jordan pulse -

The US dollar gained ground against major currencies in late Sunday trading as investors sought the American currency as a safe haven. This shift follows the conclusion of lengthy negotiations between Washington and Tehran without an agreement, plunging global markets into a seventh consecutive week of uncertainty.
​As Asian markets opened, the Euro declined by 0.53% to $1.1663. Meanwhile, the US dollar rose 0.1% against the Japanese Yen, reaching 159.43 yen. The dollar’s status as a refuge is bolstered by the United States' relative insulation from global energy price inflation.
​While the two-week ceasefire announced on April 7 initially sparked optimism—leading to lower oil prices and increased investment in high-risk assets like stocks—the fragility of the truce has since triggered a reversal. Market participants are once again pulling back from riskier positions as the diplomatic outlook remains unclear.