Dollar Hovers Near 18-Month High as Gulf Unrest, U.S. Inflation Keep Investors on Edge
4 Articles
4 Articles
The dollar is still near its 1.5-year high at the beginning of the week, with investors focused on Middle East tensions and Wednesday's US inflation data. Yemen's Houthis have stepped up their attacks on Saudi energy facilities, but the price of Brent crude fell to $103.3 after US President Donald Trump announced a ceasefire in the Ukraine-Russia energy dispute. The forint started the week above 365 against the euro and around 326 against the do…
The escalation of the situation in the Middle East significantly influenced the situation.
Dollar hovers near 18-month high as Gulf unrest, U.S. inflation keep investors on edge
The dollar held near an 18-month high on Monday, supported by safe-haven demand as an escalating Middle East conflict kept investors cautious ahead of key US inflation data later this week.
The dollar moved near an 18-month high in the first session of the week, maintaining its role as a safe haven, as the escalation of tension in the Middle East keeps… The dollar at an 18-month high - ΙΝΑΦΤΕΜΟΡΙΚΙ
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