Story perspectives
US Dollar Soars Amid Middle East Tensions, Investors Seek Safety
3/13/2026
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Story summary
- The US Dollar surged as tensions in the Middle East intensified, especially involving Iran, boosting safe-haven demand.
- The dollar index rose sharply, signaling a shift toward risk aversion among investors.
- Analysts say geopolitical crises typically lift the dollar’s appeal, as seen in past conflicts.
- The EUR/USD fell below key support, indicating further volatility and prompting attention to diplomacy and oil data.
