The dollar held steady against major peers on Wednesday after the United States launched strikes against Iran, while investors awaited key U.S. inflation data for clues on the Federal Reserve's policy path.
The U.S. military on Tuesday launched strikes against Iran after President Donald Trump said Tehran had shot down a U.S. Apache helicopter in the Strait of Hormuz, throwing a wrench into prospects of peace between the two countries and further straining a fragile ceasefire. Trump, though, downplayed the helicopter incident, telling The Wall Street Journal it "wasn't a big deal" and stressed that "the pilot is fine."
