Dollar Gains as the World Awaits Iran’s Response to US Attack
Takeaways by Bloomberg AI
The dollar strengthened on Monday as investors sought to shield against mounting geopolitical risks following the US strikes on Iran.
The US currency gained against the euro and most major foreign-exchange peers in Asia trading. Crude oil futures climbed and US equity contracts slipped as the bombing fueled demand for safety and angst about energy supply. Treasuries dipped, reversing an earlier gain.