According to Mars Finance, on May 25th, Lloyd Chan, an analyst at Mitsubishi UFJ Financial Group, stated in a report that a de-escalation of geopolitical risks could lead to a significant reversal in investor positioning of the US dollar. The report noted that the dollar's strong momentum continues; meanwhile, Gulf states, including the UAE, Saudi Arabia, and Qatar, continue to call for a diplomatic solution and warn against further escalation of tensions.
Analysts: Progress on the Iran deal could trigger a sharp reversal in dollar positioning.
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