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Stock impact report

Dollar edges higher as Middle East war boosts safe-haven demand [CNBC]

MACQUARIE GROUP LTD S/ADR (MQBKY) 
NASDAQ:AMEX Investor Relations: macquarie.com/us/about/investors
Company Research Source: CNBC
The dollar resumed its climb on Thursday after a brief retreat ?from three-month highs as the fallout from the Middle East conflict kept investors on edge and prompted a flight to the safe-haven currency. Earlier hopes of ?a de-escalation gave way to a ?fresh bout of uncertainty, with ?Iran warning that Washington would “bitterly regret” the sinking of an Iranian warship off Sri Lanka. That kept the dollar in favor, leaving the euro down 0.12% at $1.1619 and sterling 0.17% lower at $1.3352. The dollar index, which measures the greenback against a basket of six ?other ?currencies, was last up 0.11% at 98.91. “Everyone is fumbling around in the ?dark,” said Nick Rees, head of macro research at Monex. “Most investors recognise that they do not have a high level of confidence when it comes to the outlook over these tensions, and it is leaving markets highly reactive to even small headline developments.” ‘No escape' “There appears to be little ?to no escape. Traditional safe Show less Read more
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