Dollar Recovers on Conflicting US-Iran Peace Plans

Written on 05/27/2026
Rich Asplund

The dollar index (DXY00 ) on Wednesday rose by +0.03%. The dollar recovered from early losses on Wednesday and posted modest gains on conflicting signals about prospects for a US-Iran deal to end the war and reopen the Strait of Hormuz. Iranian television said it obtained an unofficial draft of...Puzzle of money by TPopova via iStock