The recent rise in the US dollar, driven by Middle East tensions, is likely temporary and reflects a short-term “safe-haven” rush rather than a lasting trend, according to Invesco’s Kristina Campmany. She believes the dollar remains fundamentally overvalued against major currencies like the yen, Australian dollar, and yuan. Despite a modest recovery, the broader trend still संकेत underlying weakness, with growing concerns in Washington that a strong dollar hurts US exports.
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