Yuxin Bank: If the Iran war ends, the US dollar may further decline

Odaily Planet Daily News: In a report, Unicredit bank analyst Roberto Mialich said that if the Iran war ends or becomes a risk factor for the Trump administration, the U.S. dollar could fall further. He noted that if risk appetite eases, the dollar’s safe-haven role means it would lose support, as seen after Trump announced a two-week ceasefire. He said, “Once the conflict ultimately ends, the market will return to focusing on the factors that had been weighing on the dollar before the outbreak of war.” If the United States gets stuck in a protracted conflict with no clear exit strategy, the dollar could also weaken. He said this could trigger fresh concerns about U.S. economic policies and confidence in the dollar. (Jin Ten)