The US Dollar Index rises near 100.00 in Asian trading, supported by safe-haven flows amid escalating geopolitical risks.
The US Dollar Index (DXY) advanced toward 100.00 during Asian trading hours, reflecting increased demand for the USD as a safe-haven asset. The move follows rising tensions in the Middle East, which have heightened market uncertainty.
The DXY, which measures the USD against a basket of six major currencies, had previously traded in a tighter range. Recent geopolitical developments have shifted investor sentiment, driving flows into traditional safe-haven assets.
No immediate market reaction data was provided, but the index’s movement aligns with broader risk-off trends observed in early trading.