The dollar withdraws its profits with the expectation to reduce interest in July

The dollar was deleted on Monday after Michelle Bowman of the Federal Reserve said it could support the reduction of interest rates in July, overwhelming the rising tensions in the Middle East. Bowman’s statements, Vice Chairman of the Federal Reserve for Supervisory Affairs, came in line with the statements of federal reserve -governor Christopher and Wald, which will increase the possibility of the decline in borrowing costs the relative dollar attractiveness. As a result, the US dollar has dropped its previous profits, which was fueled by geopolitical tensions followed by the United States bombing at nuclear sites in Iran during the weekend. The “Bloomberg” index of the dollar did not see a change in the middle of the New York morning trading after it increased by 0.6% earlier, while traders used the dollar as a safe haven. Investors have also expressed concern that the possibility of high oil prices after US air strikes on Iran could exacerbate inflation and prevent the federal reserve from lowering interest rates. America’s attack on Iran disappears, Helen Given, a circulating in the Monex Inc, said “the attack really seems to be fading in the background of the market, and that traders have pointed their attention to the Fed Bank spokesman, and they look forward to very big data versions of the quarter, which indicates that the Memonx of the Dollar,” is, said. That “the attack is already fading in the background of the market, and traders have focused their attention on the Fed bank’s speakers like Bowman, and look forward to very important data of the term closing, and everything indicates the weakness of the dollar,” Monex Inc. Investors are awaiting indications that Iran can respond to the attacks of Israel and the United States by trying to disrupt the freight movement in the street of hormuz, an important path for oil and natural gas. While the reaction in the global stock markets was faint, Brent ruol rose by more than 5% at some point on Monday before recovering it. “The prolonged fight and inflationary pressure can complicate the position of the US Federal Reserve on monetary policy, even with the increase in the value of the dollar in the beginning after the attack.”