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The US dollar was reported on Monday, the beneficiary of the US continuous state after the military strike of Iran, but analysts warn that profits can be short durations.
The dollar index rose by 0.45% at a point, indicating the profit against such currencies Yen Japanese, Euro and British Librawell Fantaagon, Australiar and New Zealand dollars. Greenback last saw the London time at 0.4%.
“Scaling of the US East of the Middle East because the safety haven in the market is raising oil prices, the lower assets of the heritage,” said Kirstine Kundby-Nielsen, Danske Bank, Danske Bank.
Although the initial rally, the increasing and increasing consensus between investments can temporarily prove the power of the dollar.
Some analysts say that the Middle East conflict is merely to weaken the US fiscal policy, trade wars and international demand. The dollar index is more than 8% this year, reflecting long-term concerns.
The immediate force of the US dollar is related to how to avenge Iran, a Closing of the Strait of the Concrete – The essential path for the passage of oil – at the top of these concerns.
However, the RBC Capital market believes that the situation is more complex, to warn that Iran has asymmetric powers to play “main ports and ports”.
“Therefore, we don’t think that” close or anything “reaches the water, and Iran can expand their asymmetric abilities to raise the economic cost of the US / Israelis operations,” Former CIA analyst, CIA analysts.
Jordan Rochester, head of the FICC Strategy in the Regional Mizuho Region, also stated some optimism when he had the opportunity to close the wall.
“It’s a brave call, but it is blocked by the sale of sale and sale sale sale can prevent the pressure of $ 100-130, such as China’s oil flows to maintain pressure,” said Monday morning. “The US is also likely to be attached to the support of Israelis.”
However, a key indicator of the safe refuge application – US Treasure Market – It seems to be telling a very different story through extreme reaction.
A global crisis usually includes US government debt, but Kundby-Nielsen on the US Bank said “The impact of the US treasurers is probably not sure that the potential of treasure supply provided by the policy of commercial deficit and fares.”
The global trade war is composing these prosecutors.
Along with the period of July 9, it expires until tax is given, USA threaten 50% rates in most European Union imports.
“As far as USDA goes, we suspect that they would not be very good at the US imports, and are weak, Gareth Berry, Macquarie’s currency and rates, were before the US strikes Iran.
The American bank’s FX strategists also emphasize that investors bet the decline of the dollar, which adds the moment to the downward movement of the currency.
According to the Global Bof Fund of the BOFA Fund of June 16, the fund’s founded in the shortest US dollar was the third largest trade, although the survey was made in the United Kingdom in the United States.