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Geopolitical developments are once again influencing currency markets, with FOREX.com Market Analyst Razan Hilal outlining the implications for the U.S. dollar following recent U.S. strikes on Iran.
Geopolitical risk is once again playing a central role in foreign exchange markets. Following recent U.S. strikes on Iran, Hilal highlights renewed bullish momentum in the U.S. dollar heading into the second half of 2025. The Dollar Index has rebounded from multi-year lows, and similar upward movement is reflected in key dollar pairs such as USD/JPY and USD/CAD. Hilal notes that momentum indicators are pointing to a possible trend reversal, though she also cautions that risks remain if sentiment shifts or support fails to hold. The outlook remains balanced between potential continuation of the rebound and vulnerability to renewed downside pressure.
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---- Written by Frederic Guetin, StoneX TV Producer
---- Expert: Razan Hilal, FOREX.com Market Analyst
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