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fxJun 29, 2026, 7:38 AM

US Dollar Index Extends Decline Amid US-Iran Tensions

The US Dollar Index (DXY) fell for a third straight day, trading near 101.20 during European hours, as news of halted US-Iran attacks weighed on the greenback.

DXY

The US Dollar Index (DXY) continues its losing streak, declining for the third consecutive session. During European trading hours, the index was hovering around 101.20, reflecting persistent bearish pressure.

The drop comes amid reports that US-Iran attacks have halted, reducing safe-haven demand for the dollar. The absence of further escalation in the Middle East may have prompted profit-taking on the greenback's earlier gains.

Source: FXStreet Forex News