The WSJ Dollar Index Rises 0.74% This Week to – Money News
1414 GMT – The Iran battle is unlikely to be resolved till the top of May, retaining the euro versus the greenback weaker in contrast with ranges earlier than the battle, Commerzbank’s Michael Pfister says in a observe. 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 observe. 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 larger hit, the DXY greenback index might rise close to 105, he says.
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