USD -
USD is back on top this morning, dragging GBP down to its weakest since the second week of the month as the arrival of 5,000 US ground troops increases concerns of a prolonged ground war with the Iranians. Such a conflict would be enormously risky, with regards to the safety of the already pressured energy market.
on the ground" operation, suggesting that if the resistance encountered so far is a opener for the resistance that will be met on the ground, it will prove a very risky campaign.
Whether the President will listen is another matter, certainly phantoms of US military past will be circling, perhaps providing a sobering influence.
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