U.S. Dollar Slides 0.2% on Nvidia, Iran

The U.S. dollar index fell 0.2% to 99.16 as risk sentiment improved on Nvidia’s 2% stock rise and Iran peace optimism.
Oil prices dropped sharply, with Brent crude down 6.64%, following the Bloomberg report of President Trump’s “final stages” Iran negotiations.
Sterling rose 0.4% to $1.3444 after UK CPI slowed to 2.8% YoY in April, while yen edged lower to 158.85 per dollar.
Markets await Fed’s April minutes, with CME FedWatch showing steady rates this year but higher hike odds from July to December.