Dollar Steadies as Fragile US-Iran Ceasefire Weighs on Markets

CNBC Daily Open: Markets shrug off ceasefire uncertainty

The Iran-U.S. ceasefire has lifted markets, but there remains massive disagreements over the Strait of Hormuz.

Dollar steadies as fragile US-Iran ceasefire weighs on markets

Dollar Struggles to Rebound as Fragile US-Iran Ceasefire Keeps Markets Wary

U.S. $100 bills. Photo: Wikimedia Commons. A fragile calm reigned across currency markets on Thursday as traders kept their eyes fixed on whether the ceasefire between the US and Iran would hold, a day after its announcement sent the dollar tumbling across the board. The deal appeared to be on thin ice, as Israel bombed more targets in Lebanon, and there was no sign Iran had lifted its blockade of the Strait of Hormuz, which has caused the worst…

Dollar struggles to rebound amid fragile US-Iran truce

There was a fragile calm across currency markets on Thursday as traders kept their eyes fixed on whether the ceasefire between the U.S. and Iran would hold, a day after its announcement sent the dollar tumbling across the board. The deal appeared to be on thin ice, as Israel continued its parallel war against the Iran-aligned militia Hezbollah in Lebanon, while Tehran accused both Israel and the U.S. of violating the agreement and said that proc…

Dollar steadies, struggles to rebound as fragile US-Iran ceasefire keeps markets wary

The euro was up 0.16% at $1.1680