Is todays nuclear agreement with Iran likely to have a large effect on the markets?

Beginner Questions
1

Are todays agreements with Iran, including lifting sanctions, likely to have any significant effect on any of the Majors this week? Will it effect the value of the Dollar?

[B][U]As an aside to this:[/U][/B]
Maths and science were always my Forté at school, where as politics and macro-economics were definitely not! As such, the technical and quantitative side of trading is coming to me quite naturally, whilst fundamental trading and trading the news is proving impossible for me to understand :confused:
Surely, if the market price reflects all available market information then fundamental analysis, in theory, should be useless?
Also, I can understand using fundamental analysis when employing a “buy and hold” strategy, but does it have a place when day trading?

[U]If anyone can outline the key principles behind trading fundamentals and the news, I’d be eternally grateful![/U]

Thanks :slight_smile:

2

It had an impact already, but I think it will be rather short-term. We should have a rather muted trading week with low volume especially going into the last two tradings days of the week due to the Thanksgiving Holiday in the US. The Japanese Yen dropped, oil sold-off but overall I do not think we will see a large impact.