The war in Iran has triggered safe-haven flows into the US dollar, with Rabobank FX head Jane Foley saying the dollar is being used as a short-term safe haven. Expect USD strength to put pressure on risk assets and emerging-market currencies and increase cross-asset volatility; monitor FX flows and liquidity as hedging demand rises.
The war in Iran has triggered safe-haven flows into the US dollar, with Rabobank FX head Jane Foley saying the dollar is being used as a short-term safe haven. Expect USD strength to put pressure on risk assets and emerging-market currencies and increase cross-asset volatility; monitor FX flows and liquidity as hedging demand rises.
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mildly negative
Sentiment Score
-0.25
