Yonhap Infomax NewsThe U.S. dollar strengthened as US-Iran peace negotiations stalled, with the Dollar Index breaking through 98 amid rising energy prices and geopolitical uncertainty over the Strait of Hormuz reopening, while major currencies including the euro and pound weakened against the greenback.
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Dollar Strengthens as US-Iran Peace Deal Remains Elusive, DXY Breaks Through 98
The U.S. dollar strengthened as US-Iran peace negotiations stalled, with the Dollar Index breaking through 98 amid rising energy prices and geopolitical uncertainty over the Strait of Hormuz reopening, while major currencies including the euro and pound weakened against the greenback.