USD Index Slips Below 101 as Iran Tensions Ease, Risk Sentiment Lifts

The US Dollar weakens against major peers as geopolitical risks recede and equities rally, overshadowing hawkish Fed remarks. The US Dollar Index fell to 100.75 early Friday, extending losses as markets digested easing US-Iran tensions and a risk-on mood. Wall Street’s gai

The US Dollar weakens against major peers as geopolitical risks recede and equities rally, overshadowing hawkish Fed remarks.

The US Dollar Index fell to 100.75 early Friday, extending losses as markets digested easing US-Iran tensions and a risk-on mood. Wall Street’s gains on Thursday pressured the safe-haven USD, despite thin economic data.

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