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Dollar near six-week high amid Iran war jitters
The US dollar remains strong near six-week peaks. Traders are watching for a Middle East war resolution and the Federal Reserve's next move on interest rates. Rising energy costs could push inflation higher, influencing the Fed's decision. Currencies like the Euro and Yen face pressure. Australia grapples with energy shortages. Japan's core inflation slowed, impacting its currency.
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thejakartapost.com
Dollar rises to six-week high on rate hike bets and war uncertainty - Markets - The Jakarta Post
The US dollar hit a six-week high on Wednesday as investors came to terms with the possible need for higher interest rates to tackle inflation resulting from the Iran war.
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euronews.com
Global markets rise as Iran war uncertainty keeps oil elevated
Markets climbed on Friday as hopes of a breakthrough in US-Iran negotiations steadied investor nerves, but with Hormuz shipping still disrupted and oil above $100, uncertainty has…
