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fxJul 13, 2026, 9:20 AM

USD Edges Higher on Safe-Haven Flows Amid US-Iran Tensions

The US dollar strengthened in early trading as safe-haven demand rose, driven by continued hostilities between the US and Iran in the Persian Gulf, raising concerns over renewed price pressures and inflation.

USD

The US dollar opened higher today, supported by safe-haven flows amid escalating US-Iran hostilities in the Persian Gulf. The ongoing conflict is fueling fears of a resurgence in price increases, which could intensify inflationary pressures.

Market participants are monitoring the situation closely as any sharp rise in energy costs or supply disruptions may force central banks to reassess policy. The dollar's gain reflects investor caution ahead of potentially volatile sessions.

Source: FXStreet Forex News