Dollar hits 10-day low as US, Iran reach peace deal - Reuters
Dollar hits 10-day low as US, Iran reach peace deal Reuters
Coverage by Political Leaning
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Notable Quotes
"Lower oil prices and a softer dollar, stemming from reduced geopolitical risk and the anticipated reopening of the Strait of Hormuz, are helping to calm inflation expectations."
— Tim Waterer , Executive
"markets want to believe it."
— Marc Chandler , Executive
"The level of mistrust is so great that I think it's naive to assume it's going to be very smooth."
— Marc Chandler , Executive
"The rate hike probably will not do much for dollar/yen directly since it's already discounted."
— Marc Chandler , Executive
Key People
Former president of the United States known for his aggressive economic policies.
Marc Chandler is the chief market strategist at Bannockburn Global Forex.
Shehbaz Sharif is the Prime Minister of Pakistan.
Tim Waterer is the chief market analyst for KCM Trade.
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<a href="https://news.google.com/rss/articles/CBMirAFBVV95cUxNejMtS3JFZU9GNXp1dF9iVjU3V0hyWDQ1M0Y2NEZlbVFyd3JQXzVCek5kbEdIRHltT1RiX0cza051RzJVUm1neDQ3Q3V6SGJIVE9LVnRNNGFKR1JXTXRjNmMtLTdqNGh1SFhpTzE0ajN5aU9jUG0xUG44dTVEYVdFWFpuQXZpX2NKek5tMGtLZmFVeGItV0xjM3NOc2JCNUZqMURPVDNfMXZRNzBi?oc=5" target="_blank">Dollar hits 10-day low as US, Iran reach peace deal</a> <font color="#6f6f6f">Reuters</font>
The U.S. dollar fell to a 10-day low against major currencies after the U.S. and Iran agreed on a framework to end their conflict and reopen the Strait of Hormuz, leading to a drop in oil prices and increased demand for riskier assets.
Gold prices rose by more than 1% following the U.S. and Iran's agreement to end their conflict and reopen the Strait of Hormuz, easing inflation concerns and reducing expectations for higher interest rates.
The U.S. dollar slid to a 10-day low against major peers after the U.S. and Iran agreed on a framework to end their war and reopen the Strait of Hormuz, leading to a drop in oil prices and increased demand for riskier assets.
The U.S. dollar weakened to a 10-day low against major peers following the announcement of a peace deal between the U.S. and Iran, which also caused oil prices to decline and boosted demand for riskier assets.
The U.S. dollar slid to a 10-day low against major currencies after the U.S. and Iran agreed on a framework to end their war and reopen the Strait of Hormuz, leading to a drop in oil prices and increased demand for riskier assets.
The U.S. dollar weakened to a 10-day low against major peers following the announcement of a peace deal between the U.S. and Iran, which also caused oil prices to decline and boosted demand for riskier assets.
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