Dollar Weakness Continues Amid Diplomatic Talks Between U.S. and Iran
The U.S. dollar experienced losses against major currencies as diplomatic talks between the U.S. and Iran continued, with a ceasefire set to expire on April 22. Recent inflation data aligned with expectations, slightly easing concerns about aggressive Federal Reserve rate hikes. Market participants remain cautious about potential extensions of the ceasefire and the impact on global oil prices.
Topics: ceasefire currency exchange dollar Fed policy inflation oil prices