The dollar index (DXY00 ) tumbled to a 2.5-month low today and is down by -0.46%. Optimism that a peace deal between the US and Iran is near is weighing on safe-haven demand for the dollar today. Also, today's -6% plunge in crude oil prices eases inflation expectations and could...A one dollar bill floating in water by Wirestock via iStock
Dollar Tumbles on Optimism US-Iran War Nearing an End
Written on 05/06/2026
Rich Asplund

