US Dollar Strengthens Against G-10 and Asian Currencies After Strikes on Iran’s Nuclear Sites, Gold Prices Decline

The US dollar strengthened against most G-10 and Asian currencies in early trading following US military strikes on Iran's nuclear sites over the weekend. Investors sought safe-haven assets amid rising geopolitical tensions, leading to a firmer dollar as markets prepared for a potential response from Iran. Concurrently, gold prices declined as the dollar's strength increased, reflecting investor caution in the face of escalating risks.