EconomyDollar hovers near one-week high as markets weigh Gulf tensions
The U.S. dollar remained close to a one-week high on Tuesday. Markets were caught between conflicting signals from the Middle East. Ongoing hostilities in the region revived concerns that energy supplies could be disrupted. At the same time, hopes of a ceasefire provided some relief, leaving investors to balance renewed risks against the possibility of de-escalation.
Dollar hovers near one-week high as markets weigh Gulf tensions