The dollar index (DXY00) fell 0.17% from a 2-month high after giving back an early advance. The move came as equities rallied sharply and crude oil prices dropped after President Trump said he called off planned strikes against Iran, easing immediate geopolitical risk. The article points to cross-asset risk-on/risk-off flows rather than a change in underlying U.S. fundamentals.
The dollar index (DXY00) fell 0.17% from a 2-month high after giving back an early advance. The move came as equities rallied sharply and crude oil prices dropped after President Trump said he called off planned strikes against Iran, easing immediate geopolitical risk. The article points to cross-asset risk-on/risk-off flows rather than a change in underlying U.S. fundamentals.
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