Dollar Hits One-Week High Amid Renewed US–Iran Tensions

Dollar Hits One-Week High Amid Renewed US–Iran Tensions

The U.S. dollar strengthened to its highest level in a week against major currencies on Monday before trimming gains, as renewed tensions between the United States and Iran and fading hopes of a Middle East peace deal pushed investors toward safe-haven assets. The United States announced on Sunday that it had seized an Iranian cargo … Read more