U.S. dollar index slipped 0.1% to 99.88 as traders awaited Trump’s deadline for Iran to reopen the Strait of Hormuz.
Trump warned Iran that a “whole civilization will die” if it does not halt hostilities, threatening strikes on bridges and power plants.
Euro rose 0.2% to $1.1563 and pound up 0.1% to $1.3257, while elevated energy prices support dollar demand.
Pakistani mediation is at a “critical, sensitive stage” per Iran’s ambassador Reza Amiri Moghadam amid ongoing Iran‑Israel attacks.