US Dollar Holds Near 18-Month High

The US dollar remained near an 18-month high during Asian trading as rising geopolitical risks and energy infrastructure attacks boosted demand for defensive currency exposure. Meanwhile, major peers stayed mostly flat against the greenback amid regional economic updates.

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U.S. dollar banknotes are seen in this illustration taken March 24, 2026. REUTERS/Dado Ruvic/Illustration

The United States dollar held near an 18-month high during Tuesday morning trading, driven by rising geopolitical risks across Ukraine and the Middle East. The greenback's resilience reflects strong domestic fundamentals and safe-haven demand.

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