Fed Holds Rates, Dollar Gains 0.3%

Fed kept policy rate at 3.50%-3.75% unchanged, with four FOMC dissents—the most since 1992.
U.S. dollar index rose 0.3% to 98.90, supported by safe‑haven demand amid escalating US‑Iran tensions and oil price surge.
Euro fell 0.4% to $1.1669 and sterling slipped 0.4% to $1.3467 as European inflation rose on higher oil prices.
Trump signaled a prolonged blockade of Iran’s oil exports, demanding a 20‑year uranium enrichment suspension, heightening geopolitical risk.