Mitsubishi UFJ: If risk aversion increases, the US dollar may strengthen further.

According to Mars Finance, as reported by Jin Ten, Mitsubishi UFJ analyst Derek Halpenny stated in a report that if the conflict in Iran leads to an increase in capital flowing into safe-haven assets, the US dollar may strengthen further. He expects that if the stock market experiences a larger decline, the dollar will strengthen further. In a more severe scenario, if Brent crude oil prices rise from $110 per barrel to a range of $120 to $160, the dollar index could rise to around 105.

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