The dollar index (DXY00 ) today is down by -0.14% but remains above Wednesday's 2.5-month low. Optimism that a peace deal between the US and Iran is imminent is curbing safe-haven demand for the dollar today. Also, today's -4% decline in crude oil prices eases inflation expectations and could prompt...Dollar bills in an organized pile by TheDigitalArtist via Pixabay
Dollar Slips with Crude Oil on US-Iran Peace Hopes
Written on 05/07/2026