Analysts: Failure to reach an agreement in US-Iran talks will provide further upward momentum for the US dollar.

CoinFeed reported on April 12th that, according to Jinshi, Fiona Lim, senior strategist at Maybank, stated that while the market may be somewhat disappointed by the lack of progress in US-Iran negotiations, this was not entirely unexpected. The US dollar may gain further upward momentum at the opening on Monday. Some Asian currencies, particularly those of net energy importers such as the South Korean won, Philippine peso, Japanese yen, and Thai baht, began to weaken last Friday and may continue to face pressure this week.