Wednesday 25/March/2026 – 08:34 PM
The US dollar continued to rise against… Major currencies Today, Wednesday, March 25, 2026, traders focused on global inflation trends with growing doubts about the possibilities of reaching a near calm in the ongoing war in Iran.
Despite circulating news about Washington presenting a 15-point plan to Tehran, the continued exchange of air strikes between Iran and Israel and Tehran’s denial of direct negotiations kept investors in a state of anticipation and anxiety, which pushed the dollar index to rise by 0.23% to reach the level of 99.41 points, according to Reuters.
Pressure on Asian and Australian currencies and interest expectations
The euro recorded a decline of 0.19%, reaching $1.1585, and the pound sterling also fell by the same rate, settling at $1.3387, affected by the stability of British consumer price inflation at 3% in February, amid strong expectations that it will rise again as a result of the increase in energy prices. Currency experts at Scotiabank believe that the current strength of the dollar reflects the exchange market adopting a cautious point of view that differs from the stock and bond markets, stressing that any real breakthrough in the crisis will lead to a correction of the “risk premium” that the green currently enjoys.
The dollar rose against the Japanese yen by 0.23%, reaching 159.05 yen, coinciding with the minutes of the Bank of Japan meeting showing the necessity of continuing to raise interest rates without specifying a clear time frame. In a related context, the Australian dollar fell by 0.39% to reach $0.6966 after inflation data was lower than expectations before the outbreak of war, while markets began to review their expectations for the policy of the US Federal Reserve, with increasing possibilities of a trend towards tightening monetary policy to confront inflationary pressures resulting from the conflict.
