US dollar index rose 0.24% to 98.39, outpacing flat euro and pound, after Trump extended US‑Iran ceasefire.
Trump announced extension until Iran presents a unified proposal, citing fractured Iranian government and requests from Pakistan’s leaders.
Senate hearing for Fed chair nominee Kevin Warsh highlighted Trump’s demand for immediate rate cuts, despite Warsh being seen as less dovish.
Lawmakers may block Warsh confirmation until Trump drops a criminal probe into incumbent Fed Chair Jerome Powell.