Dollar Near Six‑Week Low on Iran Cease‑Fire Hopes

US Dollar Index fell to 98.06, a six‑week low, as investors shift from safe‑haven dollars amid Iran cease‑fire hopes.
President Donald Trump and White House press secretary Karoline Leavitt signaled a possible permanent cease‑fire before King Charles’ visit, dampening risk premium.
Analysts say peace could drop oil below $100, easing inflation and letting the BoE and ECB adopt less hawkish stances.
Japanese yen weakened to $158.96 despite Finance Minister Satsuki Katayama’s pledge of “bold” action, while euro and sterling remained near flat.