The Middle East conflict intensifies, and the dollar remains at a two-month high awaiting inflation data
By: rootdata|2026/06/08 15:42:00
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According to Jinshi reports, influenced by the outbreak of a new round of conflicts in the Middle East, the dollar remains high after reaching a two-month high overnight. Iran and Israel exchanged fire, marking the first direct attack between the two sides since the ceasefire agreement mediated by the United States took effect in early April. The market is awaiting the U.S. inflation data to be released on Wednesday, which will affect expectations for the Federal Reserve's interest rate decision in June. Deutsche Bank analysts stated that the reasons for raising interest rates are clearly stronger than those for lowering them, and last Friday's better-than-expected non-farm payroll report further reinforced this.
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