德商银行：美元走强非避险属性驱动

Core Viewpoint - The recent strength of the US dollar is primarily driven by the rebound in oil prices rather than its traditional role as a safe-haven currency [1] Group 1: Dollar Strength Analysis - Analysts from Deutsche Bank indicate that the appreciation of the dollar is linked to improved trade conditions due to rising oil prices, benefiting the US economy [1] - The US has become the world's largest oil producer, thanks to technological advancements from the shale oil revolution, which enhances its export and import price ratios [1] Group 2: Currency Performance - The dollar did not exhibit a broad strengthening trend last Friday; instead, it depreciated against currencies like the Canadian dollar and Norwegian krone, which are more reliant on oil [1] - The dollar index experienced a pullback in tandem with the decline in oil prices, highlighting the correlation between oil market movements and dollar performance [1]