Stalemate stage. You're both negotiating in "good" faith but neither side wants to concede on their sticking points.

Araghchi says no tangible progress made in US talks: Tasnim

Uncertainty will just cause the $ to appreciate more near term. It just breached that 160 handle on UJ so I'm looking for potential volatility from mid 160 to maybe 162. Let's see how it plays out.

Iran’s Foreign Minister Araghchi: Any hostile act will be met with an immediate, decisive...

That's because you think it's only one thing that's moving the currency when there could be a multitude of reasons why a currency went up/down regardless of news.

US: ADP National Employment Report: Private Sector Employment Increased by 122,000 Jobs in...

Labor Day is far away mate.

Trump: Iran has agreed they will not have a nuclear weapon - Podcast interview

Thats's a fair point but that also means you'll have to defend that area multiples times prior to the midterm.

Japanese Yen Forecast: USD/JPY moves closer to 160 yen per dollar

I mean what're they going to do again intervene probably around the mid 160. They don't want to address the policy disconnect and that intervention went by so quick. Do they up it this time around or do they finally address the glaring problem? I ...

Japanese Yen Forecast: USD/JPY moves closer to 160 yen per dollar

I wonder if he'd sound as tough if he didn't receive the majority of his military aid from the US.

Israel's Prime Minister Netanyahu: The Iranian regime is destined to vanish, we'll help end it

I'd really would look once UJ hits that mid 160 range for intervention purposes.

Market Continues to Tempt Japanese Intervention, while PBOC Signals Gradual Yuan Appreciation

Anywho I guess I'll be ready for the next market session.

Trump: I also had a conversation with representatives of the leaders of Hezbollah

Lol stop attacking us but at the same time we are going to continue operations as planned. I guess I don't understand the meaning of a ceasefire.

Netanyahu: I spoke with Trump, told him that if Hezbollah does not cease its attacks, Israel...

Follow the optimism until it changes direction. Rinse and repeat. Vice-versa when it's the other way. The art of the trade at this point.

Trump: Talks are continuing, at a rapid pace, with the Islamic Republic of Iran. Thank you for...

I agree. You have to be able to accept the lost the same way you'd accept a win. Nothing is 100% and that's the best type of thinking in this market at this moment.

Trump: Good call with Hezbollah, and they agreed that all shooting will stop - That Israel...

For sure, but even with an edge we can't factor in these scheduled news drops as well if that makes sense. We can only try to limit our exposure and be nimble to go in either direction at this point.

Lebanese Official Told US That Hezbollah Ready For Full Ceasefire With Israel – Axios

No more disgusting then the manipulative news that swings these pairs back and forth in this current environment. I'm a participant that is trying to earn a $ like everyone else.

Lebanese Official Told US That Hezbollah Ready For Full Ceasefire With Israel – Axios

I was waiting for the news that would swing it the other direction............

Lebanese Official Told US That Hezbollah Ready For Full Ceasefire With Israel – Axios

Now I'm on the sideline incase someone wants to drop news to take it back the other direction.

Iran stops negotiations with U.S., vows to ‘completely’ block Strait of Hormuz: State media

Both sides understand the art of the deal it seems. Whipsaw time coming.

Iran Stops Message Exchange With the US in Protest Against Zionist Crimes

Sure and the Jerusalem post happens to be the one who got the scoop eh??? I got a bridge for sale if anyone’s interested……

Iranian President Pezeshkian offers resignation to Supreme Leader Khamenei - report

That was a bad miss on expectations from CAD but also to be expected at the same time with this current environment.

Canada gross domestic product by industry, March 2026

Like I said yesterday both sides are posturing but will end up extending the ceasefire anyway.....

Iran's Tasnim: Text of MOU with US has changed in recent days