Escaping to quality / Dollar strength broad-based recovery
10/1Iran launches missiles close to Israel200reports indicate that missiles near Israel may be launched, and as a safe-haven assetare being boughtU.S. Treasuries and the U.S. dollar are in demand. Despite a drop in U.S. long-term interest rates, U.S. stocks fell and the dollar strengthened, suggesting the market may have concluded that the risk of full-scale war between Israel and Iran has increased. Predict the future trend of the foreign exchange market.
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