Dollar rises broadly as Middle East conflict lifts oil
The U.S. dollar strengthened across major pairs on Monday as Middle East conflict boosted oil prices and investors shifted toward safe havens ahead of the Federal Reserve’s first rate hike in more than two years.
S. dollar climbed broadly on Monday, with investors moving into the safe-haven currency as conflict in the Middle East lifted oil prices. Market participants were also positioning ahead of the Federal Reserve's first interest rate hike in more than two years.