Reported 18 days ago
The US dollar has surged against most major currencies, hitting its highest level since August, as renewed trade tensions with China prompted investors to seek safe-haven assets. The Bloomberg Dollar Spot Index rose by 0.3%, while the Australian dollar plummeted to a two-month low. Analysts suggest that the dollar's status as a haven may provide ongoing support, with increasing demand noted in options markets, especially against the pound, Australian, and Canadian dollars.
Source: YAHOO