Risk-On Mood Pressures Dollar As Trump Signals Final Call On Iran Deal

The U.S. dollar edged lower on Tuesday as a broader risk-on sentiment swept through global markets, while President Donald Trump confirmed he is nearing a final decision on the future of the Iran nuclear deal.

Risk-On Mood Pressures Dollar As Trump Signals Final Call On Iran Deal. The U.S. dollar edged lower on Tuesday as a broader risk-on sentiment swept through global markets, while President Donald Trump confirmed he is nearing a final decision on the future of the Iran nuclear deal. The combination of renewed investor appetite for higher-yielding assets and geopolitical uncertainty around Tehran has created a complex backdrop for currency traders. Dollar Under Pressure as Risk Appetite Returns The greenback weakened against a basket of major currencies, including the euro, British pound, and commodity-linked currencies such as the Australian and Canadian dollars. Analysts attribute the move to improving global growth expectations and a temporary easing of trade war fears, which have encouraged investors to move out of safe-haven assets like...