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The US Dollar Index remains stable, and this ceasefire may only be a temporary pause in the conflict

BlockBeats News, April 9th, the US Dollar Index DXY remained stable as the uncertainty of the Iran war remained high despite a two-week ceasefire agreement between the US and Iran. Iran continues to launch missiles and drones towards Arab countries in the Persian Gulf, while Israel has also struck Hezbollah militants in Lebanon.


Iran has also informed mediators that it will limit the number of ships passing through the Strait of Hormuz and will charge a transit fee. Analysts at Deutsche Bank stated in a report: "For now, assume that this is just a fragile pause in this round of conflict; after all, a ceasefire essentially implies further negotiations." (FXStreet)

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