US Dollar Index Falls to Three-Week Low on US-Iran De-escalation Hopes

The US Dollar (USD) extended its losing streak for a third consecutive trading day on Friday, falling to a three-week low. The decline came amid increasing indications that tensions between the United States and Iran are de-escalating, reducing demand for the greenback as a safe-haven asset.

The dollar index, which measures the USD against a basket of major currencies, slid as market participants shifted focus to riskier assets. No specific numbers were provided in the source.

Further moves will depend on upcoming geopolitical developments and central bank signals.