Dollar stands tall as markets turn cautious on Middle East war

HONG KONG, March 24 (Reuters) – The dollar firmed slightly on Tuesday as investor sentiment turned cautious, with the war in the Middle East raging on and markets sceptical of a swift resolution even though U.S. President Donald Trump delayed the bombing of Iran’s power grid. Trump wrote on his Truth Social platform that the U.S. and Iran had held “very good and productive” conversations about a “complete and total resolution of hostilities in the Middle East”. Iran denied it had engaged in any direct negotiations. The contrasting comments and a fresh wave of fighting left markets in flux as…