The dollar, which had attracted safe-haven interest over the past month, weakened 1% against the Japanese yen JPY=. "If the two weeks pass without a deal, expect a sharp and unforgiving reversal of this relief rally." The ceasefire brought immediate relief to investors after weeks of conflicting signals from Trump and Iran that had dragged the conflict into a second month. Futures tracking the rate-sensitive Russell 2000 Index jumped 3.6% while the CBOE Volatility Index slumped 5.01 points to 20.77, its lowest point in more than two weeks. Beyond the immediate relief, global investors remain keen to see whether the ceasefire leads to a broader resolution before placing major bets.

Source: The Edge Markets April 08, 2026 09:42 UTC