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US Dollar Rises Near 3.04 Shekels Amid Middle East Tensions, Stable Globally

How 2 Israeli newsrooms covered this story — translated into English and compared side by side.

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First reported by Calcalist · 1 day ago

What happened

The US dollar rose to nearly 3.04 shekels amid escalating Middle East tensions, while remaining stable globally despite weaker US inflation data. The conflict between Iran and the US intensified, increasing demand for safe-haven assets. Economists expect the Federal Reserve to hold interest rates steady this month amid mixed economic signals.

01US dollar rises to 3.038 shekels amid Middle East conflict escalation.
02Global dollar stable but set for weekly decline after weak US inflation data.
03Iran-US tensions break ceasefire, boosting safe-haven demand and oil prices.
04US military conducts fifth consecutive night of strikes; Israel warns Iran against escalation.
05Euro and British pound gain on easing fiscal concerns; yen near 40-year low.
06Fed likely to keep rates steady in July, with reduced odds of hikes this year.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

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Philip Jefferson