The US Dollar Index declines after geopolitical risks subside, reversing earlier gains in Asian trading.
The US Dollar Index (DXY) retreated toward 98.00 on Tuesday, paring gains after US-Iran tensions showed signs of de-escalation. The index, which tracks the USD against six major currencies, had traded near 98.20 during Asian hours before slipping lower.
The move follows a modest rebound in the previous session, as investors weighed geopolitical developments against broader market sentiment. The DXY had faced pressure earlier amid shifting risk appetite but found support near 98.00.
No immediate market reaction was reported, with focus remaining on macroeconomic data and policy cues.