Dollar declines amid stable U.S. labor market and renewed US-Iran tensions

The dollar fell for two consecutive sessions as renewed hostilities between the U.S. and Iran flared, while a steady labor market kept focus on inflation concerns. Oil prices dropped due to fears of higher inflation impacting global growth.

By By Chuck Mikolajczak Thu, July 9, 2026 at 10:25 PM GMT+3 3 min read · Yahoo Finance ·

Dollar declines amid stable U.S. labor market and renewed US-Iran tensions

Topics: dollar movement Fed policy inflation concerns U.S.-Iran tensions

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