US Dollar Falls 1.2% After US-Iran Ceasefire

The U.S. dollar index dropped 1.2% to 98.71 following a two‑week ceasefire deal between the United States and Iran.
The euro rose 1.0% to $1.1707 and the British pound gained 1.4% to $1.3470 against the dollar.
Analysts expect short‑term equity rally, bullish yield‑curve steepening and broader currency recovery as investors hope the ceasefire leads to lasting peace.
Trump warned of 50% tariffs on any nation supplying weapons to Iran and discussed tariff and sanctions relief in the ceasefire talks.