Dow Stock: Continued oil price impact may weaken the dollar.

In a report, strategists at Road Ming Securities stated that the sustained oil price impact caused by the Iran war could ultimately be detrimental to the US dollar. They said that compared to the EU and Asia, the US energy independence should delay the impact on the US, temporarily shifting growth and relative interest rate differentials in favor of the US dollar. "Ultimately, even the US and the Federal Reserve cannot escape the growth and macro impacts brought about by long-term disruptions in the energy market." They stated that if the Federal Reserve continues to cut interest rates by the end of this year, the US dollar is likely to weaken in the medium term. Concerns about the US deficit could also intensify due to increased defense spending.