Analyst: Risk aversion and small non-farm data boost the dollar

ChainCatcher news, according to Jinshi reports, the New Zealand dollar weakened against the US dollar in the Asian market. US President Biden said on Wednesday that the G7 is coordinating a response to Iran's attacks on Israel, which includes implementing new sanctions on Tehran.

Analysts at Malaysia Bank stated in a foreign exchange research and strategy report that investors continue to seek refuge in the dollar, noting that they may be affected by sanctions. The analysts mentioned that better-than-expected US ADP data also boosted the dollar.