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Dollar Could Extend Losses if Trump Avoids Further Iran Strikes, MUFG Says

MUFG Bank's Derek Halpenny says the dollar could fall further if President Trump refrains from further strikes against Iran after the Democratic sweep in the U.S. midterm elections.

DXY

1021 GMT - The dollar could extend its losses if President Trump refrains from further strikes against Iran following the Democratic sweep in the U.S. midterm elections, MUFG Bank's Derek Halpenny says in a note. The first unknown is whether Trump will use this "lame duck session" to escalate the M…

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