US Dollar Index holds above 99.00 as US-Iran talks stir uncertainty

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, extends its gains for the second consecutive day, trading around 99.30 during the Asian hours on Wednesday. The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, extends its gains for the… The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, extends its gains for the second consecutive day, trading around 99.30 during the Asian hours on Wednesday. US Dollar Index struggled amid reports that Washington is pursuing talks with Iran to de-escalate the conflict.Trump said Iran offered a goodwill gesture in talks linked to Strait of Hormuz energy flows.Fed’s Goolsbee said rate cut outlook remains uncertain, depending on conflict duration and inflation progress.The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, extends its gains for the second consecutive… For traders, the practical value is less about the headline alone and more about how it changes context, sentiment and the quality of the next decision. Watch follow-through, not just the first reaction: liquidity, volatility and confirmation across related assets usually tell the real story.