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<FX>USD Index Up 1% More, as Mideast Tensions Trigger Risk-off Sentiment
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Amid escalating conflicts in the Middle East which raised inflation concerns, investors flocked to safe-haven assets. The USD sustained its uptrend on Tuesday, with the USD Index rising 1% to 99.4.

Compared to the US, Europe and Japan were more susceptible to soaring energy costs, with the JPY falling to its lowest in over five weeks. The USD/JPY dropped to 157.7, and JPY100/HKD was 4.94. The EUR/USD dipped 0.9% to 1.157.

Related NewsContinuing Jobless Claims for Mar/21 in the United States is 1,841K, higher than the previous value of 1,816K. The forecast was 1,840K.

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