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fxJun 9, 2026, 2:26 AM

US Dollar Index declines as Iran, Israel agree to halt strikes

The US Dollar Index (DXY) remained subdued around 100.00 during Asian hours as Iran and Israel agreed to halt strikes, easing geopolitical tensions.

DXY

The US Dollar Index (DXY) fell for a second consecutive day, trading near the 100.00 level during the Asian session. The decline follows an agreement between Iran and Israel to cease hostile actions, which reduced demand for the safe-haven dollar.

The DXY, which tracks the greenback against six major currencies, has been under pressure as easing geopolitical risks prompt investors to seek higher-yielding assets. No further details on the truce terms have been released yet.

Source: FXStreet Forex News