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Dollar Index Posts Worst Day in Over a Month (0.3% Fall) as Trump Signals Iran Deal Near Completion

2026-06-11 20:51:25

According to Bloomberg data and U.S. Bank strategist Alex Cohen, the Bloomberg dollar index fell 0.3% on Thursday, marking its worst single day since May 6, after President Trump canceled a planned military strike on Iran and indicated a U.S.-Iran agreement is nearing finalization.

Alex Cohen stated: "Today's messaging clearly released a more constructive tone, boosting market expectations for an imminent peace agreement, putting pressure on the dollar."

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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In-Depth Analysis

Bitcoin Reclaims $63K After Trump Cancels Iran Strikes at 1:28 EDT

Lucas Bennett5h ago

Bitcoin Holds $60,000 Support Amid US-Iran Tensions, Says Analyst

Daniel Carter17h ago

The U.S. military carried out airstrikes against Iran for two consecutive days, and Bitcoin dipped to $61,524 during the day

Market Whisper23h ago

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