中东

Dollar thrives on upheaval

The dollar advanced as escalating political turmoil in the Middle East drove haven demand for the US currency.

Oil prices surged as tensions in Libya, Africa’s largest crude producer, heightened and reports said Iran was sending warships through the Suez Canal.

High-yielding currencies also suffered as a Moody’s warning over Japanese government debt and an earthquake in New Zealand weighed on risk appetite.

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