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Dollar slips as markets remain cautious over Trump’s Iran peace efforts

by News editor
March 26, 2026
in Business
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Dollar slips as markets remain cautious over Trump’s Iran peace efforts
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SINGAPORE – The dollar index, which measures the performance of the US currency against a basket of six major currencies, fell 0.1 percent to 99.126 points.

The euro rose 0.1 percent to $1.1619, while the pound sterling gained 0.1 percent to $1.3428. The New Zealand dollar remained steady at $0.5834.

The US dollar held firm against the Japanese yen at 158.645, after minutes from the Bank of Japan’s January monetary policy meeting indicated that several board members saw a need to continue raising interest rates, though no specific pace was outlined.

The Australian dollar fell 0.2 percent to $0.6983 before rebounding to settle virtually unchanged.



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