【Secret US-Iran contacts send signals of peace talks, causing the dollar to fall from high levels】



Odaily Planet Daily reported that as concerns over US-Iran conflict ease, demand for safe-haven assets declines, and the US dollar exchange rate retreated. The New York Times reported that one day after the attack, Iran has contacted the US through indirect channels to discuss conditions for ending the conflict. Additionally, Trump stated that the US will provide military escort for oil tankers passing through the Strait of Hormuz. David Morrison of Trade Nation noted in the report: “If there is evidence that shipping can safely pass through the strait before the weekend, it will play a significant role in easing tensions overall.”(Jin10)
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