US Dollar Index Struggles Near 100.80 Despite Iran Tensions, Fed Hike Bets

The US Dollar Index (DXY) is trading near 100.80-100.75 on Monday, remaining largely unchanged despite a modest uptick during the Asian session. The greenback is struggling to attract buyers even as geopolitical tensions surrounding Iran and expectations of a Federal Reserve rate hike persist.

Market participants appear to be weighing these factors against broader risk sentiment, keeping the index in a narrow range.