Dollar lifts to two-week high as Middle East shock and rate paths weigh
The dollar rose to a two-week high on Wednesday as investors shifted into the U.S. currency amid concerns about the economic impact of an energy shock and divergence in monetary policy paths across major economies.
By Stefano RebaudoThe dollar hit a two-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.Iran and its Arab neighbours were plunged back into war on We…