U.S. Dollar Index & Masoud Pezeshkian

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.

Masoud Pezeshkian: Masoud Pezeshkian, the President of Iran, has confirmed the interim agreement and emphasized its importance in stopping the fighting, while also stressing that a final deal for a lasting truce is still pending. He has highlighted Iran's economic strains and the need for an end to the 'no war, no peace' situation.

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.

Masoud Pezeshkian: Masoud Pezeshkian, Iranian President, engaged in discussions with Japan's Prime Minister Sanae Takaichi to facilitate oil transit through the Strait of Hormuz.