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Story summary
- The U.S. dollar is poised to rebound as tensions with Iran rise, with the dollar index at 99.53 on March 23, 2025.
- U.S. President Donald Trump threatened strikes on Iranian infrastructure.
- The threat raises inflation risks from higher oil prices.
- Investors are less optimistic about Federal Reserve rate cuts.
- Central banks in Europe and Japan were considering tightening policies as the Australian dollar weakened.
