The US Dollar Index slipped 0.2% to 99.86 as Trump’s deadline for Iran to reopen the Strait of Hormuz loomed.
Pakistan’s Prime Minister Shehbaz Sharif asked Trump to extend the deadline by two weeks and called for a regional cease‑fire.
Analyst Thierry Wizman warned of speculative attacks on oil‑importing emerging‑market currencies if US strikes Iranian energy assets, especially if Brent hits $150/bbl.
Weaker dollar lifted euro to 1.1600, pound to 1.3292, and yen rose for a second session.