ING: If the Iran conflict causes oil prices to remain high, the US dollar may continue to be supported.

金色财经_ · 2026-04-07T14:42:49+00:00

Chris Turner of ING Group stated that the US dollar will continue to be favored, especially as the Middle East conflict remains unresolved and Trump has not postponed the deadline for the Iran deal. High energy prices and a strong US economy are also supporting the dollar, and the DXY US dollar index is expected to stay stable within the 100.00-100.50 range.

金色财经_

2026-04-07 14:42:49

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Golden Finance reported that on April 7, Chris Turner of ING said in a report that unless the Middle East conflict reaches a ceasefire, or unless the Tuesday evening deadline set by U.S. President Donald Trump for an agreement with Iran is extended, the U.S. dollar should continue to be in demand. He said, “Elevated energy prices are continuing to help the U.S. dollar, and so does what appears to be a strong U.S. economy.” He was referring to the United States’ position as a net oil exporter. He said that if no agreement is reached by 8:00 p.m. Eastern Daylight Time, and Trump then carries out his threat to bomb Iran’s civilian infrastructure, energy prices will face further major increases. The DXY U.S. dollar index was steady at 100.02, and ING expects that before the deadline arrives, the index will remain in the 100.00–100.50 range.

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