🇺🇸 #Dollar rally stalled on Friday
📉 The dollar index fell below 101 on Friday, halting a five-session rise that had pushed the dollar to July’s peaks. Among signs that U.S. and Iranian negotiators may be seeking a step-by-step agreement to reopen the Strait of Hormuz, a modest decline in oil prices provided a bit of relief to investors who are worried about inflation pressures.
📉 The dollar index fell below 101 on Friday, halting a five-session rise that had pushed the dollar to July’s peaks. Among signs that U.S. and Iranian negotiators may be seeking a step-by-step agreement to reopen the Strait of Hormuz, a modest decline in oil prices provided a bit of relief to investors who are worried about inflation pressures.
