Deutsche Bank’s Saravelos Says Sell Dollar as War Risks Peak

The risks linked to the war in Iran will be subsiding and it is time to bet on a weaker US dollar, according to Deutsche Bank AG.

The Bloomberg Dollar Spot Index fell 0.3% Tuesday to the lowest since March 2. The gauge is now close to walking back all of its gains since the conflict in the Middle East started. The US and Iran are considering another round of peace talks, breathing optimism into the global stock market and pushing oil prices lower.