0746 GMT - The dollar falls slightly as tentative hopes for a resolution to the Iran war sends oil prices lower and reduces demand for safe-haven assets. The U.S. has sent Iran a 15-point plan to end the war, The Wall Street Journal reports, citing officials. President Trump on Tuesday also said he was more confident of Iran's willingness to reach an agreement. However, Iran has indicated it has a high bar for re-entering ceasefire negotiations. Lower oil prices resulting from the latest developments are negative for the dollar as the U.S. is a net oil exporter. It also reduces the prospect of the Federal Reserve pivoting towards rate rises. The DXY dollar index drops 0.1% to 99.396. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
March 25, 2026 03:46 ET (07:46 GMT)
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