General · 4 June 2026
Dollar Holds Firm as Oil Concerns Hit Risk Appetite
Photo by Jonathan Borba on Pexels
Higher oil prices and worries about conflict can affect currencies and investment markets. On Thursday, the US dollar remained close to a two-month peak after attacks linked to Iran and US military action near the Strait of Hormuz reduced demand for riskier assets, while traders watched the Japanese currency closely. Bitcoin fell to $63,119.5, and the yen traded at 159.91 per dollar.
Reported by Reuters · How we write briefs