Geopolitical situation boosts "dollar shortage" logic, and the US dollar index rises by 0.50%.

On Thursday, the New York closing, the ICE dollar index rose by 0.50% to 99.27 points. The escalation of Middle East geopolitical conflicts has led the market to once again seek liquidity and safe-haven assets, with the dollar rising across the board and strengthening against almost all major and emerging market currencies. The strong rebound in US bond yields has further widened the gap between the dollar index and forward rate agreements, suggesting that there may still be room for the dollar to continue rising.