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The dollar remains strong as tensions escalate and oil prices increase
The US dollar remained strong against most major currencies, supported by escalating tensions in the Middle East and rising oil prices, reaching 162.425 yen and approaching its highest levels in a week. Additionally, Brent crude futures increased by 1.1% to $78.88, amid rising yields on 10- and 30-year US Treasury bonds, following divisions within the Federal Reserve regarding inflation.
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