The US dollar remains high due to the US-Iran conflict driving up energy prices

According to Jinshi reports, as the US-Iran conflict drives up oil prices, the dollar weakens but remains close to the one-week high reached overnight. Deutsche Bank analysts stated in a report that the rise in oil, natural gas, and other commodity prices has increased recent inflation expectations. Against this backdrop, investors have repriced their expectations for Federal Reserve interest rate hikes, and the market has begun to speculate again on the possibility of a rate hike by the Federal Reserve next week.