Dollar Drops on Middle East Peace Optimism

Written on 04/17/2026
Rich Asplund

The dollar index (DXY00 ) on Friday fell to a 7-week low and finished down by -0.15%. The dollar came under pressure Friday in hopes that an end to the war in Iran is near, curbing safe-haven demand for the dollar. Also, Friday's rally in stocks has reduced liquidity demand...A one dollar bill floating in water by Wirestock via iStock