Svmuu News: The U.S. dollar strengthened again as market concerns over escalating conflict in the Middle East pushed up oil prices and dampened risk appetite. Earlier, the dollar had retreated slightly as the yen strengthened following stronger warnings from Japanese officials about possible intervention to prop up the currency. However, the dollar’s decline was limited and short-lived, as its safe-haven status and the U.S.’s position as a net oil exporter provided support. Chris Turner of ING Group stated in a report: “Unless Iran sends clear signals of de-escalation, it is difficult to see the dollar giving back this month’s gains in the near term.” (Jin Shi)