According to CoinMeta, the US dollar fell to a 10-week low against a basket of currencies as markets lowered their expectations for interest rate hikes in the United States, and US Treasury yields also declined. Recent weak US employment and retail sales data, as well as sluggish inflation figures, led investors to reduce their bets on rate hikes. However, Paul Brocardo, CEO of bankpro, pointed out in a report that if the uncertainty in the Middle East situation and the resulting inflation concerns persist, the decline in the dollar may be limited. Any escalation of tensions could boost demand for safe-haven assets, thereby supporting the dollar and driving up oil prices and yields.