Dollar Index Slips Near 99.00

Dollar Index weakens on US-Iran peace deal hopes The US Dollar Index, which measures the value of the US Dollar (USD) against a basket of six world currencies, has weakened to near 99.00. The index currently trades near 99.05 during Asian trading hours on Monday.

Dollar Index weakens on US-Iran peace deal hopes

The US Dollar Index, which measures the value of the US Dollar (USD) against a basket of six world currencies, has weakened to near 99.00.

The index currently trades near 99.05 during Asian trading hours on Monday.

The prospect of a deal to end the Iran war has buoyed risk, causing the DXY to lose momentum.

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