Cailian News reported on October 21st that strategists at the Commonwealth Bank of Australia stated that if the conflict in the Middle East eases and energy prices decline, the demand for the US dollar as a safe-haven asset will cool down. However, the continuous inflow of foreign capital into the United States is expected to support a modest upward trend for the US dollar in the coming months.
2026-10-21 15:45:27
According to CoinMeta, as reported by Cailian News on October 21st, strategists at the Reserve Bank of Australia stated that if the conflict in the Middle East eases and energy prices decline, the demand for the US dollar as a safe-haven asset will cool down. However, the continuous inflow of foreign capital into the United States is expected to support a modest upward trend for the US dollar in the coming months.
Source:CLS
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