Analyst: Iran Deal Progress Could Trigger Significant Dollar Position Reversal

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BlockBeats News, May 25th - Mitsubishi UFJ Financial Group analyst Lloyd Chan stated in a report that if geopolitical risks ease, the US dollar may face a significant reversal as investors adjust their positions.

The report noted that the current momentum of the US dollar remains strong; meanwhile, Gulf countries, including the UAE, Saudi Arabia, and Qatar, continue to call for diplomatic solutions to the situation and warn against further escalation of tension.

Source: BlockBeats

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