October 3, 2024 – Written by David Woodsmith
STORY LINK Foreign Exchange News: Middle East Fears Drive Dollar Gains, Israel’s Next Move Crucial
The dollar has posted significant net gains over the past 24 hours, primarily due to an escalation in Middle East tensions and defensive demand for the US currency.
Iran launched a wave of missiles against Israel in response to Israel’s killing of the Lebanese Hezbollah leader.
There was a spike in risk aversion with a jump in oil prices which…
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