The ongoing war in Iran has prompted safe-haven flows into the US dollar, according to Jane Foley, head of FX strategy at Rabobank. Expect USD strength and potential downside pressure on risk-sensitive and emerging market currencies as investors move to safety, reinforcing risk-off positioning in FX markets.
The ongoing war in Iran has prompted safe-haven flows into the US dollar, according to Jane Foley, head of FX strategy at Rabobank. Expect USD strength and potential downside pressure on risk-sensitive and emerging market currencies as investors move to safety, reinforcing risk-off positioning in FX markets.
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