SINGAPORE: The dollar jumped against most of its peers as a renewal of conflict in the Middle East fanned inflation fears and the prospect of rate hikes from central banks increased.
Against the yen, the US dollar was up 0.1 percent at 161.92 yen. The euro weakened 0.1 percent to $1.1403 while the British pound slipped 0.1 percent to $1.3383.
The Australian dollar was down 0.1 percent at $0.6942, while its kiwi counterpart slid 0.1 percent to $0.5757.
US and Iranian forces exchanged heavy missile and drone assaults at the weekend, with Tehran targeting US facilities in states across the Gulf on Sunday and saying it had again closed the vital Strait of Hormuz.
Oil prices rose as trading resumed in Asia, with Brent crude futures up 3.3 percent at $78.49 a barrel.
