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Dollar Rises to 12-Day High as Oil Prices Rally

The dollar reached a 12-day high against a basket of currencies as oil prices rallied amid concerns about continued Middle East conflict. Jefferies economist Mohit cited market concerns about possible further strikes.

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The dollar rises to a 12-day high against a basket of currencies as oil prices rally due to concerns about continued Middle East conflict. "Geopolitics remains the focus with market concerns that Trump could consider another round of strikes around or after the mid-terms," Jefferies economist Mohit…