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Dollar climbs to 18-month high amid Middle East and Ukraine attacks
World
— 1d
The dollar held near an 18-month high as escalating attacks on energy infrastructure in the Middle East and Ukraine pushed oil prices higher and fueled safe-haven demand. Investors also awaited U.S. inflation data and signals on Federal Reserve policy; most Asian currencies were little changed, while the rupee strengthened after India’s central bank moved to curb dollar demand.
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