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forex market update

Dollar rises sharply as Middle East tensions return

April 20, 2026 by maleeha zahid

The US dollar strengthened to a one-week high against major global currencies on Monday as renewed geopolitical tensions in the Middle East pushed investors toward safer assets. Market sentiment shifted quickly after developments involving rising conflict risks between the United States and Iran. Consequently, traders reduced exposure to riskier currencies and increased demand for the […]

Filed Under: World Tagged With: dollar rise, forex market update, Iran tensions, Latest, oil price surge, safe haven demand, Strait of Hormuz

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