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The Economic Times
The Economic Times
Business

Dollar steadies from weakness as Trump calls off planned attack on Iran

The dollar found support at the start of Asian trading on Tuesday after U.S. President Donald Trump said he had paused a planned attack against Iran to allow negotiations and bond markets stabilised after a two-day selloff.

The U.S. dollar index, which measures the greenback's strength against a basket of six currencies, held steady at 99.026, attracting bids after easing fears of an escalation in the war pushed the gauge 0.3% lower on ‌Monday, snapping a ⁠five-day ⁠winning streak.

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