The DXY rose 0.5% to 98 on Monday, the highest in 5 weeks, as investors moved to safe-haven assets after US and Israel strike on Iran over the weekend resulted in the death of Iran’s Supreme Leader, Ayatollah Ali Khamenei. The conflict has significantly disrupted maritime traffic in the oil-rich Gulf. Iran also launched attacks on US assets across neighboring states, including the United Arab Emirates, Bahrain, Kuwait, Qatar, Saudi Arabia, Jordan, Iraq and Syria.