United Arab Emirates & U.S. Dollar Index

United Arab Emirates: The United Arab Emirates has been affected by Iran's strikes and is working to mitigate economic damage, with United Arab Emirates — Dubai pledging support to businesses. Its forces have also used Apache helicopters to shoot down Iranian drones.

U.S. Dollar Index: The U.S. Dollar Index has slid due to the prospect of a deal to end the Iran war, although its dominance in global oil trade is being tested.

United Arab Emirates: The United Arab Emirates is a major Gulf producer whose oil exports transit through the Strait of Hormuz. The reopening of the strait is crucial for its energy exports and global market stability.

U.S. Dollar Index: The U.S. Dollar Index posted a weaker performance against major counterparts as traders weighed shifting monetary policy signals and the implications of the US-Iran peace deal.