Market News

    Dollar slips amid de-escalation hopes as Trump says Iran asked for ceasefire

    The U.S. dollar weakened on Wednesday, slipping to a one-week low, as hopes for a potential end to the Middle East conflict sapped the currency’s recent safe haven appeal.

    At 17:10 ET (21:10 GMT), the US Dollar Index, which tracks the greenback against a basket of six major peers, was down 0.4% to 99.65.

    Source : Investing.com