Dollar set for best month in nearly a year as bulls grow confident

LONDON, June 29 (Reuters) - The dollar was headed for its biggest monthly gain in nearly a year on Monday, supported by the growing chances of rate rises and optimism about the U.S. economy, as investors watched developments in ‌the Gulf ahead of a key jobs report later this week.

The U.S. and Iran traded fresh attacks over the weekend ‌before they agreed to stop and meet in Qatar on Tuesday, leaving investors nervous about the declared ceasefire and nudging oil prices higher.

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How are other major currencies performing against the dollar?

How are geopolitical tensions affecting currency and oil markets?

The euro edged up 0.2% to $1.1399 after ​reaching a 13-month low against the dollar last week; it was on track for a 2.4% monthly decline.

The dollar index, which tracks the performance of the U.S. currency against six others, was steady at 101.34, near last week's 13-month high. The dollar itself has risen against every major currency this month, performing the strongest against Scandinavian and Antipodean currencies, which have lost between 4.7% and 7%.

Fuente original: Yahoo Finance (https://finance.yahoo.com/news/dollar-poised-best-month-nearly-015012839.html)