The dollar index held near 98.5 after rising nearly 1% in the prior session, supported by demand for defensive assets as tensions between the US, Israel, and Iran intensified.

Meanwhile, the 10-year US Treasury yield hovered around 4.04%, following a 10-basis-point jump the day before. Higher energy prices linked to Middle East developments fueled fresh inflation concerns, limiting bond gains.

Take a look at today's analysis for more updates!