Market News

    Dollar hits highest level since January, reaffirming its key safe-haven status

    The U.S. dollar rallied further on Tuesday, as the widening conflict in the Middle East resulted in the greenback solidifying its status as a global safe-haven.

    At 15:21 ET (20:21 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.6% higher to 98.99, its highest level since January and extending a gain of nearly 1% on Monday.

     

     

    Source : Investing.com