Wall Street Turns Gloomy on the Dollar as Haven Demand Fades

Deutsche Bank AG and Wells Fargo & Co. are among banks declaring the dollar’s war-driven haven rally is likely over as the fragile ceasefire between the US and Iran prompts...

By Carter Johnson, Anya Andrianova · Bloomberg Markets

Deutsche Bank AG and Wells Fargo & Co. are among banks declaring the dollar’s war-driven haven rally is likely over as the fragile ceasefire between the US and Iran prompts investors to seek riskier assets.