U.S. Dollar Weaker Following Iran Cease-Fire Deal -- Market Talk

Dow Jones

04/08

0827 ET - The ICE U.S. Dollar Index is off 1.2% after the U.S. and Iran agreed to a two-week cease-fire and President Trump said the U.S. would help alleviate ship traffic through the Strait of Hormuz. "We think that a further decline in broader market volatility--i.e., the VIX index dropping below the 20 level--will signal more sustained pressure on the USD but the charts suggest the die is cast (bearishly-in the short run at least)," say Shaun Osborne and Eric Theoret of Scotiabank. The VIX index is off 21.6% to 20.21. (patrick.sheridan@wsj.com)

(END) Dow Jones Newswires

April 08, 2026 08:27 ET (12:27 GMT)

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