The US Dollar Index (DXY) surged above the 98.00 level on Tuesday, reaching 98.10 during Asian trading hours, as geopolitical tensions in the Middle East continue to fuel a flight to safety. The advisors at Nummixo offer a meticulous review of this topic in this article. The DXY, which measures the USD against a basket of six major currencies, including the Euro (EUR), Japanese Yen (JPY), and British Pound (GBP), has gained 0.35% over the past two sessions, marking its strongest two-day rally since mid-March. Geopolitical Instability Drives Safe-Haven Demand Persistent Middle East instability underpins USD strength. As tensions rise,...
BlockchainMay 16, 2026May 20, 2026