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The US Dollar Index (DXY) rose from 10-day lows to 99.70 amid conflicting statements by President Trump. While he praised falling oil prices and rising stocks, his warning against Iran sanctions relief created market uncertainty. The Dollar's rebound pressured major currencies like the Euro and Yen, though gains were limited by broader risk appetite. Trump's remarks highlighted geopolitical tensions that could disrupt oil markets and influence Dollar demand. Traders are now monitoring whether Iran will comply with US demands, which could trigger further sanctions or market volatility. The Dollar's performance remains tied to oil prices and geopolitical developments, with key support/resistance levels to watch in the coming days.
