Dollar Holds Steady as Middle East Tensions Simmer and Oil Rises
The dollar held steady against most major currencies as investors weighed Middle East developments. 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 fuel inflation. The euro (FX:EURUSD) fell 0.1% to $1.122.