Dollar gains as investors flee risk on escalating Mideast war - News Summed Up

Dollar gains as investors flee risk on escalating Mideast war


TOKYO - The US dollar rose on Monday as escalating retaliatory threats in the Middle East ​conflict curbed risk appetite and lifted demand for safe-haven assets. The Australian ‌dollar, a liquid proxy for global sentiment, slid as equities sold off across Asia. The dollar index, which measures the US currency against a basket of peers, rose 0.29% ⁠to 99.83. The euro sank 0.38% to $1.1526, as the yen weakened 0.22% to 159.55 per dollar. The Australian dollar sank 0.95% versus ​the greenback to $0.6956, while New Zealand's kiwi weakened 0.7% versus the greenback to $0.5793.


Source: Bangkok Post March 23, 2026 10:37 UTC



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