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Dollar Firm Amid Geopolitical Tensions in Middle East

The dollar held its sharpest gain in a week on Wednesday, amid concerns over the situation in the Middle East.

The US dollar index rose about 0.5% overnight to 101.2, its largest rise since Sept. 25.

Early Asia moves were slight, leaving the euro below $1.10.

The yen was broadly steady at 143.45 per dollar and the Swiss franc at 0.8463 per dollar.

The New Zealand dollar was nursing a 1.1% overnight fall at $0.6283.

The Australian dollar was down to $0.6883.

Sterling fell 0.7% overnight and was steady at $1.3278 in early Asia trade.

Source: Qatar News Agency