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Dollar at week-high after US resumes attacks on Iran

The dollar reached its highest weekly level against peers amid renewed U.S. strikes on Iran. Geopolitical tensions escalated, and oil prices saw an increase following the attacks. Concerns over peace deal stability reemerged after Iran's actions in the Strait of Hormuz. Global yields jumped higher as inflation outlook worries intensified for investors. Other currencies like the euro and pound experienced slight declines against the dollar.

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Economic TimesLean R·2h ago
Dollar at week-high after US resumes attacks on Iran
The dollar reached its highest weekly level against peers amid renewed U.S. strikes on Iran. Geopolitical tensions escalated, and oil prices saw an increase following the attacks. Concerns over peace deal stability reemerged after Iran's actions in the Strait of Hormuz. Global yields jumped higher as inflation outlook worries intensified for investors. Other currencies like the euro and pound experienced slight declines against the dollar.
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Dollar at week-high after US resumes attacks on Iran

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Dollar at week-high after US resumes attacks on Iran

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