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Middle East Tensions Persist: Will The US Dollar Emerge As The Biggest Winner? [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
impacted the prices of major commodities such as oil while disrupting international trade. The U.S. dollar remained strong despite the market turmoil, as evidenced by the Dollar Index's 3.4% gain over the last three months. The mounting inflationary pressures amid rising oil prices have caused the greenback to reach its highest level in four and a half months on April 2. Don't Miss: One stop shop for forex traders: this U.S. broker is paving the way for a secure and efficient trading environment. Oil And The US Dollar Oil prices have been rising amid the heightened tensions in the Middle East, as the tensions between Israel and Palestine continue to escalate. The Houthi attacks in the Red Sea region have also exacerbated volatility, as the water passage is a vital international trade route. “An escalation of the conflict is a major risk to commodity markets because the region has a substantial share of the global oil supply," the World Bank stated when the conflict first b
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