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Dollar Index Rises Amid Middle East Concerns and Strong Non-Farm Payrolls Figures

The Dollar Index measures the dollar’s movement against six major basket currencies. adjusted up today Meanwhile, investors are holding on to the dollar as a safe-haven asset. amid concerns about the situation in the Middle East

As of 10:13 p.m. Thai time, the Dollar Index, which measures the dollar’s movement against six major currencies in the basket of currencies, added 0.18% to 106.24, while the dollar strengthened 0.36% to 1.055 against the euro and adjusted. down 0.50% to 148.55 yen.

The dollar also gained support from the release of strong non-farm payrolls figures on Friday. This will be a factor supporting the US Federal Reserve (Fed) to increase interest rates to stem inflation.

Israeli Prime Minister Benjamin Netanyahu has announced that Israel will change the face of the Middle East. with a strong response to Hamas

“What Hamas will face will be frightening and difficult,” Netanyahu said.

The Hamas group launched a violent attack on Israel on Saturday. As a result, more than 700 Israelis were killed, while more than 500 Palestinians died in Israeli retaliation. As a result, now more than 1,200 people have died from the incident. which includes many foreigners

The market will be watching the release of minutes from the Federal Open Market Committee (FOMC) meeting on September 19-20, as well as the Consumer Price Index (CPI), which measures inflation from consumer spending. consume on Thursday

2023-10-09 15:29:17
#dollar #strengthens #Benefit #investors #flocking #holdings #wartime

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