UniCredit Bank: If Iran War Ends, US Dollar May Fall Further

Odaily News According to a report by UniCredit Bank analyst Roberto Mialich, if the Iran war ends or becomes a risk factor for the Trump administration, the US dollar may fall further. He pointed out that if risk appetite eases, the dollar's safe-haven role means it will lose support, as seen after Trump announced a two-week ceasefire. He stated: "Once the conflict ultimately ends, the market will refocus on the factors that were suppressing the dollar before the war broke out." The dollar could also weaken if the US becomes embroiled in a protracted conflict with no clear exit strategy. He said this could trigger a new round of credibility concerns regarding US economic policy and the dollar. (Jin10)