The Economic Radar highlights key movements in global markets. The US dollar hit a new annual low, while the euro surged due to European funds buying the currency. Gold gained momentum as a safe-haven asset amid tensions in Iran. The WSJ Dollar Index fell by 0.66%, reaching its lowest level since July 2023. European pension funds are aggressively purchasing euros, signaling a structural shift in currency risk management. Meanwhile, oil prices corrected slightly but remain supported by strong fundamentals, including OPEC+ production cuts.
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