Mitsubishi UFJ Bank: The US-Iran ceasefire agreement may reignite doubts about confidence in US assets
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He stated in a report: "The survival of Iran's current regime will be portrayed as a victory domestically, while investors may question the entire incident from a US strategic perspective, deepening long-term doubts about US decision-making." He mentioned that, although the uncertainty is high, the US dollar may suffer further losses in the short term. He said that the market may remain highly sensitive to any news of progress achieved from negotiations starting on Friday. The DXY US Dollar Index fell to a one-month low of 98.554.
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