Dollar Holds Two-Month High as Iran-Israel Truce Hangs in Balance
๐ DOLLAR โ Markets are pricing stability while missiles are still being intercepted. ๐ LOOK CLOSER: A two-month dollar high signals haven demand โ but "hovers" means traders aren't pressing the bet. With Iran's conditional halt active and IDF campaign clock running, FX is pricing a fragile pause, not resolution. If IDF sorties resume or US assets take confirmed fire, the next dollar move is sharper and faster.