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2026-05-26 16:35:02

The safe-haven attribute of the US dollar has been reactivated by the Middle East situation; it seems we'll have to endure the high-interest-rate environment a bit longer.

View Original

MeNews2026-05-26 16:20:33

Institution: Driven by strong U.S. economic data and safe-haven demand, the dollar remains firm

Sky Links Capital Group CEO Daniel Takieddine stated that the US dollar is stabilizing and approaching multi-week highs, influenced by strong US data and uncertainties in US-Iran negotiations. Disagreements over Tehran's uranium reserves and the Strait of Hormuz are limiting diplomatic efforts, and demand for US dollar safe-haven assets remains. The market expects the Federal Reserve to keep interest rates high for a longer period; if inflation persists, further rate hikes are still possible.

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