Dollar Falls After Trump Cancels Planned Strike on Iran

The U.S. dollar weakened following reports that President Donald Trump canceled a planned military strike against Iran after Gulf allies requested more time for diplomatic efforts, reducing geopolitical tensions and safe-haven demand for the currency.

By Rich Asplund Mon, May 18, 2026 at 10:42 PM GMT+3 4 min read · Yahoo Finance ·

Dollar Falls After Trump Cancels Planned Strike on Iran

Topics: dollar index geopolitical tensions Iran-US relations USD

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