Dollar Falls as U.S., Iran Pause Fighting -- Market Talk
Dow Jones2026/07/27 06:350635 GMT - The dollar falls as oil prices decline and demand for safe havens wane following a pause in strikes between the U.S. and Iran over the weekend. President Trump has put off a major escalation in military action against Iran as he attempts to revive diplomacy, The Wall Street Journal reports, citing U.S. officials. The drop in oil prices prompts markets to slightly trim expectations for U.S. interest-rate rises ahead of the Federal Reserve's policy decision on Wednesday. The DXY dollar index falls 0.3% to 101.155. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
July 27, 2026 02:35 ET (06:35 GMT)
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