The dollar index (DXY) rallied to a 10.5-month high, finishing up 0.40% on Monday as safe-haven flows increased amid concerns of a protracted war in Iran after President Trump said he wants to 'take the oil in Iran.' The move signals risk-off positioning that should support the dollar and could pressure oil and broader risk assets; monitor energy prices and FX flows for subsequent market moves.
The dollar index (DXY) rallied to a 10.5-month high, finishing up 0.40% on Monday as safe-haven flows increased amid concerns of a protracted war in Iran after President Trump said he wants to 'take the oil in Iran.' The move signals risk-off positioning that should support the dollar and could pressure oil and broader risk assets; monitor energy prices and FX flows for subsequent market moves.
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