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20 Jun 2025

Dollar falls after Trump delays decision on Iran; euro rises

The U.S. dollar edged lower on Friday, as risk appetite improved following President Donald Trump's decision to delay his stance on whether the United States would join Israel in its conflict with Iran.

As of 11:15 a.m. Saudi time, the U.S. Dollar Index — which tracks the greenback against a basket of six major currencies — was down 0.2% at 98.265, though it remained on track for a weekly gain.

In Europe, the EUR/USD pair rose 0.1% to 1.1511, with the euro benefiting from a slight easing in geopolitical tensions

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