U.S. Dollar Index Rises Amid Heightened Geopolitical Tensions

Following recent military actions by the U.S. and Israel against Iran, investor sentiment has shifted towards safe-haven assets, leading to increased purchases of the U.S. dollar. According to Ming Pao, this demand has pushed the U.S. Dollar Index back up to the 100.54 level. However, this level is seen as a significant resistance point, and a technical breakthrough is necessary for further upward movement. Without such a breakthrough, the index may experience fluctuations and remain within a range.