Mizuho Securities: Middle East conflict strengthens the US dollar and increases liquidity demand
ChainCatcher News, according to Golden Ten Data, analysts say that due to the Middle East conflict potentially triggering demand for immediate liquidity, the US dollar strengthened against most currencies during the Asian trading session. Vishnu Varathan, Head of Macro Research at Mizuho Securities, stated that due to a "cash is king" mentality, the US dollar may maintain a buying advantage, which could be further reinforced by the greater disadvantages of the euro and most other non-oil currencies.
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