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Stock impact report

Dollar near 2026 highs as volatile oil fans inflation spike fears [CNBC]

NATL AUSTRALIA BK S/ADR (NABZY) 
NASDAQ:AMEX Investor Relations: nab.com.au/about-us/shareholder-centre
Company Research Source: CNBC
Priscila Zambotto | Moment | Getty Images The dollar gained for a third consecutive session on Thursday, staying ?close to its strongest levels this year as surging crude prices stoked inflation worries, which could potentially force central banks to reassess the need for interest-rate hikes. The rapid increase in ?energy prices poses a threat to global growth, ?with economists warning that prolonged conflicts ?would further amplify the economic impact. Unsurprisingly, the world's biggest energy importers have seen their currencies post the largest losses against the dollar since the start of the war. The euro and the Korean won have lost 2% to 3%, while the Indian rupee and Japanese yen have lost more than 1.5% each. Meanwhile, the ?dollar ?has risen by more than 1.5% against a basket of major currencies and ?is close to its highest level since November, thanks in part to its safe-haven appeal, but also because the United States is a net energy exporter. “Those currencies Show less Read more
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