FOREX: US Dollar Gains as Iran Conflict Fuels Safe-Haven Demand and Higher Oil Prices
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LN24 / 2 months
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The U.S. dollar strengthened against major global currencies on Monday as escalating conflict in the Middle East drove investors toward safe-haven assets and pushed crude oil prices sharply higher. The U.S. dollar index (DXY) which measures the greenback’s value against a basket of other major currencies rose around 0.5%, reaching its highest level in about […]