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Dollar Jumps on Haven Flows as Middle East War Intensifies

Bloomberg Markets Thursday 23 July 2026, 14:28 UTC By Anya Andrianova 1 min read
Key Points

Dollar Jumps on Haven Flows as Middle East War Intensifies The dollar got a boost Thursday from haven flows as the war in the Middle East intensified, pushing oil prices above $100 a barrel. The Bloomberg Dollar Spot Index rose 0.3%, poised for the best week in a month. The world’s reserve currency rose against nearly all of its major peers on the day with the New Zealand currency lagging the most.

Dollar Jumps on Haven Flows as Middle East War Intensifies The dollar got a boost Thursday from haven flows as the war in the Middle East intensified, pushing oil prices above $100 a barrel. The Bloomberg Dollar Spot Index rose 0.3%, poised for the best week in a month. The world’s reserve currency rose against nearly all of its major peers on the day with the New Zealand currency lagging the most. Meanwhile, the Swiss franc fell to the lowest in over a year, while the yen has been at its weakest level in four decades, falling as low as 163.96 per US dollar on Thursday.
the Middle East (LOCATION) The Bloomberg Dollar (ORG) New Zealand (LOCATION) US (LOCATION)
Originally published by Bloomberg Markets Read original →

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