The US Dollar Index rises for a second day, supported by safe-haven flows amid rising global geopolitical risks.
The US Dollar Index (DXY) remains near 99.00, extending gains for a second consecutive session during Asian trading. Demand for the USD has strengthened as investors seek safety amid escalating geopolitical tensions, reducing appetite for riskier assets.
The index, which tracks the USD against six major currencies, has held steady above key support levels after recent volatility. Market participants are monitoring developments in global conflicts and economic data releases for further direction.
No immediate market reaction was specified, but the USD’s resilience reflects its role as a preferred safe-haven asset during periods of uncertainty.