The dollar index fell 0.14% to a 2-week low as improving prospects for a US-Iran peace deal lifted stocks and reduced safe-haven demand for cash. A 1% drop in WTI crude to a 5-week low also eased inflation pressure. The move is supportive for risk assets and modestly negative for the dollar.
The dollar index fell 0.14% to a 2-week low as improving prospects for a US-Iran peace deal lifted stocks and reduced safe-haven demand for cash. A 1% drop in WTI crude to a 5-week low also eased inflation pressure. The move is supportive for risk assets and modestly negative for the dollar.
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neutral
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