The U.S. dollar strengthened on concerns about the Middle East conflict, and analysts said it will be difficult to give back its gains in the short term

Gate News message, March 30, driven by concerns that the Middle East conflict could escalate, the U.S. dollar strengthened again. Although warnings from Japanese officials about intervening to support the yen briefly strengthened the yen, the dollar’s slide was limited and short-lived. Chris Turner, an analyst at ING, said: “Unless Iran releases clear de-escalation signals, it will be difficult to see the dollar give back this month’s gains in the near term.”

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