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Market Impact: 0.75

Dollar Rises on Hawkish Rally in Oil Prices

Geopolitics & WarCurrency & FXEnergy Markets & Prices

The dollar index rose 0.28% as safe-haven demand picked up after Iran said it had halted ceasefire talks with the US, increasing the risk of renewed full-scale US military action. The report also sparked a rally of more than 5% in crude oil prices, underscoring heightened geopolitical risk across FX and energy markets.

Analysis

The dollar index rose 0.28% as safe-haven demand picked up after Iran said it had halted ceasefire talks with the US, increasing the risk of renewed full-scale US military action. The report also sparked a rally of more than 5% in crude oil prices, underscoring heightened geopolitical risk across FX and energy markets.

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mildly negative

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