The US Senate panel authorizes limited US military strike in Syria

Yawn, twas about time

What does this mean?

Nothing ! depends on Russia approval or not.

euro will go up

It means Buy Gold, Long long long

That means US will vote finally in Congress to get a green signal to strike a war on Syria.

Yes probably...in times of war euro is safe haven!

http:// bbc.in/14k9LOS

now buy gold and crude oil ,,,

http://www.bbc.co.uk/news/world-middle-east-23966147#TWEET879066

But I am confused about the Effect.
Yen is showing that attack on Syria will pull down USDJPY, that is people is losing faith on USD, hence selling it.
Again, somewhere I read that USD will be stronger for that moment. But EURUSD and GBPUSD rallied last week on the news of Syria attack.

So a Weak USD is expected if the attack (Undesirable) finally happens?

war means $ profit for USD as well as a safe haven for EUR.

what would happen with eurjpy?

strike, yen appreciation

It is really unfortunate that common sense does not seem to prevail in this world. Problem is the senate does not seem to care on the scale of suffering the ordinary Syrian people have to go through. Luckily from a trading point of view we look for plays like long the JPY Cl and gold.

it means watch oil (brent crude and WTI) for traders. I wouldn't be in a hurry to go long gold, cos I reckon USD is presently seen as more of a safe haven than gold, judging by today's price action. anyway I am betting USA won't shoot their missiles at Syria before NFP. don't forget G20 meeting!

"Speaking in the Kremlin today, Putin said U.S. Secretary of State John Kerry is telling “lies” about the extent of al-Qaeda terrorists among the Syrian rebels. Any U.S. use-of-force resolution on Syria would be “essentially legitimizing aggression,” Putin said.

Military action without authorization from the United Nations Security Council, other than for self-defense, is aggression, he said.

“We all just focused on Congress or Senate discussing authorization of the use of force,” he said. “But this is an absurd substitute for common sense, for the concept of international law.”"

http://www.bloomberg.com/news/2013-09-04/senators-to-vote-on-approval-for-u-s-strikes-on-syria.html

I see no reaction in oil price.. it stays sideways even after this news came out..

Yen will strong after strike or not???

Knew US would be in war with Syria the day that bomb went off and kill 1400+ ppl.
This news stands alone could be bearish for dollar big time; however, NFP, unemployment rate and G20 is coming up in 2 days.

I am very interested to see how they play out.

Despite Senate panel vote, the full Senate and House would still need to approve the resolution. http://on.mktw.net/1ajR5kY #syria

There is very little impact from this news, Its just foreign senate committee approved limited strike on Syria 10/7 votes, now the bill will be placed in the senate next week for approval and real impact should be then, imho

no price action in oil yet cos traders do not know the outcome of this situation, they are waiting. so markets is in doji, meaning state of indecision or confusion. once more clarity on outcome, oil should move, and it can move fast. be careful to understand the difference between brent and wti.

too early for any action yet.

maybe the price of attacking Syria is already built in

long brent x 2, short wti x 2 ?

What does this means for the dollar?

Big war=more spending from budget for durable goods and heavy industry, more spending=bigger deficit= less dollar= more fed reserv can print= more print = higher inflation in short term! But this is not a war at all! One strike to strikes only rumor impact for few pips jumps up or down in few days or hours. That is all what happened!

Go long for Gold/Silver, JPY will be strengthen, USD will be weak

Please do!

It means dollar will profit no doubt. In times of war risk aversion always prevails over risk sentiment so USD will go up. Euro as a safe haven??? I dont think so. What security is in Europe over US. Its like asking which is likely to disintegrate first, Euro or US??? If there is intervention in Syria, Eur/Usd goes south!!!

i think if war is started then usd will be weak.is it right??

it's mean that no war in Syria and only us stock plus long long long and all commodities n currencies are down , sell all commodities n currencies n buy only AUD.......every body do this plzzz

it's mean that no war in Syria it's politics so plzzz gold,silver,platinium n all currencies sell and only buy us dollar n oil......u do this thing then u get much more profit , only this week... gold down level is 1336 , 1292 level

hahahahahah good direction man

I also minded like that, if it is indeed a war likely usd currency will weaken as it did in the past

buy btc usd