U.S. dollar index fell 0.3% to 99.06 as yields steadied and risk sentiment rose on Nvidia’s earnings rally and Iran peace hopes.
Nvidia shares gained about 1%, lifting other chip stocks, ahead of its highly‑anticipated quarterly earnings report.
President Donald Trump said the U.S. is in “final stages” of Iran negotiations, prompting optimism and a sharp drop in oil prices.
Fed minutes showed most officials see further rate hikes likely if inflation stays above 2%, while markets expect rates steady this year.