Dollar Advances on Reports the US to Deploy Troops to the Middle East

Written on 03/24/2026
Rich Asplund

The dollar index (DXY00 ) on Tuesday rose by +0.42%. The dollar moved higher on Tuesday as the ongoing war with Iran drags on, boosting safe-haven demand for the dollar. Also, Tuesday's +4% jump in crude oil prices may stoke inflation and prompt the Fed to tighten monetary policy, a...Holding money bunched in fist by Iana Miroshnichenko via iStock