The Dollar, Safe-Haven Demand, and the Iran War
GlobeAlert Desk · curated from AEI
In this note, we assess whether the dollar’s rise at the conflict’s start was owed to its safe-haven status or to higher oil prices. The short answer: both. We also show that the most recent rise in the dollar was owed to neither its safe-haven status nor oil prices, but instead to rising expectations for US interest rates. The post The Dollar, Safe-Haven Demand, and the Iran War appeared first on American Enterprise Institute - AEI.
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