Latest Breaking News

BumRushDaShow

(169,252 posts) Mon Mar 23, 2026, 07:27 AM 8 hrs ago

Dollar slides, stocks jump as Trump signals pause on Iran strikes

Source: Reuters

March 23, 2026 7:16 AM EDT Updated 7 mins ago

LONDON, March 23 (Reuters) - The dollar plunged and stocks surged on Monday after U.S. President ‌Donald Trump said he had asked the Department of Defence to postpone "any and all" military strikes against Iranian power plants ⁠and energy infrastructure for five days.

The dollar had traded higher against most other currencies until the headline hit, sending the euro up over 1% into positive territory to $1.158, from around $1.487 ‌earlier. ⁠The dollar index fell 0.3%, having shown a 0.6% rise earlier on .

U.S. stock futures jumped over ⁠2%, while the STOXX 600 (.STOXX), erased daily losses to turn positive. It ⁠was last up 0.7%, having been down over 2.2% ⁠in early trade.

Read more: https://www.reuters.com/sustainability/sustainable-finance-reporting/global-markets-iran-strike-urgent-2026-03-23/

Just breaking. Pure market manipulation. Oil has dropped over $10/bbl now and down to $88/bbl.

Soon it will be "2 weeks".

16 replies

= new reply since forum marked as read

Highlight:

Dollar slides, stocks jump as Trump signals pause on Iran strikes (Original Post) BumRushDaShow 8 hrs ago OP

Pure market manipulation. bucolic_frolic 8 hrs ago #1

The monkeys all dance for the organ grinder. You nailed it. Thank you. twodogsbarking 8 hrs ago #2

Agree that it's market manipulation Renew Deal 8 hrs ago #3

At this moment nitpicked 7 hrs ago #8

I don't believe it at all. no_hypocrisy 8 hrs ago #4

Oh they're still going to attack... IrishAfricanAmerican 4 hrs ago #13

From AP live update thread nitpicked 8 hrs ago #5

He probably will speak again after 1300 EST nitpicked 8 hrs ago #6

trump Whip-poor-will 8 hrs ago #7

Yes, it is pure market manipulation blue-wave 7 hrs ago #9

Yepper...6:04am it started dropping like a rock. Went down $13.00 on Trump BS lies Bengus81 7 hrs ago #11

Why does this sound like a load of horseshit? Ray Bruns 7 hrs ago #10

How many Oil futures contracts did the Trump family buy when it tanked to $86?? Bengus81 7 hrs ago #12

He ran out of ammo. republianmushroom 4 hrs ago #14

Who in the market made money on this last little fiasco mdbl 1 hr ago #15

$1.5B notional worth of S&P500 (ES) futures are bought in a single clip 5 minutes before Trump announcement muriel_volestrangler 1 hr ago #16

bucolic_frolic

(55,013 posts)

1. Pure market manipulation.

Reply to BumRushDaShow (Original post)

Mon Mar 23, 2026, 07:33 AM

8 hrs ago

They should take this clown and lock him up. You can't plan 2 hours ahead but what it reverses. Public nuisance.

twodogsbarking

(18,659 posts)

2. The monkeys all dance for the organ grinder. You nailed it. Thank you.

Reply to bucolic_frolic (Reply #1)

Mon Mar 23, 2026, 07:35 AM

8 hrs ago

Renew Deal

(85,084 posts)

3. Agree that it's market manipulation

Reply to BumRushDaShow (Original post)

Mon Mar 23, 2026, 07:38 AM

8 hrs ago

He tried with the “winding down” statement and it didn’t work. So he’s trying again while Israel says the opposite.

nitpicked

(1,795 posts)

8. At this moment

Reply to Renew Deal (Reply #3)

Mon Mar 23, 2026, 08:00 AM

7 hrs ago

US stocks zoomed up, oil and RBOB tumbled (but at this moment, now a bit of apparent profit-taking)

https://www.cnbc.com/

no_hypocrisy

(54,867 posts)

4. I don't believe it at all.

Reply to BumRushDaShow (Original post)

Mon Mar 23, 2026, 07:39 AM

8 hrs ago

Goad Iran into false complacency and then attack again but more intensely.

IrishAfricanAmerican

(4,456 posts)

13. Oh they're still going to attack...

Reply to no_hypocrisy (Reply #4)

Mon Mar 23, 2026, 10:58 AM

4 hrs ago

They're just juicing the markets as much as they can in the meantime.

nitpicked

(1,795 posts)

5. From AP live update thread

Reply to BumRushDaShow (Original post)

Mon Mar 23, 2026, 07:41 AM

8 hrs ago

https://apnews.com/live/iran-war-israel-trump-03-23-2026
(snip)
13 min ago
Trump says talks ongoing
By JON GAMBRELL
Trump added that the suspension of his threat to attack Iranian power plants was “subject to the success of the ongoing meetings and discussions.”

Trump’s announcement came as the United Arab Emirates reported its air defenses were attempting to intercept new incoming Iranian fire Monday afternoon.

Prior to Trump’s announcement, Iranian Foreign Minister Abbas Araghchi acknowledged talking by phone with his Turkish counterpart, Hakan Fidan. Turkey has been an intermediary before in negotiations between Tehran and Washington.
(snip)

22 min ago
breaking news updates
JUST IN: Trump extends his deadline for Iran to reopen Strait of Hormuz, says US to hold off on power plant strikes for 5 days
By THE ASSOCIATED PRESS
(snip)

nitpicked

(1,795 posts)

6. He probably will speak again after 1300 EST

Reply to BumRushDaShow (Original post)

Mon Mar 23, 2026, 07:49 AM

8 hrs ago

From his schedule:
https://rollcall.com/factbase/trump/topic/calendar/
(snip)
1:00 PM
The President participates in the Memphis Safe Task Force Roundtable [12:00 PM Local]
Tennessee Air National Guard, Memphis Open Press
(snip)

Whip-poor-will

(198 posts)

7. trump

Reply to BumRushDaShow (Original post)

Mon Mar 23, 2026, 07:53 AM

8 hrs ago

Isn't that special now...... A war crime holiday

His mouth wrote another check his ass can't cash.

Big bluff though always till he's called and Iran sure has his number.

blue-wave

(4,992 posts)

9. Yes, it is pure market manipulation

Reply to BumRushDaShow (Original post)

Mon Mar 23, 2026, 08:02 AM

7 hrs ago

I have been following the price of oil daily. It seems every Sunday night, the price starts to creep up. Then, some announcement comes out like the one in this post. The price drops. Give it a few days, it will likely creep higher again.

Bengus81

(10,141 posts)

11. Yepper...6:04am it started dropping like a rock. Went down $13.00 on Trump BS lies

Reply to blue-wave (Reply #9)

Mon Mar 23, 2026, 08:27 AM

7 hrs ago

More LIES,more distraction

Ray Bruns

(6,318 posts)

10. Why does this sound like a load of horseshit?

Reply to BumRushDaShow (Original post)

Mon Mar 23, 2026, 08:12 AM

7 hrs ago

Bengus81

(10,141 posts)

12. How many Oil futures contracts did the Trump family buy when it tanked to $86??

Reply to BumRushDaShow (Original post)

Mon Mar 23, 2026, 08:31 AM

7 hrs ago

Manipulation once again................

republianmushroom

(22,289 posts)

14. He ran out of ammo.

Reply to BumRushDaShow (Original post)

Mon Mar 23, 2026, 11:34 AM

4 hrs ago

Iran told him to shove his deadline.

mdbl

(8,636 posts)

15. Who in the market made money on this last little fiasco

Reply to BumRushDaShow (Original post)

Mon Mar 23, 2026, 01:59 PM

1 hr ago

They probably were told what he was going to do ahead of time.

muriel_volestrangler

(106,129 posts)

16. $1.5B notional worth of S&P500 (ES) futures are bought in a single clip 5 minutes before Trump announcement

Reply to BumRushDaShow (Original post)

Mon Mar 23, 2026, 02:17 PM

1 hr ago

Link to tweet

5 minutes before Trump’s announcement:

* $1.5B notional worth of S&P500 (ES) futures are bought in a single clip.

* $192M notional of oil futures (CL) sold.

More than 4x-6x any other trade size during the market close.

Insiders profited from his lies in broad daylight!

This is from

"Adam Cochran (adamscochran.eth) @adamscochran professor, policy consultant, independent journalist and father. Trying to make the world suck less. Follow for the latest in politics, economics and law."

via Wonkette

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