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Market Impact: 0.35

Dollar Slightly Lower Ahead of Tonight’s Iran Deadline

Currency & FXGeopolitics & WarEnergy Markets & PricesEconomic DataInvestor Sentiment & Positioning

The dollar index is down 0.04% as concerns that the lingering Iran war could trigger a spike in energy prices and derail the economy weigh on the currency. Losses were limited after US February capital goods new orders (nondefense ex-aircraft) provided some support. Monitor energy-price moves and upcoming US economic releases for further FX and risk-asset implications.

Analysis

The dollar index is down 0.04% as concerns that the lingering Iran war could trigger a spike in energy prices and derail the economy weigh on the currency. Losses were limited after US February capital goods new orders (nondefense ex-aircraft) provided some support. Monitor energy-price moves and upcoming US economic releases for further FX and risk-asset implications.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.12