Israeli air strikes trigger a rush to safe-haven assets in the market, with the US dollar rebounding strongly. Crude oil and gold prices surge.

According to the Wise Financial APP, on Friday, driven by safe-haven buying, the US dollar saw a strong rebound, after hovering near a three-year low the previous day. The market experienced severe turbulence yesterday after Israel's air strike on Iran, escalating geopolitical tensions prompting investors to quickly flock to safe-haven assets including the US dollar.