ChainCatcher reports that, according to Jintou, analysts at Monex Europe stated in a report that if the Middle East conflict escalates further, the US dollar could extend its gains. The conflict has triggered risk aversion, rising oil prices, and increased demand for liquidity. The dollar’s strength benefits from its safe-haven status and US energy independence. However, the dollar index has gained less than 1% compared to last Friday’s close. Analysts believe that the short-term trend of the dollar depends on whether the conflict remains under control, with risks leaning toward further appreciation.
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