U.S. Dollar Index & Wang Yi

U.S. Dollar Index: The U.S. Dollar Index steadied and was near its highest level in six weeks, indicating market reactions to the geopolitical tensions and the uncertainty surrounding peace talks.

Wang Yi: Wang Yi, China's Foreign Minister, called for a comprehensive ceasefire in the Iran war and is actively promoting peace talks between the United States and Iran.

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.

Wang Yi: Wang Yi, China's Foreign Minister, has actively supported the peace process between the US and Iran, urging for the swift reopening of the Strait of Hormuz and the restoration of normal navigation to ensure global trade stability.

U.S. Dollar Index: The U.S. dollar rose against the Japan — Japanese yen, indicating its role as a safe-haven currency amidst geopolitical tensions.

Wang Yi: Wang Yi, China's Foreign Minister, called for a comprehensive ceasefire in the Iran war and is actively promoting peace talks between the United States and Iran.

U.S. Dollar Index: The dollar index was flat at 101.21, reflecting mixed currency moves.

Wang Yi: Wang Yi co-chaired a meeting with Pakistan calling for an end to hostilities. China supports mediation efforts.