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BumRushDaShow

(169,269 posts)
Mon Mar 23, 2026, 07:27 AM 19 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".


20 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Dollar slides, stocks jump as Trump signals pause on Iran strikes (Original Post) BumRushDaShow 19 hrs ago OP
Pure market manipulation. bucolic_frolic 19 hrs ago #1
The monkeys all dance for the organ grinder. You nailed it. Thank you. twodogsbarking 19 hrs ago #2
Agree that it's market manipulation Renew Deal 19 hrs ago #3
At this moment nitpicked 19 hrs ago #8
I don't believe it at all. no_hypocrisy 19 hrs ago #4
Oh they're still going to attack... IrishAfricanAmerican 16 hrs ago #13
From AP live update thread nitpicked 19 hrs ago #5
He probably will speak again after 1300 EST nitpicked 19 hrs ago #6
trump Whip-poor-will 19 hrs ago #7
Yes, it is pure market manipulation blue-wave 19 hrs ago #9
Yepper...6:04am it started dropping like a rock. Went down $13.00 on Trump BS lies Bengus81 18 hrs ago #11
Why does this sound like a load of horseshit? Ray Bruns 19 hrs ago #10
How many Oil futures contracts did the Trump family buy when it tanked to $86?? Bengus81 18 hrs ago #12
He ran out of ammo. republianmushroom 15 hrs ago #14
Who in the market made money on this last little fiasco mdbl 13 hrs ago #15
$1.5B notional worth of S&P500 (ES) futures are bought in a single clip 5 minutes before Trump announcement muriel_volestrangler 12 hrs ago #16
Some traders have all the luck. NT mahatmakanejeeves 9 hrs ago #17
Funny how he announces this just before the markets open. BlueTsunami2018 9 hrs ago #18
MaddowBlog-Pointing to talks that might not exist, Trump's Iran rhetoric becomes even more incoherent LetMyPeopleVote 7 hrs ago #19
Volume in stock and oil futures surged minutes before Trump's market-turning post LetMyPeopleVote 7 hrs ago #20

bucolic_frolic

(55,018 posts)
1. Pure market manipulation.
Mon Mar 23, 2026, 07:33 AM
19 hrs ago

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

Renew Deal

(85,088 posts)
3. Agree that it's market manipulation
Mon Mar 23, 2026, 07:38 AM
19 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
Mon Mar 23, 2026, 08:00 AM
19 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

(54,871 posts)
4. I don't believe it at all.
Mon Mar 23, 2026, 07:39 AM
19 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...
Mon Mar 23, 2026, 10:58 AM
16 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
Mon Mar 23, 2026, 07:41 AM
19 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
Mon Mar 23, 2026, 07:49 AM
19 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

(203 posts)
7. trump
Mon Mar 23, 2026, 07:53 AM
19 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
Mon Mar 23, 2026, 08:02 AM
19 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
Mon Mar 23, 2026, 08:27 AM
18 hrs ago

More LIES,more distraction

Bengus81

(10,141 posts)
12. How many Oil futures contracts did the Trump family buy when it tanked to $86??
Mon Mar 23, 2026, 08:31 AM
18 hrs ago

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

mdbl

(8,636 posts)
15. Who in the market made money on this last little fiasco
Mon Mar 23, 2026, 01:59 PM
13 hrs ago

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

muriel_volestrangler

(106,132 posts)
16. $1.5B notional worth of S&P500 (ES) futures are bought in a single clip 5 minutes before Trump announcement
Mon Mar 23, 2026, 02:17 PM
12 hrs ago



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

BlueTsunami2018

(4,980 posts)
18. Funny how he announces this just before the markets open.
Mon Mar 23, 2026, 06:07 PM
9 hrs ago

And sets the deadline for after the markets close for the weekend.

He’s absolutely grifting off of this.

LetMyPeopleVote

(179,378 posts)
19. MaddowBlog-Pointing to talks that might not exist, Trump's Iran rhetoric becomes even more incoherent
Mon Mar 23, 2026, 07:35 PM
7 hrs ago

The president celebrated the progress of diplomatic talks with Iran. Whether those negotiations have actually happened is an open question.



https://www.ms.now/rachel-maddow-show/maddowblog/pointing-to-talks-that-might-not-exist-trumps-iran-rhetoric-becomes-even-more-incoherent

The Republican’s erratic approach to the issue took an even more bizarre turn in recent days, starting with an online statement, published to Trump’s social media platform on Saturday morning that read, “If Iran doesn’t FULLY OPEN, WITHOUT THREAT, the Strait of Hormuz, within 48 HOURS from this exact point in time, the United States of America will hit and obliterate their various POWER PLANTS, STARTING WITH THE BIGGEST ONE FIRST!”

It was a jarring announcement for a variety of reasons. On the one hand, the American president was talking about winding down the war and declaring a military victory, all while expressing relative indifference to the Strait of Hormuz. On the other hand, Trump was also prepared to target civilian energy supplies — according to many, a war crime — as early as Monday night unless Iran reopened the strait, which remains a waterway the Republican recently described as being “in great shape” and safe enough for ships to pass through. (The day before issuing the 48-hour deadline, he also told reporters, “You know, at a certain point, it’ll open itself.”)

On the other hand, Trump also wasted little time in abandoning his own deadline for the most dubious of reasons. MS NOW reported:

As the Iran war enters its fourth week, President Donald Trump on Monday announced that the United States has engaged in diplomatic talks with Iran and is taking a five-day pause on strikes against Iranian power plants and energy infrastructure.

‘I am pleased to report that the United States of America, and the country of Iran, have had, over the last two days, very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East,’ Trump wrote in an all-caps message posted to Truth Social.


As part of the statement, the Republican added that he has directed the Pentagon to “postpone any and all military strikes against Iranian power plants and energy infrastructure for a five day period” because the talks with Iranian officials have been so “constructive.”.....

So when a reporter asked the president on Monday morning which Iranian leader U.S. officials have spoken to, he refused to say. At an event soon after, he struggled to explain when, exactly, these alleged negotiations began. (He also hasn’t explained why his administration would talk at all to a country he expects an “unconditional surrender” from.)

Gerard Baker, a conservative member of The Wall Street Journal’s editorial board, wrote via social media on Monday morning, “The unsettling reality is that with this president, Americans in wartime are in the unprecedented position of having to suspect that the enemy’s version of events is more likely to be true than our own. We have become Baghdad Bob.”

Trump’s incoherence on the war was already a problem. As the fourth week of the conflict begins, it appears that problem is getting worse.

LetMyPeopleVote

(179,378 posts)
20. Volume in stock and oil futures surged minutes before Trump's market-turning post
Mon Mar 23, 2026, 07:36 PM
7 hrs ago

There may be some significant insider trading taking place. trump may have tipped someone who is going to make some significant money on this information.



https://www.cnbc.com/2026/03/23/volume-in-stock-and-oil-futures-surged-minutes-before-trumps-market-turning-post.html

S&P 500 futures and oil futures flashed an unusual burst of activity early Monday minutes before a market-moving social media post from President Donald Trump.

At around 6:50 a.m. in New York, S&P 500 e-Mini futures trading on the CME recorded a sharp and isolated jump in volume, breaking from an otherwise subdued premarket backdrop. With thin liquidity typical of early trading hours, the sudden burst stood out as one of the largest volume moments of the session up to that point.

A similar pattern was observed in oil markets. West Texas Intermediate May futures also saw a noticeable pickup in trading activity at roughly the same time, with a distinct volume spike interrupting otherwise quiet conditions.

Roughly 15 minutes later, at 7:05 a.m., Trump said on Truth Social that the U.S. and Iran had held talks and that he was halting planned strikes on Iranian power plants and energy infrastructure. That announcement prompted an instant rally in risk assets, with S&P 500 futures soaring more than 2.5% before the opening bell. West Texas Intermediate futures dropped nearly 6% following the announcement......

The timing of the earlier volume spikes across both equities and crude caught the attention of traders, particularly given the absence of an obvious catalyst at the moment they occurred.

Early-morning futures markets are typically less liquid, which can make short bursts of buying and selling more noticeable than during regular trading hours. Still, the trades raised some eyebrows because whoever purchased a large amount of stock futures and sold or shorted crude futures at that moment made a lot of money just minutes later.
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