Dollar Supported by Concerns of a Protracted Iran War
Yahoo Finance·2026-03-30 14:33
The dollar index (DXY00) climbed to a 2-week high today and is up by +0.35%. The dollar has safe-haven support on concerns of a protracted Iran war after President Trump told the Financial Times on Sunday that he wants to "take the oil in Iran" and could seize the export hub of Kharg Island, which would involve US ground troops and mark a major escalation of the conflict. Gains in the dollar are limited, as today's decline in T-note yields has weakened the dollar's interest-rate differentials. Swaps ma ...