US Dollar Gains on Iran Peace Hopes and Economic Data

The US dollar rose on Thursday as optimism grew for a peace deal with Iran. Major currencies retreated as markets priced out the war premium following new data.

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The United States dollar strengthened against major currency pairs on Thursday, staging a technical recovery as investors monitored developments regarding a potential peace agreement with Iran.

An illustration of U.S. dollar banknotes from March 24, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
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