The US dollar is set for its largest monthly gain in a year, rising 2.5% in June due to safe-haven demand amid US-Iran tensions and Federal Reserve rate hike expectations.

Global

Who

Federal Reserve

What

When

Mon, 29 Jun 2026 00:00:00 GMT · 6h 33m ago

Where

Global ·

Why

Safe-haven demand amid US-Iran tensions and Federal Reserve rate hike expectations.

The Frontline Impact

How this affects you

The US dollar is experiencing its largest monthly gain in a year. Other major currencies like the euro, sterling, and Australian dollar are declining as market uncertainties increase.

Story chain

1 event in this thread

No related history yet - this is the origin event.

Verified Sources & Citations

Livemint
https://www.livemint.com/market/stock-market-news/us-dollar-set-to-log-highest-monthly-gain-in-one-year-us-iran-war-job-data-in-focus-11782702667837.html
HIGH

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