Dollar steadies, oil down after Trump says Iran war could end ’very soon’
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Trump suggests Iran war nearing end Oil prices sink as Trump talks Iran war end, supply relief Asia stocks rebound as oil retreats, Trump says Iran war could end soon Stocks end roller-coaster session higher after Trump says Iran war ’very complete’ (South Africa Philippines Nigeria) Dollar steadies, oil down after Trump says Iran war could end ’very soon’ By Economy Published 03/09/2026, 09:23 PM Updated 03/10/2026, 02:54 AM Dollar steadies, oil down after Trump says Iran war could end ’very soon’ 0 Euro US Dollar -0.05% British Pound US Dollar 0.14% US Dollar Japanese Yen -0.14% Australian Dollar US Dollar 0.31% New Zealand Dollar US Dollar -0.12% LCOmdc1 0.00% By Jiaxing Li HONG KONG, March 10 - The dollar steadied against major currencies on Tuesday after retreating earlier, following comments from U.S. President Donald Trump that the Iran war could end "very soon." At 157.73 yen and $1.1632 per euro, the greenback was mostly firm in Asian trade, down from Monday peaks. Global markets were sent into a frenzy on Monday on worries that a prolonged Iran conflict could trigger a global energy shock. Iran’s Revolutionary Guards dismissed Trump’s remarks as "nonsense." Brent crude futures traded at $93 a barrel, well above pre-war levels, but beneath highs that were near $120 on Monday. "Our sense is that we haven’t seen the end of the volatility ... there’s still the potential for events to trigger bouts of risk aversion," said Rodrigo Catril, senior currency strategist at National Australia Bank in Sydney. "We’re cautious in the sense that it may not be as simple as just declaring the end of the war ... and it’s unclear to us whether the Iranian regime would be interested in de-escalating," he said. The risk-sensitive Aussie weakened 0.2% to $0.7063 and the kiwi dollar was down 0.4% at $0.5912. The dollar has been traders’ shelter-of-choice as U.S. and Israeli attacks on Iran have all but frozen oil and gas e...
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