflict has created risk-off sentiment affecting global markets. USD pairs face volatility as safe-haven demand increases while oil-linked currencies like CAD may strengthen. The combination of equity weakness and geopolitical tensions typically drives major currency movements as traders reassess risk exposure.

Nothing to see yet 😢