President Donald Trump indicated that military operations against Iran could intensify in the coming weeks, lowering confidence in a near-term settlement and reinforcing demand for defensive assets.

Trump also stated that, despite possessing the world’s most powerful military, the United States has not yet fully targeted remaining assets in Iran, signaling the possibility of further escalation.

The dollar index held near the 100 level as attention shifted to the March employment report, a key indicator for assessing economic momentum and the Federal Reserve’s policy path.

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