In a report, Jane Foley of Rabobank stated that the US dollar may still have room to strengthen as the Middle East conflict shows no signs of abating. The dollar's rise since the start of the conflict should put an end to previous debates about whether it had lost its safe-haven appeal after its decline in April last year due to tariffs. She noted that the dollar still faces uncertainty, including how the Federal Reserve will balance political pressure to cut interest rates with inflationary pressures from rising energy prices. However, as an oil-exporting nation, the US's terms of trade may improve as a result. (Jinshi)