Reported about 11 hours ago
The dollar experienced a decline following comments from Federal Reserve Vice Chair Michelle Bowman suggesting the possibility of impending rate cuts, which countered its previous gains from increased tensions over U.S. bombings in Iran. Concerns about Iran's potential retaliation, including threats to close the Strait of Hormuz, along with rising oil prices impacting currencies like the Japanese yen, contributed to the dollar's fall. Meanwhile, the euro and sterling saw slight improvements amid mixed economic signals.
Source: YAHOO