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Analyst: Failure of US-Iran Talks Could Provide Further Upside Momentum for the Dollar
Svmuu News: Senior strategist Fiona Lim from Maybank stated that the market might be somewhat disappointed by the failure of the US-Iran talks, but this outcome was not entirely unexpected. The US dollar may gain further upward momentum at the start of trading on Monday. Some Asian currencies, particularly those of net energy importers such as the South Korean won, Philippine peso, Japanese yen, and Thai baht, had already begun to weaken last Friday and may continue to face pressure this week. (Jin10)
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