Dollar slides, stocks jump as Trump signals pause on Iran strikes
Published on March 23, 2026.
The US dollar fell and surged after U.S. President Donald Trump announced he had asked the Department of Defence to postpone military strikes against Iranian power plants and energy infrastructure for five days. The news sent the euro up over 1% to $1.5. The dollar index fell 0.3%, after showing a 0.6% rise earlier. Meanwhile, U.K.
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