Dollar index rose 0.2% to 98.64 as U.S.-Iran deadlock heightened safe‑haven demand and oil prices surged.
President Trump criticised Iran’s proposal, calling it a “state of collapse,” and halted U.S. negotiators in Pakistan.
The Strait of Hormuz remains largely closed, pushing Brent crude above pre‑war levels and stoking inflation concerns.
BoJ kept rates at 0.75% but three board members urged a hike to 1%, signalling possible future tightening.