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Market Impact: 0.25

Dollar Edges Lower Ahead of Tuesday Night's Iran Deadline

Currency & FXGeopolitics & WarEnergy Markets & PricesEconomic DataInvestor Sentiment & PositioningMarket Technicals & Flows

The dollar index (DXY) fell 0.11% on Tuesday as concerns that the lingering Iran war could trigger a spike in energy prices and derail the economy weighed on the currency. Losses were capped after the release of US February capital goods new orders (nondefense), which provided some underpinning to the dollar.

Analysis

The dollar index (DXY) fell 0.11% on Tuesday as concerns that the lingering Iran war could trigger a spike in energy prices and derail the economy weighed on the currency. Losses were capped after the release of US February capital goods new orders (nondefense), which provided some underpinning to the dollar.

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Market Sentiment

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mildly negative

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