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Dollar index hits highest level in 19 days amid U.S.-Iran tensions

The DXY rises to its highest in 19 days. Renewed U.S.-Iran hostilities continue to push oil prices higher, supporting the dollar versus a basket of currencies.

DXY

The DXY, which measures the dollar's value against a basket of currencies, rises to its highest in 19 days, as renewed U.S.-Iran hostilities continue to push oil prices higher.

The U.S. and Iran exchanged fire on Tuesday as the two countries continued to battle for control of the Strait of Hormuz…