{"id":30528,"date":"2026-03-12T09:59:17","date_gmt":"2026-03-12T09:59:17","guid":{"rendered":"https:\/\/www.vtmarketsglobal.com\/en\/uncategorized\/30528\/"},"modified":"2026-03-12T09:59:17","modified_gmt":"2026-03-12T09:59:17","slug":"safe-haven-demand-amid-gulf-tensions-pushes-eur-jpy-near-183-50-though-overall-bullish-sentiment-remains-intact","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/live-updates\/30528\/","title":{"rendered":"Safe-haven demand amid Gulf tensions pushes EUR\/JPY near 183.50, though overall bullish sentiment remains intact"},"content":{"rendered":"EUR\/JPY fell to about 183.55 in early European trading on Thursday, as safe-haven demand supported the Japanese Yen. NBC News reported Iran launched its \u201cmost intense operation since the beginning of the war\u201d, firing advanced ballistic missiles towards Tel Aviv and Haifa, while Oman evacuated all vessels from Mina Al Fahal.\n\nOngoing Middle East tensions have increased demand for safe-haven assets, which can pressure the cross. On the euro side, ECB policymaker Isabel Schnabel said new quarterly forecasts will partly include the economic impact of the war in Iran.\n\n<h3>Geopolitical Risk Drives Yen Demand<\/h3>\nECB Governing Council member Peter Kazimir said a rate hike may be nearer than previously thought, and the bank could act if the war lifts inflation expectations. Markets have raised expectations for ECB rate rises after these comments, with swaps implying faster tightening than earlier.\n\nLSEG data shows the ECB is now seen hiking as soon as June. On the chart, EUR\/JPY remains above the rising 100-day EMA near 181.40, with the RSI at 51.\n\nSupport is seen around 183.10, then 182.10 and 181.40. Resistance is near 184.90, then around 185.70.\n\nThe intense new conflict in the Gulf is driving money into the safe-haven Japanese Yen, pushing the EUR\/JPY pair down. We are seeing a classic geopolitical reaction as traders seek safety from the missile attacks on Israel. This creates a direct headwind for the cross, despite other factors at play.\n\n<h3>Options Strategies For Rising Volatility<\/h3>\nWe remember from the initial weeks of major conflicts, like the one that began in 2022, the CBOE Volatility Index (VIX) surged above 35, indicating extreme market fear. Current volatility gauges are also rising, with the VIX climbing 12% in the last 24 hours to 19.5, suggesting traders should prepare for wider price swings. This environment is ripe for option strategies that profit from increased volatility, such as straddles.\n\nAt the same time, the European Central Bank is signaling rate hikes to combat inflation, which could strengthen the Euro. Recent data shows Eurozone inflation unexpectedly rose to 2.8% last month, giving weight to policymakers&#8217; hawkish comments. Markets are now pricing in a 75% chance of a 25-basis-point hike by the June meeting, creating a powerful upward force on the Euro.\n\nFor derivative traders, this means volatility is the main opportunity. Buying options can be more attractive than trading the spot price directly due to the uncertain direction. A long strangle, buying a put option with a strike near the 182.10 support and a call option with a strike near the 185.70 resistance, could profit if the pair breaks out of its current range.\n\nAlternatively, those holding long positions should consider hedging their downside risk. Buying put options with a strike price below the key 181.40 support level offers a form of insurance against a significant escalation in the conflict. This level is critical because a sustained break below it would invalidate the current bullish structure we have been tracking.\n\n<b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>\u00a0and\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>\u00a0now. <\/b>\n<p>\r\n\r\n<p><strong>Start trading now &#8211; Click <a href=\"https:\/\/www.vtmarketsglobal.com\/en\/trade-now\/\">here<\/a> to create your real VT Markets account <\/strong> <\/p>\r\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>EUR\/JPY dips to 183.55 as Iran tensions boost yen; ECB hawkish comments lift euro rate-hike expectations.<\/p>\n","protected":false},"author":38,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46],"tags":[],"class_list":["post-30528","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"josephine","author_link":"https:\/\/www.vtmarketsglobal.com\/en\/author\/josephine\/"},"_links":{"self":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/comments?post=30528"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30528\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=30528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=30528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=30528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}