The U.S. dollar stayed firm against most major currencies on Tuesday and the dollar index rose to a four-week high, on safe haven appeal, as traders continued to weigh the ongoing trade war and its impact on the global economy.
Lingering uncertainty about Brexit, tensions in the Middle East and a downward revision in global growth forecast by The Organization for Economic Co-operation and Development (OECD) also supported the dollar.
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Forex News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.