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Dollar rides yield surge as Middle East and trade wars raise inflation stakes
The dollar strengthened against major currencies on Friday. Rising oil prices and new trade tariffs fueled inflation concerns globally. U.S. Treasury yields climbed significantly, reaching multi-month highs. The yen remained near a 40-year low against the dollar. Investors anticipate central bank decisions amid inflationary pressures.
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straitstimes.com
Dollar hits new 40-year high versus yen, euro lower after ECB decision
The dollar has been rising in recent days as renewed strikes in the US-Iran conflict have caused a reversal in oil prices. Read more at straitstimes.com. Read more at…
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m.economictimes.com
Dollar rides yield surge as Middle East and trade wars raise inflation stakes
The dollar strengthened against major currencies on Friday. Rising oil prices and new trade tariffs fueled inflation concerns globally. U.S. Treasury yields climbed…
