US Dollar stabilizes against peers despite rising tensions
The US Dollar has maintained its resilience against other major currencies, despite escalating tensions in the Strait of Hormuz.
The US economic calendar is set to feature key data releases, including the Conference Board’s Consumer Confidence Index and the Federal Reserve Bank of Dallas’ Manufacturing Business Index.
Risk appetite was dampened by reports of US military strikes against Iranian targets, prompting investors to adopt a cautious stance.
The USD was the strongest against the New Zealand Dollar, according to recent data.