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U.S. Dollar Rallies As U.S. Strikes Iran: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Summary by bipns.com
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The dollar rose to its highest level in almost five weeks after the U.S. attack on Iran triggered an avalanche of safe haven assets and raised the yields of Treasury bonds, while an increase in oil prices threatens to worsen inflation. Bloomberg’s dollar index rose by 1 percent before slowing down its advance and closing the day with an increase of 0.7 percent, its best rebound since January 30. The U.S. dollar appreciated against its main peers…

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bipns.com broke the news in on Monday, March 2, 2026.
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