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Analyst: Progress in the Iran deal could trigger a major reversal in dollar positions
BlockBeats News, May 25 — Mitsubishi UFJ Financial Group analyst Lloyd Chan stated in a report that if geopolitical risks ease, the dollar could face a significant reversal in investor positioning.
The report states that the current momentum of the dollar's strength is still ongoing; at the same time, Gulf countries including the United Arab Emirates, Saudi Arabia, and Qatar continue to call for diplomatic solutions to resolve the situation and warn against further escalation of tensions.