Safe-haven U.S. dollar rallies across the board, euro hits seven-month low

MarsBitNews · 2026-03-13T07:48:00+00:00

Mars Finance News: According to Gate market data, as the escalation of Middle East conflict drives a broad strengthening of the U.S. dollar, the euro-to-dollar exchange rate has fallen to its lowest level since August last year. On Friday, it declined as much as 0.4% to 1.1467, marking a new low in over seven months. Year-to-date, the euro has accumulated losses exceeding 2%. With ongoing conflict in the Middle East region, the U.S. dollar strengthened against all G10 currencies on Friday, driving the euro's latest round of decline. Oil prices rose above $100 per barrel, further adding pressure on the euro.

MarsBitNews

2026-03-13 07:48:00

Mars Finance reports that, according to Gate Market data, as the Middle East conflict escalates, driving the US dollar higher across the board, the euro against the dollar has fallen to its lowest level since August last year. On Friday, it dropped as much as 0.4% to 1.1467, hitting a more than seven-month low. Since the beginning of the year, the euro has declined by over 2%. The ongoing conflict in the Middle East continues to strengthen the US dollar against all G10 currencies, prompting the latest decline in the euro. Oil prices have risen above $100 per barrel, further increasing pressure on the euro.

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