Middle East conflict delayed or shook the safe-haven properties of the US dollar assets.

The spillover effect of the US-Iran conflict is becoming increasingly apparent, and geopolitical risks have become a key variable affecting global asset pricing, potentially accelerating global asset allocation rebalancing. In this process, the uncertainty of the US dollar assets has increased, and its traditional safe-haven properties have come under more scrutiny. Market analysts believe that if the Middle East conflict continues to drag on, combined with the large risk exposure of US assets in the conflict zone, rising international energy prices disrupting the pace of Federal Reserve policy adjustments, and increased structural risks in the US financial markets, the safe-haven properties of US dollar assets may be shaken.