The US dollar continued its upward trajectory on Friday, strengthening against both the Japanese yen and the euro.
The greenback extended gains recorded in the previous session, driven by intensifying skepticism regarding the prospect of a peace agreement with Iran.
As diplomatic channels appear to stall, investors are increasingly turning to the dollar as a safe-haven asset amid the growing uncertainty in the Middle East.
This latest move builds on a broader trend of dollar strength observed earlier in the week.
The currency had already climbed to its highest level in a week on Tuesday, as traders navigated a complex mix of geopolitical risk and shifting monetary policy expectations.
The renewed hostilities in the region have intensified fears of supply chain disruptions and higher energy costs, further supporting the dollar's ascent against a broad basket of peers.