The Russian war in Ukraine caused a state of uncertainty, which caused a great wave of flight from risky asset markets to the list of safe havens, which positively reflected on the strength of the US dollar, and gold, which continues to record highs, with the continued demand of investors and financial surpluses as one of the Most important safe havens.

The US dollar is the backbone of the global economy and is the safest currency to hold. Therefore, in times of uncertainty, investors and financial surplus owners prefer to turn to the US green paper as one of the safe haven assets and tools. A strong boost to the dollar from the Federal Reserve

Meanwhile, natural gas prices in Europe hit record highs last week on concerns about what will happen to energy exports from Russia, while the United States, itself a major energy producer, is under fire for rising costs, but to a lesser extent. The US economy also appears healthy, despite the high inflation, as 678,000 jobs were added during the month of February (February), according to recent data from the US Department of Labor.

Investors and Markets A strong dollar can hurt the profits of companies that make money abroad, but the bigger concern is how the dolla`s rise will affect emerging economies, which often have to service their dollar debt. There was already some concern about whether the Russian economic meltdown would also cause investors to abandon riskier markets, such as Brazil, Turkey or Mexico, and a stronger dollar could add to the pressure.