Dollar rises to multi-month highs as Middle East war boosts safe-haven demand

World News
27-03-2026 | 03:24
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
print
Dollar rises to multi-month highs as Middle East war boosts safe-haven demand
Whatsapp
facebook
Twitter
Messenger
telegram
print
0min
Dollar rises to multi-month highs as Middle East war boosts safe-haven demand

The U.S. dollar rose to its highest levels in several months as investors turned to safe-haven assets amid escalating war in the Middle East and growing uncertainty over any potential path toward de-escalation.

Markets were left on edge after a volatile week in which U.S. President Donald Trump once again extended the deadline before targeting Iranian energy facilities until April, while Washington and Tehran presented completely conflicting accounts regarding progress in diplomatic efforts.

Gold prices also rose by more than 1%, supported by buying activity, but the metal is still on track for a fourth consecutive weekly loss. Rising energy prices have fueled inflation concerns and strengthened expectations of global interest rate hikes.

World News

rises

multi-month

highs

Middle

boosts

safe-haven

demand

LBCI Next
China announces two reciprocal trade investigations against US
India slashes fuel taxes due to Mideast war shortages: Finance Minister
LBCI Previous
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More