The dollar index (DXY00 ) fell to a 2.5-month low on Wednesday and finished down by -0.45%. Optimism that a peace deal between the US and Iran is imminent weighed on safe-haven demand for the dollar on Wednesday. Also, Wednesday's -7% plunge in crude oil prices eases inflation expectations and...A hundred dollar bill being torn by Alona Siniehina via iStock
Hopes for an Imminent End to the US-Iran War Weigh on the Dollar
Written on 05/06/2026