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War could stimulate interest in USD

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TVC:DXY   美元指數
Analysts identified attack information from Reuters (UK) that the risk of a major increase in value could lead to a tendency to buy more and accumulate assets such as gold and the USD, while at the same time potentially providing as demand competes for US Treasury bonds, which have been sold strongly.

Economist Peter Cardillo at Spartan Capital Securities (USA) commented: "This is a typical example of why people need gold in their investment portfolio. It is a perfect hedge against international unrest. And whenever there is international unrest, the greenback strengthens.”

Faced with expectations that US interest rates will remain high for a longer period of time, the market has reacted in recent weeks. Bond benefits pop up when the USD continues to move up.

“Whether this is a big market moment or not depends on how long it lasts and whether there are any downsides,” argues Brian Jacobsen, chief economist at Annex Wealth Management (USA). whether the other side is involved in the conflict or not?
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