Dollar slips, yen surges as Middle East tensions escalate

Send us Fan MailOil rally persists, as military operations in the Middle East resume. Dollar fails to benefit from risk-off; euro/dollar rises towards 1.1650. Yen gains continue, courtesy of Bessent’s commentary, but move looks stretched. Equities remain in limbo, edging lower; gold bounces off $4,400.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning Receive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlook In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD