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    Dollar falls as easing US-Iran tensions boost market sentiment

    Oil prices drop more than 4% after pause in hostilities, while investors scale back expectations of a US rate hike

    ReutersReuters
    2 min read
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    An employee walks past near the screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Friday, July 24, 2026. AP

    An employee walks past near the screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Friday, July 24, 2026. AP

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