Sustained Dollar Selloff Looks Unlikely For Now -- Market Talk

Dow Jones03-25 21:18

1318 GMT - A sustained dollar selloff looks unlikely as there's little chance of the Iran war ending soon, ING's Chris Turner says in a note. The dollar falls as energy prices and safe-haven demand decline after news the U.S. sent Iran a 15-point plan to end the war and mediators are pushing for a meeting between the two sides by Thursday. "It seems dangerous to position for an early resolution of the crisis, with the Iranians likely to want to take high energy prices as leverage in any negotiations." It's too early to expect a major dollar decline, Turner says. The DXY falls 0.1% to 99.353 and ING expects it trade in a range of 99.00-100.000 this week. (renae.dyer@wsj.com)

 

(END) Dow Jones Newswires

March 25, 2026 09:18 ET (13:18 GMT)

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