Dollar posts monthly surge as war's safe-haven shelter - Reuters

The U.S. dollar is strengthening in Asian markets as investors seek safe-haven assets amid geopolitical tensions. During periods of global uncertainty or conflict, the dollar typically appreciates because it's perceived as the world's most stable and liquid currency, drawing capital away from riskier emerging-market assets. The surge reflects a classic flight-to-safety dynamic, where traders move money into dollar-denominated assets and away from currencies in regions closer to conflict zones. This dollar strength can have spillover effects on emerging economies that carry dollar-denominated debt and rely on currency stability for trade. The movement underscores how geopolitical risk reshapes global capital flows in real time.