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Iran Ceasefire Doubts Boost the Dollar

Currency & FXGeopolitics & WarEconomic DataInvestor Sentiment & PositioningMarket Technicals & Flows

The dollar index (DXY) rose +0.19% as doubts a ceasefire in Iran will materialize boosted safe-haven demand and pressured equities. US weekly continuing unemployment claims fell to a 1.75-year low, a piece of economic data that likely reinforced dollar strength.

Analysis

The dollar index (DXY) rose +0.19% as doubts a ceasefire in Iran will materialize boosted safe-haven demand and pressured equities. US weekly continuing unemployment claims fell to a 1.75-year low, a piece of economic data that likely reinforced dollar strength.

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