US dollar index slipped 0.3% to 99.06 as yields stabilized and risk sentiment improved on Nvidia earnings optimism and Iran peace hopes.
Nvidia shares rose about 1% ahead of its quarterly earnings, lifting other chip stocks and contributing to the risk‑on market tone.
President Donald Trump said the US is in “final stages” of Iran negotiations, prompting oil prices to drop 6%‑5% and boosting optimism.
Fed minutes showed most participants favoring further hikes if inflation stays above 2%, while markets expect rates steady now, hikes later.