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Analyst: The ability of the dollar to benefit from safe-haven flows may be limited.
Jin10 data reported on June 13, analyst Nikos Tzabouras stated in a report that the dollar's ability to benefit from safe-haven flows may be limited following the Israeli attack on Iranian nuclear facilities. He said, "The dollar remains a primary victim of Trump’s destructive trade policies, which have sparked a broader shift of U.S. assets." Due to ongoing tariff uncertainties, the dollar may struggle to fully capitalize on risk aversion sentiment. He noted that in this environment, safe-haven assets like gold seem more attractive.