Dollar's Weak Recovery Raises Concerns Over Safe Haven Status

Reported 1 day ago

The dollar's muted rebound against major currencies following Israel's attacks on Iran underscores concerns about its diminishing role as a global safe haven. Although the currency showed some gains, it remains close to three-year lows, influenced by increasing tariffs and trading uncertainties under the Trump administration. Experts suggest that any significant recovery of the dollar would require a major escalation in geopolitical tensions or a shift in global risk sources away from the U.S.

Source: YAHOO

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