Latest US greenback strengthening in response to the escalating battle in Iran has performed little to mood many traders’ long-term bearish views on the dollar, with some shopping for into trades anticipating a rally in higher-yielding currencies.
The US greenback index (DXY), a measure of the greenback’s worth in opposition to a basket of currencies, hit 99.683 on March 9, its highest degree since November, and nearly 4 factors greater than the late-January lows.
Through the first few days of the battle, circulation information
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