Dollar Holds 18-Month High as Gulf Tensions and Inflation Data Weigh
The dollar held at an 18-month high on Monday, supported by safe-haven demand after attacks escalated in the Middle East over the weekend. Investors were cautious ahead of U.S. inflation data later this week.
By Laura Matthews The dollar held at an 18-month high on Monday, buoyed by safe-haven demand as attacks in the Middle East intensified over the weekend. The developments kept investors cautious ahead of key US inflation data later this week. The dollar index TVC:DXY measures the US currency against six other…