Analyst: Progress in Iran Agreement May Trigger Significant Reversal in USD Positions

According to Golden Ten Data on May 25, Lloyd Chan, an analyst at Mitsubishi UFJ Financial Group, stated in a report that if geopolitical risks ease, the US dollar could face the risk of a sharp reversal in investor positions. The report pointed out that the current momentum supporting the strength of the US dollar is still ongoing; meanwhile, Gulf countries including the UAE, Saudi Arabia, and Qatar continue to call for resolving the situation through diplomatic means and warn against further escalation of tensions.