The greenback rises for the 10th time in 11 months as robust economic data and global uncertainties support demand.
The US dollar strengthened further, driven by strong retail sales and persistent geopolitical risks. The currency has climbed in 10 of the last 11 months, reflecting sustained investor demand for safe-haven assets.
Tensions between Iran and the US show no signs of easing, while the US-China summit failed to deliver breakthroughs. April’s retail sales data reinforced expectations of resilient domestic demand, bolstering the dollar’s appeal.
Markets continue to monitor these developments, with the dollar’s trajectory closely tied to economic indicators and geopolitical stability.