US Dollar Slides to 98.50 Amid Fed Uncertainty

US dollar index fell 0.1% to 98.50 on 27‑Apr‑2026 as markets awaited multiple central‑bank meetings.
Fed is expected to keep rates unchanged; meeting may be Jerome Powell’s last as Senate likely to confirm Kevin Warsh after DOJ probe ends.
US‑Iran peace talks stalled; Trump cancelled envoy trip, Iran offered to reopen Strait of Hormuz without nuclear concessions.
Analysts say central banks (BoJ, ECB, BoC, BoE, RBA) are unlikely to change policy this week despite oil‑price shock.