Dollar Holds Below Six-Week Peak as Iran Deal Hopes Fade Against Risk
📉 DOLLAR — Peace optimism moved markets. Now it's stuck in the same paralysis as gold. 📌 LOOK CLOSER: Like gold's flatline, the dollar is caught between two canceling forces: deal hope softens safe-haven demand, while Hormuz inflation sustains it. Below the six-week peak means the Vance signal already priced in — without a signed framework, upside stalls. Dollar and gold moving in tandem signals markets have stopped betting on resolution.