Dollar Holds Weekly Gains Amid War Uncertainty

The dollar remains on track for a weekly gain as traders monitor peace negotiations and potential energy disruptions. Markets await key central bank decisions.

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The dollar retreated slightly on Friday but remained on track for a weekly gain as market participants weighed the shifting prospects of a resolution to the conflict between the United States, Israel, and Iran. While optimism for a diplomatic breakthrough has provided temporary relief, persistent fears of long-term energy disruptions continue to support the greenback's safe-haven appeal.

U.S. dollar banknotes are displayed in an illustrative photo captured on March 24, 2026. REUTERS/Dado Ruvic/Illustration
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