Dollar Holds Steady as Middle East Tensions and Oil Prices Rise
The dollar held steady against most major currencies as investors weighed Middle East developments and oil-driven inflation concerns. The euro slipped 0.1% to $1.122.
The dollar was little changed against most major currencies on Wednesday as investors assessed developments in the Middle East conflict. The tensions have renewed safe-haven demand for the US currency amid concerns that higher oil prices could drive inflation. The euro (FX:EURUSD) fell 0.1% to $1.122 and is…