Dollar Eases Slightly Amid Iran War Uncertainty -- Market Talk
Dow Jones2026/07/28 06:500650 GMT - The dollar eases slightly amid uncertainty over the U.S.-Iran conflict and following renewed calls for interest-rate cuts from President Trump. Trump told Axios Monday that he paused strikes on Iran to allow for negotiations but could return to strong military action if talks fail. Trump separately called for lower rates again during a session with reporters on Air Force One and said Federal Reserve Chair Kevin Warsh will "do the right thing." The Fed is expected to keep rates steady Wednesday. The DXY dollar index falls 0.1% to 101.493 after reaching a four-week high of 101.573 overnight. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
July 28, 2026 02:50 ET (06:50 GMT)
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