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Dollar Reaches Monthly Peak Amidst Conflict; Yen Stabilizes on Intervention Warning
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War Fuels Dollar to Monthly Highs, Yen Stabilizes on Intervention Threat
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Firstpost
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31-03-2026, 07:06
War Fuels Dollar to Monthly Highs, Yen Stabilizes on Intervention Threat
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US dollar reaches highest level since May 2025, up 2.9% in March, driven by Iran war and global slowdown fears.
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Greenback's strength reflects its safe-haven status amid escalating geopolitical tensions and market volatility.
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Japanese yen stabilizes around 159.8 per dollar due to intervention warnings, despite earlier sharp losses.
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Commodity currencies like AUD, NZD, and KRW weaken significantly amid global growth concerns and rising energy costs.
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Geopolitical tensions, including threats to Iran's energy infrastructure, are driving market shifts and oil price surges.
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