Latest US greenback strengthening in response to the escalating battle in Iran has achieved 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 towards a basket of currencies, hit 99.683 on March 9, its highest stage since November, and nearly 4 factors increased than the late-January lows.
In the course of the first few days of the battle, movement information
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