Svmuu News: As the conflict in Iran continues to escalate, driving up energy prices and heightening inflation concerns, the dollar is poised for its strongest two-day rally in nearly a year.On Tuesday, the Bloomberg Dollar Spot Index rose 0.8%, pushing U.S. Treasury yields to a three-week high and causing Federal Reserve to sharply lower its forecast for interest rate cuts this year to just 37 basis points—down from 60 basis points last Friday.Crude oil prices broke above $85 per barrel for the first time since July 2024, while European natural gas prices surged more than 40%, hitting their highest level since 2023.As spot investors sold euro and pound long positions, dollar options and risk reversals turned sharply bullish, reaching their largest shift since June. Most G10 currencies fell by 1% or more.