Podcasts

The U.S. Dollar strengthened to its highest level since January 23rd as escalating military conflict between the United States, Israel, and Iran drove investors toward safe-haven assets, while oil prices surged due to disruptions in the Strait of Hormuz. The euro and other Group of Ten currencies weakened amid concerns that a prolonged conflict could undermine global economic progress, even as key data releases including Eurozone fourth-quarter Gross Domestic Product and U.S. Nonfarm Payrolls approach later this week.