Dollar firms after US-Iran strikes shake peace hopes

US-Iran strikes boost dollar as peace deal hopes fade. Asian currencies weaken, oil prices rise.

Today / 04:00|Last updated: Today / 04:03

Dollar firms after US-Iran strikes shake peace hopes — Photo: Prepared by Bond.az

The dollar strengthened on Tuesday after fresh U.S. military strikes in Iran raised doubts about a potential peace deal.

The dollar index and futures edged up 0.1% in Asian trade, recouping recent losses. The yen, yuan, and Australian dollar softened.

Oil prices surged, adding to inflation concerns and supporting the greenback. Markets remain on edge.

Bank of Japan Deputy Governor hinted at possible policy adjustments based on Middle East developments.

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