Dollar rises to seven-week high amid energy and rate-path focus
The dollar hit a seven-week high on Wednesday as investors weighed concerns about an energy shock’s economic impact and diverging monetary policy paths, with the U.S.-Iran situation in focus.
By Stefano Rebaudo and Satoshi SugiyamaThe dollar hit a seven-week high on Wednesday as investors turned to the U.S. currency amid growing concerns about the economic impact of the energy shock and weighed diverging monetary policy paths across major economies.The U.S. and Iran found themselves bac…