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US Market News Digest for March 5,2026
US dollar strengthens amid global flight
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US dollar strengthens amid global flight to safety and worsening geopolitical situation At the start of March 2026, the dollar led a broad flight to safety: escalation of the Middle East conflict (strikes, the death of Iran's leader, retaliatory attacks on US bases, and an effective closure of the Strait of Hormuz) and a revision of expectations for Fed policy boosted demand for the haven currency. The US dollar index jumped nearly 1.5% over two days to 99.65 and consolidated early
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