Dollar Retreats on Iran Optimism

Written on 05/20/2026
Rich Asplund

The dollar index (DXY00 ) fell from a 6-week high on Wednesday and finished down by -0.24%. The dollar gave up an early advance on Wednesday and moved lower after comments from President Trump that the US was in the “final stages” with Iran, which knocked crude oil prices down...Puzzle made of money by Qimono via Pixabay