Market News
Dollar jumps as Israel strikes on Iran rekindle safe-haven appeal - REUTERS
By Johann M Cherian and Amanda Cooper
Summary
- Dollar index bounces from March 2022 lows
- Euro breaks four-day rally
- US Treasuries, gold also gain on Middle East tensions
LONDON, June 13 (Reuters) - The dollar headed for its biggest one-day rise in a month on Friday, as investors rushed back into the currency in their search for safe-haven assets, including gold, after Israel launched strikes against Iran, sparking Iranian retaliation.
Israel said it targeted a wide range of military targets in Iran, in response to which Iran launched a barrage of drones.
U.S. and Iranian officials were due to hold a sixth round of talks in Oman on Sunday on Tehran's uranium enrichment programme. Israel's ambassador to the United Nations said the government's determination
