• Business,
  • World

    • US Dollar Slides 1.7% in April Amid Ceasefire Optimism

    By on April 15, 2026
    Dollars
    Dollars

    Singapore:  The US dollar hovered near a six-week low today, giving up most of the gains recorded since the onset of the Middle East conflict, amid growing expectations of renewed negotiations between Washington and Tehran.

    The dollar index, which measures the US currency against a basket of six major currencies, stood at 98.13, close to its weakest level in more than six weeks.

    The euro traded at $1.1791, near its highest level since 2 March, while sterling remained stable at $1.35715.

    The Japanese yen weakened slightly to 158.975 per dollar, while the Australian dollar reached its strongest level since 12 March, holding at $0.7124 in early trading.

    The US dollar had previously benefited from safe-haven demand, but improving sentiment linked to a possible ceasefire and diplomatic progress has led to a decline of nearly 1.7 percent this month against major currencies.

    more recommended stories

    Terms of Use:

  • This website Arabian Daily is an individual’s property, not used for any commercial or sales purposes. What you see here are one’s random thoughts in action. I, by no means, endorse any product or party through this, unless stated explicitly.
  • All work you will find here is copyrighted unless stated otherwise. No part of this work can be reproduced in any way with the exception of a) if you share our work, it should link back to this website; b) if you quote any part of our work, it should be properly credited to us with a link to this website.
  • All images used on this website have been taken from open source image websites on the Internet. If any of them are copyrighted to you and you want us to take them down or add credits, please feel free to contact us here, or by using the contact form on this page.
  • The views expressed on Arabian Daily are solely ours. They do not represent any party or any particular school of thought. This website does not promote racism in any form.
  • Privacy Policy:
    This website will respect the readers’ and the writer’s privacy. We do not sell any of their personal or contact information to another company. We do not put your information on spam lists. Also, and more importantly, we are not responsible for the privacy practices of any of our advertisers or website commenters.
  • Reserve Rights: We reserve the right to change the focus on this website, to shut it down, sell it or to change the terms of use at our own discretion.