Dollar Weakens as US-Iran Hostilities Pause

2026-07-27 01:09 By Jam Kaimo Samonte 1 min. read

The dollar index slipped to around 101.2 on Monday, giving back some of last week's gains as oil prices retreated following a pause in hostilities between the US and Iran over the weekend, easing concerns over supply disruptions and inflation.

The US suspended its nearly two-week campaign of strikes against Iran beginning late Friday without an official announcement, while Tehran said it had ended its retaliatory military operations and held discussions with Oman over the Strait of Hormuz.

Meanwhile, investors are preparing for the Federal Reserve's policy meeting this week, where officials are widely expected to leave interest rates unchanged.

However, some market participants believe the central bank could act as early as this week's meeting in response to renewed inflationary pressures.

Investors are also awaiting advance Q2 GDP figures and PCE inflation data, as well as earnings from major US companies for fresh insights into the strength of the economy.



News Stream
Dollar Weakens as US-Iran Hostilities Pause
The dollar index slipped to around 101.2 on Monday, giving back some of last week's gains as oil prices retreated following a pause in hostilities between the US and Iran over the weekend, easing concerns over supply disruptions and inflation. The US suspended its nearly two-week campaign of strikes against Iran beginning late Friday without an official announcement, while Tehran said it had ended its retaliatory military operations and held discussions with Oman over the Strait of Hormuz. Meanwhile, investors are preparing for the Federal Reserve's policy meeting this week, where officials are widely expected to leave interest rates unchanged. However, some market participants believe the central bank could act as early as this week's meeting in response to renewed inflationary pressures. Investors are also awaiting advance Q2 GDP figures and PCE inflation data, as well as earnings from major US companies for fresh insights into the strength of the economy.
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