REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Oct 16 (Reuters) - The dollar held near a one-week high on Monday with fragile sentiment against a backdrop of conflict in the Middle East supporting demand for the safe-haven currency.
"The conflict between Israel and Hamas continues and is providing volatility to the financial markets with the traditional safe-haven flows.
There was some respite for the euro and sterling, which were off one-week lows touched on Friday against the dollar.
YEN WATCHINGThe yen was flat at 149.54 per dollar, close to the sensitive 150-level.
The yen is still perceived as a safe asset along with the Swiss franc and U.S. dollar, Kanda added.
Persons:
Dado Ruvic, Jerome Powell, Jens Peter Sørensen, Benjamin Netanyahu, Poland's zloty, Lukazs Janczak, Christopher Luxon, Masato Kanda, Kanda, James Malcolm, Joice Alves, Rae Wee, Vidya Ranganathan, Kirsten Donovan, Emelia
Organizations:
REUTERS, Federal, Hamas, Danske Bank, country's, Sterling, Erste Group, National Party, ACT, New Zealand, Swiss, ., UBS, Thomson
Locations:
Gaza, Israel, Israeli, Poland, New, London