The dollar remains stable as investors follow the Middle East conflict ahead of the Federal Reserve (FED) meeting.

Gate News bot reported on Wednesday morning that the US dollar maintained its rise against major currencies, as the conflict between Israel and Iran made investors nervous ahead of the Federal Reserve’s decision on interest rates later in the day, boosted by safe-haven demand.

In the past six days, Israel has launched fierce attacks on Iran, demanding that it stop its nuclear activities and emphasizing that the Islamic Republic of Iran needs a change of government.

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