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.

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.

NEW YORK: The dollar rose to a six-week high on Thursday (May 21) after Iran's Supreme Leader issued a directive that the country's near-weapons-grade uranium must not be sent…

The US dollar firmed on Thursday but stayed below a six-week peak as hopes that Washington was nearing a deal with Tehran to end the war in the Middle East capped further rises.

Fed minutes reveal rate hike discussions as inflation stays above 2%, the dollar hits a six-week high near 99.37, and Iran talks uncertainty rattles markets.

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…