The dollar dropped more than 1% and wiped out its gains for the year after the US and Iran agreed to a two-week ceasefire. Reduced geopolitical risk triggered a risk-on rally, boosting demand for riskier assets and pressuring safe-haven FX.
The dollar dropped more than 1% and wiped out its gains for the year after the US and Iran agreed to a two-week ceasefire. Reduced geopolitical risk triggered a risk-on rally, boosting demand for riskier assets and pressuring safe-haven FX.
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mildly positive
Sentiment Score
0.30