ING: The US dollar strengthens again due to concerns over Middle East conflict

CycleProphet · 2026-03-30T09:54:19+00:00

Deep Tide TechFlow News, March 30 — According to Jintou Data, influenced by market concerns over the escalation of conflicts in the Middle East, the US dollar has strengthened again. Although Japanese officials issued warnings about intervening in the yen, causing the yen to temporarily strengthen, the dollar's decline was limited and short-lived. Chris Turner from ING Group stated, "Unless Iran releases clear signals of de-escalation, it will be difficult to see the dollar give back its gains for this month in the short term."

CycleProphet

2026-03-30 09:54:19

Deep Tide TechFlow message, March 30, according to Jintou data, driven by concerns in the market over an escalation of the conflict in the Middle East, the U.S. dollar strengthened again. Even though warnings from Japanese officials about intervening in the yen caused the yen to strengthen temporarily, the dollar’s decline was limited and lasted only a short time. Chris Turner of ING said, “Unless Iran releases clear de-escalation signals, it will be difficult to see the dollar give back this month’s gains in the short term.”

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