Organization: The market positively responded to Trump's remarks, but remains vigilant as uncertainty remains high.

date
23/03/2026
On Monday, US President Trump posted that he had asked the Department of Defense to delay "any" military strikes against Iran's power plants and energy infrastructure by five days. As a result of this news, the US dollar exchange rate plummeted. Pepperstone strategist Michael Brown said, "This is clearly a positive development. Both sides are negotiating, and this is the first sign of easing tensions since the conflict erupted at the end of February." He added, "However, the war is not over. While this is a positive signal, attacks on energy infrastructure are currently excluded, meaning military operations are expected to continue in other areas, at least in the short term." In addition, Iranian media Fars News quoted a source as saying there is neither direct nor indirect contact between Iran and the US. Strategy experts suggest that due to the extreme uncertainty in the current market, the initial market reaction may gradually fade. Analysts at IG Group pointed out, "This only mentions 'strikes on energy infrastructure.' What about other aspectswill Iran just sit back for five days? And how will Israel react? There are too many unresolved questions here. Although the market has responded positively, this does not change the fact that the Strait is still closed."