Dollar Holds Steady Amid Israel-Iran Tensions Before Fed Meeting

Reported about 14 hours ago

The U.S. dollar weakened against the yen and Swiss franc as investors sought safe-haven assets amid ongoing Israel-Iran conflict, while anticipation built for the Federal Reserve's interest rate decision. Israel's military actions against Iran and the U.S. military's increased presence in the region heightened fears of conflict escalation. Despite the dollar's recent gains, much uncertainty in the market remains due to geopolitical tensions and economic factors, leading to subdued activity ahead of the Fed meeting.

Source: YAHOO

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