The US Dollar Index holds around 98.00 after retreating 0.5% Wednesday on easing geopolitical risks.
The US Dollar Index (DXY) traded near 98.00 in Asian hours Thursday, stabilizing after a 0.5% decline the prior session. The move followed reduced safe-haven demand as US-Iran tensions eased, lifting risk sentiment.
The index, which tracks the USD against six major currencies, had climbed earlier in the week amid heightened geopolitical uncertainty. Thursday’s consolidation reflects a pullback from those gains as markets reassess risk.
No immediate market reaction was reported, with traders awaiting further developments on trade and monetary policy.