Dollar rises to three-month high amid Middle East conflict, safe-haven demand increases

MarsBitNews · 2026-03-13T07:55:13+00:00

Mars Finance News: According to Golden Ten, the U.S. dollar rose to a three-and-a-half-month high against a basket of currencies as ongoing Middle East conflicts prompt investors to seek safe-haven assets, pushing up oil prices. Volkmar Baur, an analyst at Commerzbank, stated in a report that although the Iran conflict is entering the final week of its second week, there are still no signs of resolution. He pointed out that due to stronger U.S. economic growth and the possibility that the Federal Reserve may delay anticipated rate cuts to address potential inflationary pressures, the dollar could strengthen in the short term.

MarsBitNews

2026-03-13 07:55:13

Mars Finance News: According to Jintiao, the US dollar against a basket of currencies has risen to a three-and-a-half-month high, driven by ongoing Middle East conflicts prompting investors to seek safe-haven assets and pushing up oil prices. German commercial bank analyst Volkmar Bauer stated in a report that although the Iran conflict is entering its second week, there are no signs of resolution. He noted that due to stronger US economic growth and the Federal Reserve possibly delaying expected rate cuts to address potential inflation increases, the US dollar may strengthen in the short term.

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