Iran Negotiations Drag Oil Lower and Support the Dollar
The dollar ended the week marginally higher as geopolitical tensions and Fed policy uncertainty kept it range‑bound, with traders pricing a 56% chance of a hike this year. Meanwhile, sterling outperformed on softer UK inflation, the euro slid under oil‑driven growth fears, and commodities saw gold dip, silver steady, and oil tumble on Iran deal talks and OPEC+ supply signals.
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