Expect a Brief Flourish: Dollar Surge Following U.S. Strike on Iran
The dollar index experienced a brief uptick of 0.45% on Monday, signaling a gain against various currencies. However, many investment banks believe the dollar’s strength will be short-lived. Analysts warn that external market conditions will greatly influence the currency’s future performance. As geopolitical tensions arise, particularly following U.S. military actions, the market’s perception of stability will play a crucial role in currency valuation.