Reported about 12 hours ago
The U.S. dollar declined while the Australian and New Zealand currencies gained after President Trump declared a ceasefire between Israel and Iran, sparking optimism among investors. The ceasefire announcement, which follows a 12-day conflict, has yet to receive comments from Israel, but it has boosted market sentiment. Additionally, dovish remarks from Federal Reserve officials regarding potential interest rate cuts have added pressure on the dollar, contributing to a broader risk rally.
Source: YAHOO