Middle Eastern military buildup raises invasion concerns; the US dollar's outlook remains bullish with strong momentum.

ME News, April 2 (UTC+8). As market expectations grow that the United States will launch additional military strikes against Iran, the U.S. dollar index moved higher during the Asian afternoon trading session. Two analysts from the Commonwealth Bank of Australia’s Global Economics and Markets Research Department said the U.S. is doubling the size of its A-10 attack aircraft fleet in the Middle East, and that the increased deployment and movement of military assets and troops has raised the likelihood of a ground invasion. Based on the dollar’s safe-haven status, the analysts continue to remain bullish on its outlook. (Source: ChainCatcher)

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