U.S. Dollar Falls Amid Optimism Over Potential Iran Ceasefire Deal
The U.S. dollar fell on Monday as traders grew optimistic about a potential ceasefire deal in the Iran war, despite renewed tensions between the U.S. and Iran. The dollar index dropped 0.33% to 98.13, with the euro and British pound rising slightly. Analysts noted a shift from initial panic to renewed hope for a resolution.
Topics: currency exchange Iran peace talks market reaction Strait of Hormuz U.S. dollar