Analysis: Dollar could fall if US announces involvement in Iran-Israel conflict
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币界网报道：The dollar could fall if the Trump administration confirms U.S. involvement in the Israel-Iran conflict in the coming days, Mitsubishi UFJ analyst Derek Halpenny said in a note. He said any U.S. involvement could hasten the end of the conflict and dampen Iran's incentive to create any crude oil supply disruptions. That could prompt a pullback in oil prices and weaken the dollar. Lower oil prices would support the Federal Reserve's case for further rate cuts and be negative for the U.S.'s terms of trade as a major oil producer.
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