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Back Fundamental analysis
Dollar unwilling to negotiate
War is the dollar's weapon, but
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War is the dollar's weapon, but peace is the euro's weapon. It's no surprise that a New York Times report that Iranian officials had offered to discuss terms for ending the fighting triggered the fastest EUR/USD rally in a month. However, Mizuho International warns that this report should be taken with a pinch of salt — similar rumours circulated almost on the first day of the strikes, and nothing decisive followed. Dollar and Treasury reaction to truce rumours Danske Bank argues that
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Marek Petkovich,
Analytical expert of InstaForex
© 2007-2026
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