Dollar slips as U.S. and Iran maintain fragile ceasefire
The dollar fell 0.14% as investors monitored U.S.-Iran tensions and awaited jobs data. Japan warned of intervention to support the yen as it held at 156.85.
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The United States dollar index fell 0.14% to 98.195 after renewed clashes between U.S. and Iran forces, though markets remained focused on a fragile ceasefire established April 7. The two sides have occasionally exchanged fire since then, with Iran hitting targets in Gulf countries including the United Arab Emirates. Investors are weighing geopolitical risk against upcoming non-farm payrolls data and potential China pressure for a Gulf resolution before the May 14–15 summit.
