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What Awaits the Dollar After the War Ends? Part 4
As a cherry on top, the
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As a cherry on top, the potential conclusion of the conflict in the Middle East looms. We have already established that market participants generally finished pricing in this factor around a month ago. However, a final truce and the reopening of the Strait of Hormuz would completely alleviate market tensions. Consequently, demand for risk assets would increase, and the Middle East would begin to recover from the war. Investments would flow into the region, and demand for US currency would
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Chin Zhao,
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