Dollar Could Extend Gains if Safe-Haven Demand | Money News

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Dollar Could Extend Gains if Safe-Haven Demand – Money News

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1155 GMT – The greenback might strengthen additional if flows into safe-haven property rise due to the Iran battle, MUFG Bank’s Derek Halpenny says in a word. In a more extreme state of affairs the place Brent crude rises to a vary of $120 to $160 per barrel from $110 at the moment and equity markets take an even greater hit, the DXY greenback index might rise close to 105, he says. 1154 GMT – Sterling is more likely to underperform if risk aversion escalates due to the Iran conflict, MUFG Bank’s Derek Halpenny says in a word.


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