Dollar falls with suspended Iran attack

The dollar index fell in Tuesday's trading, after US President Donald Trump announced the suspension of an attack that was scheduled to be launched against Iran.

The dollar index, which measures the performance of the US currency against six currencies, stabilized at 99.1810 points, a slight decrease of 0.01% from the previous closing price.

The dollar gained strength over the past week as a safe haven from the escalating war in the Middle East and the sell-off that swept global bond markets, as investors reassessed the risks of central banks having to take measures to contain inflation with the continued closure of the Strait of Hormuz and the disruption of energy markets.