<![CDATA[Dollar steadies as markets await signals on Iran war, central banks]]>

Source: economictimes.indiatimes.com · Published: 2026-06-01

The U.S. dollar held steady as markets awaited Middle East peace talks and signals on central bank rate hikes. Hopes for a U.S.-Iran deal to reopen the Strait of Hormuz initially weakened the dollar, but oil prices jumped amid escalating conflict. U.S. jobs data and potential Fed rate increases are now key influences.