The US dollar experienced a big dump, while the euro saw a strong rebound as trading risks between Iran and the US have resumed.

[Coin World] Oil prices are falling, stocks are in high demand, and the dollar's exchange rate is experiencing a big dump. After Iran carried out a light retaliation against the U.S. base located in Qatar, risk trading has restarted. The market sees this as merely a performance for domestic audiences, similar to last year’s attack on Israel. Today’s reversal of the dollar is significant, with early buying turning into heavy dumping. The euro has become the solid winner of the day, net rising by 41 basis points, but has increased by 140 basis points from its low. It has returned to the trading range around 1.1600.