Dollar Index Surges

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đź’µ The dollar index (DXY), which measures the greenback against a basket of major currencies, was last up 0.43% to $100.58 and remains up about 2.3% for the year to date.

Over the past week, the index rose 0.72%, with the U.S. dollar underpinned by safe-haven demand as escalating tensions between the U.S., Israel, and Iran, along with fading hopes for de-escalation, boosted demand for defensive assets.
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