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