The dollar index fell 0.15% to a 7-week low as hopes grew that the war in Iran may be nearing an end, reducing safe-haven demand for the dollar. A stock-market rally also cut liquidity demand, adding pressure to the greenback. The move is notable for FX and risk sentiment but does not appear to signal a broader macro shock.
The dollar index fell 0.15% to a 7-week low as hopes grew that the war in Iran may be nearing an end, reducing safe-haven demand for the dollar. A stock-market rally also cut liquidity demand, adding pressure to the greenback. The move is notable for FX and risk sentiment but does not appear to signal a broader macro shock.
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neutral
Sentiment Score
0.10
